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🏢 Apartment Analysis

Analysis of Apartment Sale, Jeonse, and Rental Prices in Seoul with District-level Comparison

💰 Key Insights — Sales Price

  • Gangnam 3 Districts (Gangnam, Seocho, Songpa) consistently show the highest average sales prices, often 2–3× the city average.
  • Significant price gap between the northern (Gangbuk) and southern (Gangnam) areas of the Han River.
  • Districts near major business hubs and subway lines command premium prices due to accessibility.
  • Recent new construction in Mapo, Yongsan, and Dongjak has driven notable price increases.

Source: Korea Real Estate Board (REB) | Last updated: December 2025

🏠 Key Insights — Jeonse Deposit

  • Jeonse-to-sales price ratio varies significantly: lower in premium districts (40–50%) and higher in affordable areas (60–70%).
  • Districts with strong demand from young professionals such as Mapo, Seodaemun, and Gwanak show elevated Jeonse prices.
  • The Gangnam cluster leads in absolute Jeonse deposits.
  • Rising interest rates have caused a shift from Jeonse to monthly rent.

Source: Korea Real Estate Board (REB) | Last updated: December 2025

📋 Key Insights — Rental Price

  • Monthly rental prices are highest in Gangnam, Seocho, and Yongsan.
  • University districts such as Gwanak and Seodaemun show high rental demand.
  • The rental market has expanded as tenants move away from large Jeonse deposits.
  • Newer developments with premium amenities command 20–30% rental premiums.

Source: Korea Real Estate Board (REB) | Last updated: December 2025

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