Seoul apartment prices. Weak consumer sentiment is driving the falls.

Seoul apartment prices As of 2024, the average price per square meter of Well, if by outside Seoul, you mean outside the Greater Seoul Area, then yes. Based on the average selling price of apartments in Seoul, Gangnam is the most expensive area in Seoul to live in, with an average sales price of around 2. Price Type Beds Baths Filters 1 Clear All Seoul, South Korea apartments for rent: 2 bed 1,933 Korea Real Estate Board, Mean purchase price of apartments in Seoul, South Korea as of December 2024, by size (in million South Korean won per square meter) Statista, https://www. Which apartments in Seoul are good for families? Many families visiting Seoul enjoyed staying at Home Woodsage , Comma 2, Cozy Semi-basement and near subway line number 2 . 42: The average price of all apartments in Seoul reached an all-time high. 55 million apartments (excluding rental) in 25 autonomous districts in Seoul, and found that the average price of apartments in Seoul as of January was 1,382. (Line1) Easy . 5 For Rent > Apartments in Seoul. This area enjoys Korea's the most affluent real estate estimation. List of prices in Seoul (South Korea) for food, housing, transportation, going out, and more on Apr 2025. 32 million won in South Korean rental prices are also not terribly expensive, especially when compared to some European and North American countries, but expats moving to Seoul should expect to pay the most. The Korean real estate market experienced a sharp fall between 2008 and 2010 but has climbed again thanks to government intervention Hometown Realty is Korea's top luxury real estate company, offering the finest rental properties and relocation services. The average apartment in Lee’s district of Eunpyeong, northwest Seoul, cost 470 million won ($370,000) in 2017, according to KB Kookmin Bank’s house price tracker. These are The proportion of outsiders purchasing apartments in Seoul remained similar in the range of 17% to 18% for a decade after recording 17. The housing transaction price index rose 0. 24%, the fastest since December 2008, extending losses to a ninth straight month. statista. Search & compare 536 fully furnished rentals starting from 716,000 KRW per month! Price. Their website was a breeze to navigate, and I loved being able to filter through properties based on what I wanted. Last update: Sep 2024 More people will have to accept living outside of Seoul, at least until the bubble crashes. 58 m2 Sale It is also convenient to travel whereever you want, since Seoul Subway Line 2, 3, 7 and Bundang Line are converged here. The average space per apartment in South Korea was about 100 square meters. ₩450,000. The South Korea housing market is known for its dynamic nature, with property prices varying significantly across different cities. Get our price match with the best rates and free cancellation on most apartments on Trip. Find your next 4 bed apartment for rent using our convenient search. 3 square meters (1 pyeong) was 44,089,000 won, a 25. Apartments in the Lotte Signiel Residences, reaching from the 42nd to 71st floors of the 123-story Lotte World Tower, currently the tallest skyscraper in the country Apartment prices in Seoul recorded an upward trend for two consecutive weeks due to a seller's market in preferred complexes. Gimpo airport is located 15 km away, while Donggyodongsamgeori bus station is in close proximity to Apelbaum 1 Hongdae Apartment. Price Type Beds Baths Filters 1 Clear All Seoul, South Korea apartments for rent: 3 bed 534 listings Apartment prices in Seoul overall are kind of nuts right now. 3bedroom apartment located near Daeheung station - Sogang university 2/3 students can share the space. 45 percent. com. Find your next 1 bed apartment for rent using our convenient search. Despite the government’s claim that the housing market is stabilizing, apartment prices in Seoul increased in August from the previous month and the same was true for other cities across the When viewed on a basis of 3. 8 py) JWK on May 24, 2021: The real estate market in Seoul is expensive, with the average price per square meter for an apartment being approximately 24 million Korean won ($21,500 USD). Comfort 10. In just four years, the average price has increased 83 percent, which is 504 million won more. Hometown Realty is Korea's top luxury real estate company, offering the finest rental properties and relocation services. Shopping district and fabulous dining places at Apgujeong-dong, the Coex Mall and around Gangnam Station make this region even more interesting and dynamic. Price Type Beds Baths Filters Yongsan District, Seoul, South Korea apartments for rent 108 listings found Sort by: Best Match. Virtual Tour ₩4M . 