When asked which type of real estate investment contributed the most to their wealth expansion in a survey conducted among wealthy people in South Korea in 2022, almost 30 percent of respondents answered that small and medium-sized apartments contributed the most. Small and medium-sized apartments are considered apartments that are less than 40 pyeong, or around 132 square meters.
Popular real estate investments for wealth expansion in South Korea as of December 2022, by type
those holding more than one billion South Korean won in financial companies
Method of interview
Face-to-face interview, online survey
Supplementary notes
Small to medium-sized apartments and villas are considered to be less than 40 pyeong and large apartments and villas larger than 40 pyeong.
1,000 South Korean won equals 0.75 U.S. dollars or 0.69 euro as of February 2024.
One pyeong is equivalent to approximately 3.3 square meters.
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Hana Institute of Finance. (April 9, 2023). Popular real estate investments for wealth expansion in South Korea as of December 2022, by type [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1449720/south-korea-popular-real-estate-investments-by-type/
Hana Institute of Finance. "Popular real estate investments for wealth expansion in South Korea as of December 2022, by type." Chart. April 9, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1449720/south-korea-popular-real-estate-investments-by-type/
Hana Institute of Finance. (2023). Popular real estate investments for wealth expansion in South Korea as of December 2022, by type. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1449720/south-korea-popular-real-estate-investments-by-type/
Hana Institute of Finance. "Popular Real Estate Investments for Wealth Expansion in South Korea as of December 2022, by Type." Statista, Statista Inc., 9 Apr 2023, https://www.statista.com/statistics/1449720/south-korea-popular-real-estate-investments-by-type/
Hana Institute of Finance, Popular real estate investments for wealth expansion in South Korea as of December 2022, by type Statista, https://www.statista.com/statistics/1449720/south-korea-popular-real-estate-investments-by-type/ (last visited November 21, 2024)
Popular real estate investments for wealth expansion in South Korea as of December 2022, by type [Graph], Hana Institute of Finance, April 9, 2023. [Online]. Available: https://www.statista.com/statistics/1449720/south-korea-popular-real-estate-investments-by-type/
