As of July 2024, the total number of apartment jeonse transactions made in South Korea reached around 36.3 thousand. The number of apartment jeonse transactions made in Gyeonggi province was the highest with about 14.2 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 July 2024, by province
(in 1,000s)
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Korea Real Estate Board. (October 15, 2024). Number of apartment jeonse transactions in South Korea as of July 2024, by province (in 1,000s) [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/1120636/south-korea-apartment-jeonse-transaction-volume-by-province/
Korea Real Estate Board. "Number of apartment jeonse transactions in South Korea as of July 2024, by province (in 1,000s)." Chart. October 15, 2024. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/1120636/south-korea-apartment-jeonse-transaction-volume-by-province/
Korea Real Estate Board. (2024). Number of apartment jeonse transactions in South Korea as of July 2024, by province (in 1,000s). Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/1120636/south-korea-apartment-jeonse-transaction-volume-by-province/
Korea Real Estate Board. "Number of Apartment Jeonse Transactions in South Korea as of July 2024, by Province (in 1,000s)." Statista, Statista Inc., 15 Oct 2024, https://www.statista.com/statistics/1120636/south-korea-apartment-jeonse-transaction-volume-by-province/
Korea Real Estate Board, Number of apartment jeonse transactions in South Korea as of July 2024, by province (in 1,000s) Statista, https://www.statista.com/statistics/1120636/south-korea-apartment-jeonse-transaction-volume-by-province/ (last visited November 25, 2024)
Number of apartment jeonse transactions in South Korea as of July 2024, by province (in 1,000s) [Graph], Korea Real Estate Board, October 15, 2024. [Online]. Available: https://www.statista.com/statistics/1120636/south-korea-apartment-jeonse-transaction-volume-by-province/