Apartment complexes around the Han River in Seoul
The average apartment price in Seoul has exceeded 900 million won.
This is not a private statistical agency, but based on the statistics of the Korea Real Estate Agency, which aggregates government statistics.
According to the Korea Real Estate Agency, the average price of apartments in Seoul last month was 93.8 million won.
Until January, it was in the second half of 800 million won, but last month it exceeded 900 million won with an increase of 6.67 million won and 0.67%.
Seoul city apartments
Private statistics already surpassed 900 million two years ago
The apartment price of 900 million won is the standard for classifying high-priced housing and general housing in tax laws and loans.
Houses with more than 900 million won are subject to regulations such as reducing the loan limit.
According to government statistics, it exceeded 900 million won this year, but according to data from private research institutes, the average value of apartments in Seoul exceeded 900 million won two years ago.
Real Estate 114 reported that the average value of real estate 114 exceeded 900 million won in July 2019, and KB Kookmin Bank, a private market research firm, also announced that it exceeded 900 million won in March last year.
Apartment complex around Kintex, Ilsan, Goyang-si, Gyeonggi-do [자료사진]
The national average is 400 million won, the upper half of the metropolitan area is 500 million won.
On the other hand, according to statistics from the Korea Real Estate Agency, the average apartment price nationwide last month was 466.68 million won, and the metropolitan area was 575 million won.
Among the metropolitan areas, Gyeonggi-do was found to be 445.54 million won, which is higher than Incheon 343 million won.
The average selling price of comprehensive housing including detached, multi-family, multi-family, and row houses is KRW 718.85 million in Seoul, KRW 387.4 million in Gyeonggi, and KRW 274.1 million in Incheon.