SEOUL — The studio apartment Choi Soul recently scored might have the cheapest monthly rent in Seoul: 10,000 won, or about $7. “After I got the text message informing me I got it, I stared at it over ...
The average monthly rent for apartments in Seoul has reached a record high of 1.44 million won, breaking previous records. With the supply of jeonse (lump-sum deposit leases) decreasing, government ...
Apartment sale prices in Seoul and the metropolitan area continue to show a slight upward trend. According to Real Estate R114 on the 16th, due to the government's comprehensive loan regulations, the ...
As the shift from jeonse to monthly rent accelerates, the apartment monthly rent growth rate in the greater Seoul area hit the highest level since then since statistics began in 2016. Graphic = Jung ...
ChosunBiz conducted a "real estate market outlook" survey of 20 real estate experts to mark 2026. Ahead of major political events such as the June local elections in the byeongo year, experts expected ...
The Chosun Ilbo on MSN
Seoul new jeonse contracts surge 10% amid renewal contract illusion
Last year, the prices of new jeonse contracts for apartments in Seoul rose by over 10% compared to the previous year. While ...
The Chosun Ilbo on MSN
Seoul's jeonse-to-monthly rent conversions hit record high
Last year, the number of jeonse leases converted to monthly rents in Seoul’s apartment rental market reached an all-time high. This trend accelerated naturally as landlords increasingly preferred ...
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