As of August 2022, the total number of apartment jeonse transactions made in South Korea reached around 34.1 thousand. The number of apartment jeonse transactions made in Gyeonggi province was the highest with about 12.4 thousand, followed by Seoul with around eight thousand.
Jeonse is a unique housing leasing system in South Korea. A large sum is paid to the landlord for the rental period, which is usually two years. The deposit is returned to the tenants at the end of the two-year contract.
Number of apartment jeonse transactions in South Korea as of August 2022, by province
(in 1,000s)
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Korea Appraisal Board. (November 15, 2022). Number of apartment jeonse transactions in South Korea as of August 2022, by province (in 1,000s) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1120636/south-korea-apartment-jeonse-transaction-volume-by-province/
Korea Appraisal Board. "Number of apartment jeonse transactions in South Korea as of August 2022, by province (in 1,000s)." Chart. November 15, 2022. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1120636/south-korea-apartment-jeonse-transaction-volume-by-province/
Korea Appraisal Board. (2022). Number of apartment jeonse transactions in South Korea as of August 2022, by province (in 1,000s). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1120636/south-korea-apartment-jeonse-transaction-volume-by-province/
Korea Appraisal Board. "Number of Apartment Jeonse Transactions in South Korea as of August 2022, by Province (in 1,000s)." Statista, Statista Inc., 15 Nov 2022, https://www.statista.com/statistics/1120636/south-korea-apartment-jeonse-transaction-volume-by-province/
Korea Appraisal Board, Number of apartment jeonse transactions in South Korea as of August 2022, by province (in 1,000s) Statista, https://www.statista.com/statistics/1120636/south-korea-apartment-jeonse-transaction-volume-by-province/ (last visited November 05, 2024)
Number of apartment jeonse transactions in South Korea as of August 2022, by province (in 1,000s) [Graph], Korea Appraisal Board, November 15, 2022. [Online]. Available: https://www.statista.com/statistics/1120636/south-korea-apartment-jeonse-transaction-volume-by-province/