Turning Point for Metropolitan Apartment Prices… Signals of Austerity and Supply 'Within 5km'
4 Articles
4 Articles
(Seoul = Yonhap News) Senior Reporter Yoon Seon-hee = # The metropolitan apartment market has entered a distinct turning point.
Although the upward trend in Seoul apartment prices has slowed for two consecutive weeks, the market has risen for 90 consecutive weeks, once again breaking the all-time record. While the downward trend has intensified as properties with reduced prices appeared in large complexes within the "Gangnam Three Districts" (Gangnam, Seocho, and Songpa), the Gangbuk area, including Seongbuk and Seodaemun, maintained an upward trend, revealing a distinct…
[Digital Daily Reporter Kim Nam-gyu] It has been found that the number of vacant offices in large office buildings in Seoul decreased in the third quarter of this year. The vacancy rate declined as large buildings newly established in the city center during the second quarter secured tenant companies. On the other hand, office rents rose by 4.3% compared to a year ago. According to the ‘Seoul Office Market Report for Q3 2026’ released on the 29…
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