As of May 2024, the mean jeonse price for housing in South Korea amounted to around 227 million South Korean won. Figures were highest in Seoul, at around 430 million South Korean won. Jeonse is a unique housing leasing system in South Korea. A large sum is paid to the landlord for the rental period, usually for 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 May 2024, by province
(in million South Korean won)
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KB Financial Group. (July 5, 2024). Mean jeonse price for housing in South Korea as of May 2024, by province (in million South Korean won) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1120743/south-korea-mean-jeonse-price-housing-by-province/
KB Financial Group. "Mean jeonse price for housing in South Korea as of May 2024, by province (in million South Korean won)." Chart. July 5, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1120743/south-korea-mean-jeonse-price-housing-by-province/
KB Financial Group. (2024). Mean jeonse price for housing in South Korea as of May 2024, by province (in million South Korean won). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1120743/south-korea-mean-jeonse-price-housing-by-province/
KB Financial Group. "Mean Jeonse Price for Housing in South Korea as of May 2024, by Province (in Million South Korean Won)." Statista, Statista Inc., 5 Jul 2024, https://www.statista.com/statistics/1120743/south-korea-mean-jeonse-price-housing-by-province/
KB Financial Group, Mean jeonse price for housing in South Korea as of May 2024, by province (in million South Korean won) Statista, https://www.statista.com/statistics/1120743/south-korea-mean-jeonse-price-housing-by-province/ (last visited December 22, 2024)
Mean jeonse price for housing in South Korea as of May 2024, by province (in million South Korean won) [Graph], KB Financial Group, July 5, 2024. [Online]. Available: https://www.statista.com/statistics/1120743/south-korea-mean-jeonse-price-housing-by-province/