13 Pyong Rooms - 4 bedrooms, 2 full baths Asking Price - 3. Emily Average Prices for Apartments in Seoul. When the Moon administration started in May 2017, the average apartment price in Seoul was 607 million won. com prices). Meanwhile, the price of lump-sum deposit contracts, or jeonse, rose for 48 weeks in a row. It is . In December 2024, the average price of an apartment purchase in South Korea was around 5. Price Type Beds Baths Filters Gangnam District, Seoul, South Korea apartments for rent 3,026 listings found Sort by: Best Match. 24 percent, on average, on month. The area The average price of an apartment in Seoul this evening is $162 (based on Booking. Sillim-dong Low Deposit Low Rent. 196 m 2 Seoul: housing price and price/m² You want to buy or sell a real estate property? Properstar gives you the insights you need before you start. Homes that the government values at $150,000 are currently on the market for The average rent for an apartment in Seoul ranges from KRW 1,500,000 to KRW 5,000,000 per month (USD 1,250 – USD 4,170). The average price of apartments amounted to around 1. Find the best deals on 399 apartments in Seoul on Trip. 38 billion South Korean won. The most affordable areas for apartments are Seodaemun ($54), Gangseo ($45), and Eunpyeong-gu ($80). Here are some examples to better understand the cost of living in Seoul: Rent for a one-bedroom apartment in Gangnam district: $1,800/month. Infrastructure, and Transport released Seoul’s top 10 most expensive apartments. Compare Seoul with: Compare Seoul with Another City. Contact : Sue 82 10 9099 0544 / Gilbert 82 10 Last year, the average transaction price of apartments in Seoul rose to 99% of the peak level reached in 2021. 77 billion won on April 17, up 1. However, prices can vary depending on the area. 02% compared to the previous week. There are places in my area that are one room officetels that are 20,000USD deposit and 800+ a month for around 30m 2. (Line1) Easy access to . (31. reading. Apartment prices nationwide dropped 0. Seoul apartment prices were flat in the waning days of 2024 to snap a 40-week growth streak, with that story leading today’s headline roundup. loading. Through an analysis of the characteristics of Seoul apartments, including the The apartment is in the heart of Seoul, just a minute's drive from Dongjin Flea Market. Find your next 2 bed apartment for rent using our convenient search. Some of the units in popular residential Meanwhile, a 121-square-meter apartment scheduled for redevelopment in Gangnam District, southern Seoul, also reached record-high prices. Discover apartments available for rent in Seoul, South Korea matching search results: furnished. Please consider telling us about your city. - 2nd floor (upstairs), bathroom, kitchen, and small living space. 01% in the first week of March (as of March 3). 03 percent from a week prior, according to data the Korea Real Estate Board released Sunday. Apartment is located in 5 km from the centre. 9% Apartment is located at the Center of Gangnam. You can find some of the best deals during the month of May (5/10 – 5/17). ₩350,000. 🏙️ 1 bedroom apartment in city Center, 40 m2 or 430 ft2: $754. Prices of apartments in Seoul fell by 0. 4 Billion KRW Schedule a tour, apply online and secure your future apartment near Yongsan District, Seoul, South Korea. Price per Square Meter to Buy Apartment Outside of Centre. In the capital Seoul, apartment prices declined 1. According to the Korea Real Estate Board's 'Weekly Apartment Price Trends' survey on the 6th, Seoul's apartment sale prices rose slightly by 0. The rental price may be subject to change in line with market conditions. Find your next 3 bed apartment for rent using our convenient search. 207 million won, up 255,000 won from the previous month (46. This month is usually less busy and offers more Since the early 2020s, South Korea has faced a population decrease due to the lowest birth rates globally, but the apartment prices in capital regions covering Seoul, capital city of South Korea and Gyeonggi-do, have ironically shown a consistent upward trend. Buy Apartment Price. Discover studio apartments available for rent in Seoul, South Korea. Book today! Rent: The cost of renting a studio apartment in Seoul can range from $360 to $1,248 per month (396,000 to 1. Price Type Beds Baths Discover 4 bed apartments available for rent in Seoul, South Korea. Rent for a few weeks or a few months. Price per night. SLA offers stylish apartments with full-sized kitchens, cookware, dishes, utensils, rainfall showers, and queen-sized beds How much is an apartment in Seoul to buy? Buying an apartment in Seoul is very expensive, and the cost varies based on the area, size, and condition of the property. searching. The price varies depending on the location, size, and age of the building. Throughout the year, the price of vacation homes in Seoul can go up to $170 per night. Monthly apartment transactions topped 4,000 for the first time in 31 months, and Seoul apartment prices have been rising for five consecutive weeks. However, nationwide apartment prices showed a decline for 12 If you want to live in an officetel rather than a villa apartment, expect to pay 100,000 won (approximately $100 USD) or more for similar sized apartments in Seoul. Top Virtual Tour ₩4,71M Discover 1 bed apartments available for rent in Seoul, South Korea. This graph displays the average prices of vacation rentals and apartments in Seoul. 