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.

The view of the apartment complex from Namsan, Seoul. /Courtesy of News1 According to the Korea Real Estate Board on the 16th, nationwide apartment prices for the second week of January (as of Jan ...

Half of January apartment transactions in South Korea sold below previous prices January sees a significant drop in apartment transaction prices across South Korea ...

Since the martial law crisis in South Korea last December, some members of the People Power Party (PPP) have deliberately ...