The average monthly rent for a one-room apartment in Seoul shot up by 40,000 won ($30) in May from the previous month — the sharpest rise this year — as prices for even the city’s most modest homes ...
The average monthly rent paid by apartment tenants in Seoul this year has surpassed 1 million KRW. Among these, one-third of all monthly rent transactions are high-priced rents exceeding 1 million KRW ...
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 ...
The monthly rent for "rooms" mainly inhabited by the most financially struggling groups in Seoul has increased by more than 13% over the past five years. During the same period, the monthly rent ...
Kim, a 31-year-old office worker in Seoul, says she recently moved into a goshiwon near her workplace because she could not ...
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Seoul Monthly Rent Rises Fastest in Decade
This year, Seoul’s monthly rent price increase rate recorded the highest level in 10 years since statistics began in 2016. As the pace of converting jeonse to monthly rent accelerates, the upward ...
Since lending rules were tightened, the “shift from jeonse to monthly rent” has been accelerating. With the fallout from jeonse fraud continuing, a drop in jeonse listings and tougher loan regulations ...
In the aftermath of the government's loan regulation, the rate of monthly rent of jeonse is accelerating in Seoul. The burden of housing for ordinary people is increasing as the monthly rent of ...
The monthly rental price of one-room studio apartments in Seoul was highest in December and lowest in April last year, according to data released by South Korea’s real estate and housing listing site ...
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