In June 2024, the mean jeonse price for housing in South Korea amounted to around 260 million South Korean won. The mean jeonse price for apartments was the highest among all housing types, at nearly 298 million South Korean won. Jeonse is a unique housing leasing system in South Korea where a large sum is paid to the landlord for the rental period, usually for about two years. The deposit is returned to the tenants at the end of the two-year contract.
Mean jeonse price for housing in South Korea as of June 2024, by housing type
(in million South Korean won)
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KB Financial Group. (June 10, 2024). Mean jeonse price for housing in South Korea as of June 2024, by housing type (in million South Korean won) [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1120733/south-korea-mean-jeonse-price-housing-by-type/
KB Financial Group. "Mean jeonse price for housing in South Korea as of June 2024, by housing type (in million South Korean won)." Chart. June 10, 2024. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1120733/south-korea-mean-jeonse-price-housing-by-type/
KB Financial Group. (2024). Mean jeonse price for housing in South Korea as of June 2024, by housing type (in million South Korean won). Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1120733/south-korea-mean-jeonse-price-housing-by-type/
KB Financial Group. "Mean Jeonse Price for Housing in South Korea as of June 2024, by Housing Type (in Million South Korean Won)." Statista, Statista Inc., 10 Jun 2024, https://www.statista.com/statistics/1120733/south-korea-mean-jeonse-price-housing-by-type/
KB Financial Group, Mean jeonse price for housing in South Korea as of June 2024, by housing type (in million South Korean won) Statista, https://www.statista.com/statistics/1120733/south-korea-mean-jeonse-price-housing-by-type/ (last visited December 26, 2024)
Mean jeonse price for housing in South Korea as of June 2024, by housing type (in million South Korean won) [Graph], KB Financial Group, June 10, 2024. [Online]. Available: https://www.statista.com/statistics/1120733/south-korea-mean-jeonse-price-housing-by-type/