As of April 2023, Seoul had the highest per unit jeonse price for office spaces with an average of around 6.22 million South Korean won. This was approximately 1.7 million won higher than the nationwide average. Jeonse is a unique housing leasing system in South Korea where a large sum is paid upfront to the landlord for an agreed rental period usually lasting two years. The deposit is returned to the tenants at the end of this contract.
Average jeonse price for office spaces in South Korea as of April 2023, by region
(in million South Korean won)
Characteristic
Average jeonse price per unit in million South Korean won
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Korea Real Estate Board. (May 17, 2023). Average jeonse price for office spaces in South Korea as of April 2023, by region (in million South Korean won) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1385256/south-korea-average-office-jeonse-price-by-region/
Korea Real Estate Board. "Average jeonse price for office spaces in South Korea as of April 2023, by region (in million South Korean won)." Chart. May 17, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1385256/south-korea-average-office-jeonse-price-by-region/
Korea Real Estate Board. (2023). Average jeonse price for office spaces in South Korea as of April 2023, by region (in million South Korean won). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1385256/south-korea-average-office-jeonse-price-by-region/
Korea Real Estate Board. "Average Jeonse Price for Office Spaces in South Korea as of April 2023, by Region (in Million South Korean Won)." Statista, Statista Inc., 17 May 2023, https://www.statista.com/statistics/1385256/south-korea-average-office-jeonse-price-by-region/
Korea Real Estate Board, Average jeonse price for office spaces in South Korea as of April 2023, by region (in million South Korean won) Statista, https://www.statista.com/statistics/1385256/south-korea-average-office-jeonse-price-by-region/ (last visited November 05, 2024)
Average jeonse price for office spaces in South Korea as of April 2023, by region (in million South Korean won) [Graph], Korea Real Estate Board, May 17, 2023. [Online]. Available: https://www.statista.com/statistics/1385256/south-korea-average-office-jeonse-price-by-region/
