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 November 21, 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 November 21, 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: November 21, 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 November 21, 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/
