[비즈한국] BizHankook uses artificial intelligence to provide fast and accurate information on actual transactions of apartments and residential properties in Seoul on a weekly basis.
Looking at the actual transaction trends in the Seoul real estate market, high-priced residential properties are being traded actively. According to the Seoul Open Data Plaza’s real estate transaction information, a 143.98㎡ (approx. 43 pyeong) residential property in Bogwang-dong, Yongsan-gu, was sold for 4.1 billion won on July 2.
On the same day, a 106.78㎡ unit at Raemian Dogok County in Dogok-dong, Gangnam-gu, was traded for 3.9 billion won. On July 4, a 78.774㎡ unit at Gaepo Xi Residence in Gaepo-dong, Gangnam-gu, sold for 3.66 billion won. Following this, a 84.794㎡ unit at Raemian Prestige in Gaepo-dong, Gangnam-gu, was traded for 3.6 billion won, and on July 3, a 84.99㎡ unit at Ricenz in Jamsil-dong, Songpa-gu, sold for 3.39 billion won. A 101.2㎡ unit at Mok-dong New Town Complex 7 in Mok-dong, Yangcheon-gu, was also traded for 3.3 billion won.
The transaction price for the aforementioned Bogwang-dong property was approximately 93.31 million won per pyeong, significantly exceeding the average Seoul apartment price of 38.613 million won per pyeong reported by real estate research firm Real Today last year. Furthermore, the Raemian Dogok County unit traded at approximately 113.97 million won per pyeong, and the Gaepo Xi Residence unit traded at approximately 149.48 million won per pyeong, demonstrating exceptionally high transaction prices.
Experts analyzed, "Centered around the Gangnam area where high-priced apartment transactions are concentrated, the real estate market in core areas of Seoul continues to be supported by robust demand and scarcity." In particular, high-priced complexes in the so-called 'Gangnam 3-gu' (Gangnam, Seocho, Songpa) are seeing a steady rise in transaction prices due to expectations of deregulation and development factors such as remodeling and reconstruction projects.
This week, high-priced residential properties took the 1st and 8th spots, respectively, proving the consistent demand for luxury housing and showcasing their market influence.
Meanwhile, there is also advice that since short-term trends in the real estate market can fluctuate based on the scarcity of listings and market sentiment, careful consideration is necessary when making investment and purchase decisions.
※ This article was written by BizHankook and MetaVX's generative AI.