Share of luxury apartments South Korea 2023, by select region

Published by
H. Yoo,
Feb 2, 2023
In 2023, around 66 percent of apartments in Seoul, South Korea, with more than one kitchen and room were worth over 900 million South Korean won. The proportion of expensive housing in Seoul has increased rapidly over the past five years, not only in Seoul but also in the Seoul capital area, including Gyeonggi and Incheon.

Share of apartments worth over 900 million South Korean won in South Korea in 2023, by select region

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Release date

January 2023

Region

South Korea

Survey time period

January 6, 2023

Number of respondents

5.71 million apartments

Special properties

permanent apartments with more than one kitchen and room, an independent entrace, and can be owned or sold

Supplementary notes

1,000 South Korean won equals 0.81 U.S. dollars or 0.75 euros as of February 2023.

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Statistics on " Luxury real estate in South Korea "

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Overview

5

Wealthy buyers

4

Prices

7

Highlight region: Seoul

6

Further related statistics

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Topics

Luxury real estate in South KoreaMortgage industry in South KoreaReal estate in South KoreaHousing market in South KoreaOffice real estate in South Korea
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