South Korea's April apartment presales are set to surge to 47,062 units, more than doubling year-over-year, driven by peak season demand and pre-election supply rush, though high prices and loan restrictions may create market uncertainties and potential schedule adjustments.
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April Nationwide Apartment Presales Surge to 47,062 Units, More Than Double Year-Over-Year
South Korea's April apartment presales are set to surge to 47,062 units, more than doubling year-over-year, driven by peak season demand and pre-election supply rush, though high prices and loan restrictions may create market uncertainties and potential schedule adjustments.
Seoul Apartment Prices Rise 0.28%—Supply of Listings Expected to Increase
Seoul apartment prices rose 0.28% in early February, with nationwide gains accelerating and property listings expected to increase as tax policy changes loom.
Average sales prices for redeveloped apartments in Seoul’s Gangnam District surpassed 1 billion won per pyeong for the first time in 2025, driven by robust investment demand and accelerated redevelopment, according to Real Estate R114.
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Average Price of Redeveloped Apartments in Seoul’s Gangnam District Surpasses 1 Billion Won per 3.3㎡ for First Time
Average sales prices for redeveloped apartments in Seoul’s Gangnam District surpassed 1 billion won per pyeong for the first time in 2025, driven by robust investment demand and accelerated redevelopment, according to Real Estate R114.
Real Estate R114 – Seoul Weekly Apartment Sale Prices Fall 0.07% as Jeonse Rises 0.16%
Seoul apartment sale prices reversed to a 0.07% decline in early January, while jeonse rental prices rose 0.16%, according to Real Estate R114, reflecting seasonal market shifts.
Seoul's apartment sales market capitalization hit a record 1,832 trillion won ($1.41 trillion) at the end of last year, led by high-value districts like Gangnam, as demand for new builds and AI-driven price analysis fuel continued growth.
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Seoul Apartment Market Capitalization Hits Record High of 1,832 Trillion Won at End of Last Year
Seoul's apartment sales market capitalization hit a record 1,832 trillion won ($1.41 trillion) at the end of last year, led by high-value districts like Gangnam, as demand for new builds and AI-driven price analysis fuel continued growth.
South Korea is set to supply nearly 187,525 private apartments nationwide in 2025, with 58% concentrated in the Seoul metropolitan area, signaling continued regional supply imbalance and a stable market landing.
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Nearly 187,525 Private Apartments to Be Offered Nationwide Next Year—58% Concentrated in Greater Seoul Area
South Korea is set to supply nearly 187,525 private apartments nationwide in 2025, with 58% concentrated in the Seoul metropolitan area, signaling continued regional supply imbalance and a stable market landing.
GS Engineering & Construction's Xi Tops Nationwide Apartment Supply in 2024
GS Engineering & Construction's Xi brand leads South Korea's 2024 apartment supply, accounting for 10% of new units, with flagship complexes setting record prices in key regions.
Seoul’s apartment subscription competition rate surged to a four-year high of 146.64 to 1 in 2025, 32 times higher than non-metropolitan areas, as nationwide rates fell to single digits, highlighting deepening market polarization.
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1 in 2 Koreans Expect Home Prices to Rise in First Half of Next Year
More than half of South Koreans expect home prices to rise in the first half of 2026, marking the highest bullish sentiment in five years, according to a Real Estate R114 survey.
Seoul Metropolitan Area Apartment Supply to Drop 20% in 2025, Hitting 110,000 Units
South Korea's Seoul metropolitan area is set to see new apartment supply fall 20% to 110,000 units in 2025, with the nationwide total also dropping sharply, signaling a continued supply gap in the housing market.
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