KB Real Estate reports Gangnam-gu apartment prices fell 0.05% for the first time in 11 months, while Seoul's overall apartment market shows slowing growth momentum with buyer sentiment weakening for four consecutive weeks amid continued wait-and-see stance.
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KB Joins Real Estate Board in Reporting First Gangnam-gu Apartment Price Drop in 11 Months
KB Real Estate reports Gangnam-gu apartment prices fell 0.05% for the first time in 11 months, while Seoul's overall apartment market shows slowing growth momentum with buyer sentiment weakening for four consecutive weeks amid continued wait-and-see stance.
South Korea’s Land Minister Kim Yoon-duk said the housing market is stabilizing, with Seoul’s high-end apartment prices falling and nationwide price growth slowing, as the government pledges continued policy support for market normalization.
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Land Minister Kim Yoon-duk Says Housing Market Regaining Rationality
South Korea’s Land Minister Kim Yoon-duk said the housing market is stabilizing, with Seoul’s high-end apartment prices falling and nationwide price growth slowing, as the government pledges continued policy support for market normalization.
President Lee Warns '3 Billion Won per Pyeong for Apartments Is Unsustainable—South Korea Risks a Lost Decade Like Japan' - Yonhap Infomax
President Lee Jae-myung warned that surging apartment prices in Seoul could trigger a Japa
The initial pre-sale rate for private apartments in the Seoul metropolitan area plunged to a record low of 60% in Q4 2025, as rising prices and an increase in less desirable units dampened demand, according to Housing and Urban Guarantee Corporation data.
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'Supply Shortage?'—Seoul Metropolitan Area Private Apartment Pre-Sale Rate Hits Record Low
The initial pre-sale rate for private apartments in the Seoul metropolitan area plunged to a record low of 60% in Q4 2025, as rising prices and an increase in less desirable units dampened demand, according to Housing and Urban Guarantee Corporation data.
Apartment Price Trends Shift from Last Year—Yongin Suji Leads, Followed by Bundang, Dongjak, and Anyang
Apartment prices in Seoul and the metropolitan area are rising fastest in Yongin Suji, Bundang, Dongjak, and Anyang, as buyers shift to large complexes with strong transport links amid tighter lending rules.
Yongin's Suji District leads the Seoul metropolitan area in apartment price growth, driven by regulatory dynamics and anticipated SK hynix performance bonuses, as buyers seek affordable homes near major tech employers.
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The Paradox of Regulation and Performance Bonuses Fuel Real Estate Surge in Yongin's Suji District
Yongin's Suji District leads the Seoul metropolitan area in apartment price growth, driven by regulatory dynamics and anticipated SK hynix performance bonuses, as buyers seek affordable homes near major tech employers.
Expiration of Capital Gains Tax Relief for Multiple Homeowners Nears—Market Braces for 'Supply Lock-In' Rather Than Surge in Listings
South Korea's capital gains tax relief for multiple homeowners ends in May, with analysts expecting a deepening supply lock-in and continued apartment price gains rather than a surge in property listings.
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.
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