Monthly rent for studio apartments near Seoul's university neighborhoods continues to rise. According to real estate ...
Recently, due to lending regulations, the demand for housing transactions has concentrated in the rental market, leading to ...
Meanwhile, transactions of ultra-high-end apartments have surged. Apartments priced over ₩5 billion (approximately $3.8 million) accounted for 0.72% of all sales in 2024, up from just 0.04% in 2018.
Seoul apartment auctions surge 67% as borrowers struggle with rising interest rates Seouls apartment auction figures rise sharply amid challenges faced by homeowners due to financial strains.
The condition for the apartments, with their panoramic view of the Han River and managed by Orion Group, is a deposit of 200 million won ($180,000) and a monthly rent of 15 million won ($13,500).
Global real estate asset managers and capital are gearing up for a bite of Seoul’s rental housing market, which has been undergoing a transformation since the country’s housing security has ...