[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, based on data compiled from February 2 to February 6 for residential property transactions in Seoul, a 17th-floor unit at Acro River View Sinbanpo in Jamwon-dong, Seocho-gu (exclusive area 78.48㎡) topped the weekly transaction list at 5 billion KRW.
A detached house in Banpo-dong, Seocho-gu (242.19㎡) was sold for 3.5 billion KRW. A unit at Hyundai 2-4 Cha in Ogeum-dong, Songpa-gu (exclusive area 84.98㎡) was sold for 2.6 billion KRW. A unit at Mok-dong New Town 1 in Mok-dong, Yangcheon-gu (exclusive area 66㎡) was sold for 2.26 billion KRW.
A unit at Seocho 8th Sangji Ritzville in Seocho-dong, Seocho-gu (exclusive area 128.81㎡) was sold for 2.2 billion KRW. A detached house in Jeongneung-dong, Seongbuk-gu (274.71㎡) was sold for 2.02 billion KRW. A unit at Bangbae Art e-Pyeonhansesang 104 in Bangbae-dong, Seocho-gu (exclusive area 113.183㎡) was sold for 1.985 billion KRW. A detached house in Singil-dong, Yeongdeungpo-gu (149.35㎡) was sold for 1.82 billion KRW. A unit at Mok-dong Hyundai 3rd in Sinjeong-dong, Yangcheon-gu (exclusive area 84.77㎡) was sold for 1.8 billion KRW. A unit at Godeok Jugong 9 in Myeongil-dong, Gangdong-gu (exclusive area 83.34㎡) was sold for 1.79 billion KRW.
The sale price of the Acro River View Sinbanpo unit in Jamwon-dong reached approximately 210.72 million KRW per pyeong, significantly exceeding the average apartment price in Seoul of 38.613 million KRW per pyeong reported last year by real estate research firm Real Today. Following this, the house in Banpo-dong was sold at approximately 144.58 million KRW per pyeong, and the Hyundai 2-4 Cha in Ogeum-dong was sold at approximately 108.5 million KRW per pyeong, both recording high transaction prices.
Real estate experts analyze that the increased burden of holding taxes for multi-homeowners is deepening the trend of asset consolidation into a "valuable single home," which is fueling transaction activity. As properties from multi-homeowners aiming to avoid tax disadvantages enter the market, coupled with affluent individuals selling off homes in non-core areas to move to high-value areas in Seoul (so-called "asset parking"), a polarization is becoming evident where transaction volumes and record-breaking prices are rising together, particularly in prime locations in Seoul.
※ This article was written by Biz Hankook and MetaVX's generative AI.