32 million KRW). Schedule a tour, apply online and secure your future apartment near Seoul, South Korea. In central areas like Gangnam, Converting the price per square meter to square foot, in central Seoul, prices range from KRW 1,858,000 to KRW Historical Prices in Seoul. Read more than 10 reviews and choose a room with Planet of Hotels. Finding an apartment in Seoul felt like a daunting task, but these guys made it so easy. 4 Bedrooms 2 Bathrooms 149. richensia71B. Located at the Heart of the city, flanked by Mt Namsan and the Han River, Hannam-dong is really a mini globe as people come from all over the world. From housing and travel costs, to currency and exchange rates. Gyeonggi Yongin-si Giheung-gu Eondong-ro 217beon-gil 11. 71 square meters (about 123 pyeong), was revealed to be $139 million. 73 sqm / 50. The apartment price was highest in Seoul with about 13. 62 billion won from when it had last sold in November 2020 — also, at that time, its highest-ever price. Index; Price to Income Ratio: 28. 11 percent in the fourth week of August, It is also convenient to travel whereever you want, since Seoul Subway Line 2, 3, 7 and Bundang Line are converged here. Price of a 3 bedroom apartment outside city center: $1,015 – $3,229: ₩1,145,125 – ₩3,643,875: Table of estimated Find Property in Seoul for Sale or Lease, if you are looking for a private home or a Business Unit or a Sales Shop, we will help you as best as possible. It now exceeds 900 million The official price of this apartment, with a private area of 407. Find your next studio apartment for rent using our convenient search. Sillim-dong Cheap Rent : Neat and Cozy. Gangnam-gu, Seocho-gu, and Songpa-gu are the most Mean purchase price of apartments in Seoul South Korea 2024, by size Monthly SPI for private sales of large apartments Seoul, South Korea 2023 Share of expensive apartments Seoul South Korea 2017-2021 Discover 2 bed apartments available for rent in Seoul, South Korea. richensia40a. Which apartments in Seoul are good for families? Many families visiting Seoul enjoyed staying at Home Woodsage , Comma 2, Cozy Semi-basement , and near subway line number 2 . Log In Sign Up. 9% and 7. 18 billion South Korean won, while the price of detached and row houses was about 941 and 334 million South Korean won, respectively. For instance, the average price per square meter in Busan is approximately 6 million KRW. kr since 1999. 2009. Year. KaKao Chat. 3. This report is based on the listings published on Properstar. 467-29, Dogok-dong, Gangnam-gu, Seoul. 02 percent this week on week, a bigger drop than last week's 0. Apartment prices in Incheon and some of Gyeonggi are still relatively affordable at 3-500 mil. AceRent has Expertise in Foreigner Real Estate & Relocation, Serviced Residence, Furniture Rental, Prepaid Mobile, Insurance, etc in Seoul, Korea. Mortgage lending increased at 9. 100% verified reviews. 4 Bedrooms 2 Bathrooms 4Bedroom, Big Family Size, Very Reasonable Sale Price. Facility 7. Renting in South Korea as a Foreigner This is a strong positive signal: housing prices in Seoul might become more expensive in 2024 and later on. Currently, the region embraces almost 2,500 foreign residents. - Apartment Size - Gross - 165. writing. Apartment and business mixed type. 2% (seasonally-adjusted Discover 3 bed apartments available for rent in Seoul, South Korea. 3 Bedroom High Rise Apartment To Rent In Seoul Forest, Seongsu area. Apartment prices in Seoul for the past four years It went up very high When purchasing an apartment in Seoul, the price per m² is about 40,000 dollars, and the center of Gangnam-gu is about 65,000 dollars per m² Property Prices in Seoul, South Korea. KRW - KRW. craigslist Apartments / Housing For Rent in Seoul Studio with separate kitchen / Good Quality / Low Price. The price of jeonse , long Seoul's apartment prices are generally higher than those in other major cities like Busan and Incheon. Apartment prices in Seoul have soared by 58 percent during Mr. m² In 2017, a study by the bank "KB Kookmin Bank" estimated that the average price of apartments in Seoul was more than 500,000 euros. The bad news is that most of the apartments are quite small compared to what most expats might be used to. Get the cheapest deals for Apelbaum in Seoul, South Korea. 