According to a survey conducted in South Korea in December 2020, nearly 50 percent of millionaires surveyed reported owning real estate assets worth between one and three billion South Korean won. Around eight percent of respondents even stated that their real estate assets were worth ten billion South Korean won or more.
Distribution of real estate assets of millionaire households in South Korean in 2020
(in billion South Korean won)
Real estate assets in billion South Korean won
Share of respondents
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*Millionaires are defined here as individuals who conduct transactions with domestic banks and have financial assets of one billion South Korean won or more.
1,000 South Korean won equals 0.83 U.S. dollars or 0.74 euros as of March 2022.
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Hana Institute of Finance. (March 8, 2021). Distribution of real estate assets of millionaire households in South Korean in 2020 (in billion South Korean won) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1296435/south-korea-real-estate-assets-distribution-of-millionaires/
Hana Institute of Finance. "Distribution of real estate assets of millionaire households in South Korean in 2020 (in billion South Korean won)." Chart. March 8, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1296435/south-korea-real-estate-assets-distribution-of-millionaires/
Hana Institute of Finance. (2021). Distribution of real estate assets of millionaire households in South Korean in 2020 (in billion South Korean won). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1296435/south-korea-real-estate-assets-distribution-of-millionaires/
Hana Institute of Finance. "Distribution of Real Estate Assets of Millionaire Households in South Korean in 2020 (in Billion South Korean Won)." Statista, Statista Inc., 8 Mar 2021, https://www.statista.com/statistics/1296435/south-korea-real-estate-assets-distribution-of-millionaires/
Hana Institute of Finance, Distribution of real estate assets of millionaire households in South Korean in 2020 (in billion South Korean won) Statista, https://www.statista.com/statistics/1296435/south-korea-real-estate-assets-distribution-of-millionaires/ (last visited August 25, 2024)
Distribution of real estate assets of millionaire households in South Korean in 2020 (in billion South Korean won) [Graph], Hana Institute of Finance, March 8, 2021. [Online]. Available: https://www.statista.com/statistics/1296435/south-korea-real-estate-assets-distribution-of-millionaires/