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Seoul Real Estate Transaction Trends - 4th Week of January 2026

This article was automatically translated by AI. There may be errors compared to the original Korean article.  Read original in Korean →

[비즈한국] Using artificial intelligence, we deliver quick and accurate information on real estate transactions for apartments and residential properties in Seoul over the past week.

According to the Seoul Real Estate Information Plaza, the total transaction prices for residential properties in Seoul from January 19 to January 25 were aggregated. A 3rd-floor unit (exclusive area 82.51㎡) at Jamsil Jugong Apartment Complex 5 in Jamsil-dong, Songpa-gu, topped the weekly transaction list, selling for 4.575 billion won.

A view of Jamsil Jugong Apartment Complex 5 in Songpa-gu, Seoul. From January 19 to January 25, a 3rd-floor unit with an exclusive area of 82.51㎡ in Jamsil Jugong Apartment Complex 5 was sold for 4.575 billion won, recording the highest weekly price. Photo = Reporter Park Jung-hoon
A view of Jamsil Jugong Apartment Complex 5 in Songpa-gu, Seoul. From January 19 to January 25, a 3rd-floor unit with an exclusive area of 82.51㎡ in Jamsil Jugong Apartment Complex 5 was sold for 4.575 billion won, recording the highest weekly price. Photo = Reporter Park Jung-hoon

A unit with an exclusive area of 121.63㎡ at Parkrio Apartment in Sincheon-dong, Songpa-gu, was sold for 3.715 billion won. This was followed by a unit with an exclusive area of 84.8㎡ at Jamsil El's Apartment in Jamsil-dong, Songpa-gu, which traded for 3.49 billion won. A unit with an exclusive area of 84.9㎡ at Parkrio Apartment in Sincheon-dong was contracted for 3.05 billion won.

A residential property with an area of 640.65㎡ in Bongcheon-dong, Gwanak-gu, sold for 2.58 billion won. In Mapo-gu, a unit with an exclusive area of 59.877㎡ at Mapo Prestige Xi Apartment in Yeomni-dong traded for 2.4 billion won. A unit with an exclusive area of 84.98㎡ at Dangsan Central I-Park in Dangsan-dong 5-ga, Yeongdeungpo-gu, sold for the same price. A unit with an exclusive area of 111.535㎡ at Songpa Wirye Richensia in Geoyeo-dong, Songpa-gu, traded for 2.27 billion won.

A residential property of 201.48㎡ in Hwayang-dong, Gwangjin-gu, and a unit with an exclusive area of 65.34㎡ at Mok-dong New Town Complex 1 in Mok-dong, Yangcheon-gu, were both contracted for 2.2 billion won. Previously, the transaction price per pyeong for Jamsil Jugong Apartment Complex 5 reached approximately 183.17 million won, significantly exceeding the average Seoul apartment transaction price of 38.613 million won per pyeong recorded last year by real estate research firm Real Today. Following this, Parkrio in Sincheon-dong and Jamsil El's in Jamsil-dong also recorded high transaction prices, trading at approximately 110.62 million won and 136.39 million won per pyeong, respectively.

Source = Seoul Real Estate Information Plaza
Source = Seoul Real Estate Information Plaza

Although Jamsil Jugong Apartment Complex 5 is an aging complex built in 1978, it is considered a prime redevelopment target for both investors and homebuyers, as it is slated to be transformed into a massive, state-of-the-art new complex with up to 65 floors and over 6,000 households. With the reconstruction association having recently completed the application for project implementation authorization, the project is now officially underway. It is analyzed that the price of the 82㎡ unit rose to the low 4.5 billion won range due to a surge in investment demand seeking both membership rights during the redevelopment process and short-term capital gains.

Parkrio Apartment is a large complex built in the mid-2000s in Sincheon-dong, Songpa-gu. Its strengths lie in being a luxury residential complex with both Han River views and high accessibility, located near the Jamsil ferry terminal. In particular, large-sized units of over 100㎡ are considered relatively rare in the Jamsil area. Experts assessed that the premium on large-sized units in the Gangnam area has become more pronounced, with 121㎡ units recently trading in the 3.7 billion won range amid expectations for reconstruction and remodeling.

Jamsil El's Apartment is a 7,000-household complex completed in 2008. As a representative Han River-view complex located adjacent to the river, it offers both excellent views and convenient access to the city center. Given that its internal design and community facilities are relatively well-equipped, it attracts a high proportion of real-use buyers. Analysts believe the recent resurgence in demand for luxury complexes in the Gangnam area has pushed prices toward the upper end, as evidenced by 84.8㎡ units trading in the 3.4 billion won range.

Real estate experts explained, "Songpa-gu is a region that consistently attracts demand due to its well-established transportation and living infrastructure centered around Jamsil," adding, "In particular, Jamsil apartments are valued for their high rarity and potential for long-term asset preservation."

※ This article was written by Bizhankook and MetaVX's generative AI.

This article was automatically translated by AI. There may be errors compared to the original Korean article.
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