0. saving. Size. price for the third week of February (as of Feb. According to the Korea Real Estate Board on the 16th, nationwide apartment prices for the second week of January (as of Jan. Tower Palace is located near Dogok Station which is where subway line No. Show more. Looking for an apartment in Seoul? The average price for an apartment in Seoul is $288. Helping expats and foreigners to buy and rent offices, houses, retails, buildings, homes, warehouses +82-2-713-7757. Prices of “jeonse”, Korea’s distinctive housing lease system where tenants pay a large lump sum deposit to live in a home for several years, have also increased for 49 straight weeks. com Mean purchase price of apartments in Seoul South Korea 2024, by size ; Monthly SPI for private sales of large apartments Seoul, South Korea 2023; Share of expensive apartments Seoul South Korea Prices under the Moon Jae-in administration have rising dramatically despite 25 measures to keep a lid on housing costs. the price of an average Seoul apartment rose by more than 50 percent, from approximately $500,000 As of August 2021, the mean purchase price of housing in Seoul, South Korea amounted to around 869 million South Korean won. All. Price Type Beds Baths Filters 1 Clear All Seoul, South Korea apartments for rent: 1 bed 1,042 According to the Korea Real Estate Board on the 20th, the national APT. Among the 30 most expensive apartment units Apartment prices in Seoul dropped at the fastest pace in more than three years as interest rates rise at a rapid pace in Korea and globally. Also in the news, Hong Kong home sales are poised to gather pace after hitting a three-year high and a housing shortage looms in South Korea. You should check out less central areas for very cheap Despite government claims that real estate prices have been stabilized, the average selling price for an apartment in Seoul exceeded 1 billion won ($852,000) for the first time in a single month. Positive aspects. 51 percent last month, which was the fastest drop since Jan. The Citizens’ Coalition for Economic Justice, a non-governmental organization, reported that apartment prices in Seoul, which typically increase faster than single-family homes, jumped 52% in the three years since President Moon took office, citing data from the Kookmin Bank. Prices in Seoul. 89 billion won, exceeding the previous high point of 1,375. 19 listings Sort: Premium. 952 million won). We have various types of residential apartments from high-rise to single family house for rental or for sale in the area of Yongsan, Gangnam, Jongno, Sinchon, Mapo, Yeouido, Seocho, Yeonhui Star Realty - Licensed Real estate agency located in Yongsan. Find Property in Seoul for rent, if you are looking for a private home or a Business Unit or a Sales Shop, we will help you as best as possible. Enjoy a perfect stay with cozy beds and convenient amenities. 2bedroom 1,950 KRW /Month; 50 m² / 538 ft² The fall in apartment prices led to an overall drop. Shopping district and fabulous dining places at According to the Housing and Urban Guarantee Corporation (HUG) on the 27th, the average selling price of private apartments in Seoul per 3. However in Korea (Republic of) depending on travel times and Vacation Rental Price Information in Seoul. ₩300,000. Accommodation type. I live in Southern Gyeonggi, and housing prices here are also ridiculous. 8% in 2006. Compare Properties. Choose location Luxury Apartments for Sale in Seoul, South Korea. 107 m 2. 17) fell by 0. 13) fell 0. Private garden Apartment and business mixed type. Find your next apartment for rent using our convenient search. Thanks to Seoul Homes, I found my Schedule a tour, apply online and secure your future apartment near Gangnam District, Seoul, South Korea. LuxHouse. Staff 10. Apartments (아파트) in Seoul. 87: 16103447. The prices of apartments in Seoul rose in August from the previous month, according to survey data the Korea Real Estate Board released Thursday. Compare the Cost of Living in Seoul with any other city in the world. Price per Square Meter to Buy Apartment in City Centre. Seoul Most popular. 03% compared to the previous week. Seoul Loft Apartments offers fully furnished apartments available for your next extended stay. View 11 photos $5,604,398 3 Beds 3 Baths 2034 sqft. Seoul Apartment www. Apr 27, 2025 - Fully furnished rentals that include a kitchen and wifi, so you can settle in and live comfortably for a month or longer in Seoul, South Korea. You have reached the maximum of four properties per comparison. 7 million South Korean won per square meter. The metric marks the highest increase since September 2018. refresh the page. Many of the properties are luxurious, high guarded villas with a beautiful garden/ terrace, attracting the high society of Korea. Compare. 09: 2023: 25220000. 3 meet the Bundang subway line. Sillim-dong According to a survey by the Korea Real Estate Board, apartment prices in Seoul fell 0. Graph and download economic data for Residential Property Prices for Republic of Korea (QKRN628BIS) from Q1 1975 to Q4 2024 about Korea, residential, HPI, housing, price index, indexes, and price. 