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AI Biz Real Estate
2nd Week of March 2026 Seoul Real Estate Transaction Trends

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 rapid and accurate information on actual transactions of apartments and residential real estate in Seoul over the past week.

According to the Seoul Real Estate Information Plaza, based on data from March 9 to March 13, a 7th-floor unit in Jamsil Jugong Apartment Complex 5 in Jamsil-dong, Songpa-gu (exclusive area 82.61㎡) topped the weekly transaction list at 4.385 billion KRW.

Jamsil Jugong Apartment Complex 5 viewed from the Lotte World Tower Observatory. Based on data from March 9 to March 13, an 82.61㎡ unit in Jamsil Jugong Complex 5 recorded the highest transaction price for the week. Photo by Reporter Park Jung-hoon
Jamsil Jugong Apartment Complex 5 viewed from the Lotte World Tower Observatory. Based on data from March 9 to March 13, an 82.61㎡ unit in Jamsil Jugong Complex 5 recorded the highest transaction price for the week. Photo by Reporter Park Jung-hoon

An 84.82㎡ unit at Lake Palace in Jamsil-dong, Songpa-gu, was sold for 3.25 billion KRW. A 137.36㎡ unit at Hyundai Hyperion Officetel in Mok-dong, Yangcheon-gu, was traded for 3.18 billion KRW. A 172.464㎡ unit at Daelim Acroville in Dogok-dong, Gangnam-gu, was traded for 2.96001 billion KRW. A 133.47㎡ unit at Seocho Xi in Seocho-dong, Seocho-gu, was sold for 2.65 billion KRW.

A 142.034㎡ unit at Mecenatpolis Apartment in Seogyo-dong, Mapo-gu, was traded for 2.49 billion KRW. A 274㎡ housing property in Hwayang-dong, Gwangjin-gu, was traded for 2.4 billion KRW. A 131.17㎡ housing property in Hapjeong-dong, Mapo-gu, was sold for 2.35649 billion KRW. A 48.69㎡ unit at Mok-dong New Town Complex 4 in Mok-dong, Yangcheon-gu, was sold for 2 billion KRW. A 105.541㎡ unit at Seoul One IPARK Apartment in Wolgye-dong, Nowon-gu, was traded for 1.8203 billion KRW.

Source: Seoul Real Estate Information Plaza
Source: Seoul Real Estate Information Plaza

The sale price of Jamsil Jugong Apartment Complex 5 reached approximately 133.41 million KRW per pyeong, significantly exceeding the average Seoul apartment price of 59.259 million KRW per pyeong reported by KB Real Estate last December. Following this, Lake Palace in Jamsil-dong traded at approximately 102.36 million KRW per pyeong, and Hyundai Hyperion in Mok-dong traded at approximately 74.43 million KRW per pyeong, both recording notably high transaction prices.

Experts commented on Jamsil Jugong Complex 5, stating, "Since the entire Seoul area was designated as a land transaction permit zone, buying demand has concentrated further on core complexes in the Gangnam-3 districts, leading to a trend of repeatedly breaking existing record prices." They analyzed, "As a reconstruction complex with high scarcity that also underwent the land transaction permit process, it was traded primarily by actual residents and high-net-worth individuals, which once again led to prices well over 100 million KRW per pyeong."

Regarding this week's top 10 listings, they noted, "It was a week where the preference for 'one smart home' was reaffirmed as capital flowed back into key work-life balance axes and living infrastructure areas like the Gangnam-3 districts, Mok-dong, and Mapo." They added, "In the case of highly scarce complexes and large-scale complexes with proven locations, selective buying by actual residents and wealthy individuals is driving prices rather than policies. While transaction volumes are generally lower than in previous years, the 'polarization market' where top-tier transactions soar to around 100 million KRW per pyeong is distinct, and the trend of strengthening premiums for core locations and quality assets under the current regulatory environment is highly likely to continue for the time being."

※ 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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