Mean jeonse price of apartments Seoul South Korea 2022, by size
In October 2022, the mean jeonse price of apartments with over 135 square meters in Seoul, South Korea amounted to around 1.45 billion 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, which is usually two years. The deposit is returned to the tenants at the end of the two-year contract.