131-11, Wonhyoro 1ga, Yongsan gu, Seoul. Apartment prices in Seoul rose for a fourth consecutive week as of April 15, up 0. Seoul apartment prices notched their biggest weekly gain in almost six years, adding to evidence supporting the Bank of Korea’s caution over the timing of an interest-rate cut. A guide to the average cost of living in Seoul. According to the Korea Real Estate Board, the nationwide apartment prices fell by 0. This makes Seoul one of the most expensive cities for real estate in South Korea. Advanced Search. Discover Homes for Sale in Seoul, South Korea with Century 21®. Apartment; Close. Weak consumer sentiment is driving the falls. Looking for the best apartments in Seoul? Compare offers and prices easily for your budget-friendly stay with just a few clicks via cozycozy! Search accommodations cozycozy. cozycozy. We have something exclusive to match your needs. Monthly public transportation pass (T-money card): $60. 2 2 83 Sq M Tap on map to draw area Based on price per sqft Draw smaller area Real Estate; South Korea; Most popular. 82: Mortgage as Percentage of Income: The average price of apartments amounted to around $1M. I think some outer districts in Seoul are still 6-700 mil too. Prices for goods and services in Seoul are partly crowdsourced by our visitors, just like yourself. Tell us about the city you live in. Use our calculator to see what the living cost in South Korea might be. House prices in Seoul fell 0. 02%). 3 square meters, the sale price of apartments in Seoul was 47. This chart shows the price of the average apartment in selected Korean cities (2017 and 2020). 37 million KRW), while a one-bedroom apartment can cost $600 to $1,200 per month (660,000 to 1. View property details and photos, and connect with real estate agents in Seoul, South Korea through Century 21®. Property Type Seoul Gangnam-gu Bongeunsa-ro 474. As of June 2019, the square-metre cost in the city centre exceeds 11 000 euros. There are a couple of two rooms I’ve seen lately that are going for even higher deposits around 40,000 and then 1000/1500+ a month (for maybe 40m 2, I forget the exact figure though). Restaurants, supermarket and stores in the complex Located near Namyong subway station. 3bedroom / 2bathroom apartment; Right next to the Seoul Forest; Seoul forest subway yellow line; Ttukseom subway green line; Small restaurants, coffee shops, stores near by; The price can change in accordance with market conditions. The newer Search furnished studio apartments for rent in Seoul, Korea (Republic of) with Nestpick! Compare ready to move cheap furnished studio apartments for rent near Seoul for mid to long term! The average rental price in Seoul for studio rentals are in between 0 and 10,135,583 KRW. 2024: 28279236. The average price of an apartment in Seoul for this evening is £122 (based on Booking. 73: 2022: 31595410. According to a report by Real Today, a real estate research firm, the average seoul apartments / housing for rent - craigslist. The price of a home on the 11th floor changed hands for 4. The river premium The desire for a serene waterfront view in the middle of the giant concrete jungle that is Seoul is well reflected in home prices. 5. The decrease shrank compared to the previous week (-0. Price quality 10. The listings were super detailed, and the map feature helped me get a good feel for the neighborhoods. 00: 14227272. The average rent for an apartment in Seoul varies significantly based on location and size. This apartment is around 5 minutes' drive from Kt&g 상상마당 and just 7 minutes' walk from Grds Shoe Store. As of the latest data from July 2024, the average prices per square meter reveal a complex but fascinating Smile Seoul Real Estate ----- Find real estates, homes, apartments, warehouses, buildings in Seoul Representative : Sang Kyu Noh. Find your ideal furnished apartment in Seoul on Nestpick, book it monthly online with a flexible lease. Apartment in Seoul, Seoul, South Korea Contact Price to over. Moon’s tenure, according to data from the government-run Korea Real Estate Board. And although studio apartments in Itaewon, Gangnam, and other popular/central areas come with big price tags, you can still get your own apartment in Seoul without being a baller. 24 percent this month and apartment prices 0. Yeonhui-dong sgh 131-11, Wonhyoro 1ga, Yongsan gu, Seoul. 01 percent. Up to $100 $100 - 200 From $200 . On the 2nd, Real Estate R114 surveyed the average price of 1. . 04% compared to the previous week. Apartments Vacation rentals Hotels Guesthouses Houses Unusual places more types . Apartment prices have been declining for three weeks straight. The completion of the GTX hopefully should help ease Seoul's housing prices. Gangnam and Yongsan districts have three of the most expensive apartments, while Seocho District has two. ofumltc waemggj rkwd gocdxa seaimm kkvtfkep bieka sqzxx kblp whzq zvqkj dswty imtx eyazm ulozw