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AI Biz Real Estate
Seoul Real Estate Transaction Trends for the 4th Week of March 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 provide rapid and accurate information on actual transactions of apartments and residential real estate in Seoul over the past week.

In the Seoul residential real estate market, ultra-high-end apartments, homes in the Gangnam area, and major reconstruction complexes dominated the top transaction list. According to the Seoul Real Estate Information Plaza, among transactions recorded from March 23 to March 27, a 4th-floor unit at Nine One Hannam in Hannam-dong, Yongsan-gu, with a dedicated area of 244.35㎡, was sold for 15.65 billion KRW, marking the highest price for this week.

A view of Nine One Hannam in Hannam-dong, Yongsan-gu, which took the top spot for weekly actual transaction prices based on the results from March 23 to March 27. Photo = Reporter Lim Jun-seon
A view of Nine One Hannam in Hannam-dong, Yongsan-gu, which took the top spot for weekly actual transaction prices based on the results from March 23 to March 27. Photo = Reporter Lim Jun-seon

A residential property in Yeoksam-dong, Gangnam-gu, with an area of 319.77㎡, was sold for 8.45 billion KRW. A 28th-floor unit at Cheongdam Xi in Cheongdam-dong, Gangnam-gu, with a dedicated area of 89.36㎡, was sold for 4.475 billion KRW.

A 30th-floor unit at Jamsil Raemian I-Park in Sincheon-dong, Songpa-gu, with a dedicated area of 84.96㎡, was sold for 4.12 billion KRW. Following this, a 32nd-floor unit at Parkrio in the same neighborhood of Sincheon-dong, with a dedicated area of 84.90㎡, was traded for 2.9 billion KRW.

A 2nd-floor unit at Hyundai Villa in Samseong-dong, Gangnam-gu, with a dedicated area of 84.35㎡, was sold for 2.7 billion KRW on March 24, and another identical transaction at the same price was confirmed on the same day.

Additionally, a 60.96㎡ unit at Sibeom Apartment in Yeouido-dong, Yeongdeungpo-gu, was traded for 2.5 billion KRW, and a 142.90㎡ unit at Yongsan The Prime in Wonhyoro 1-ga, Yongsan-gu, changed hands for 2.44 billion KRW. A 274.00㎡ residential property in Hwayang-dong, Gwangjin-gu, was sold for 2.4 billion KRW.

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

The transaction price of Nine One Hannam in Hannam-dong reached approximately 211.73 million KRW per pyeong, significantly exceeding the average apartment price per pyeong in Seoul of 59.259 million KRW reported by KB Real Estate last December. Subsequently, the Yeoksam-dong residence was traded at approximately 87.36 million KRW per pyeong, and Cheongdam Xi in Cheongdam-dong was traded at approximately 165.56 million KRW per pyeong, both showing high price points.

For the 4th week of March, high-priced transactions were once again concentrated in key areas of Seoul, with a shared trend of demand flocking to large-sized units and iconic residential locations. Real estate experts explained that in prime locations, the combination of preferred living environments, limited supply, and expectations for asset value preservation leads to a continuous trend of high-priced transactions. They added that residential properties in iconic complexes, rare large-sized units, or areas with excellent access to central business districts have a distinct demographic of demand, resulting in relatively strong price resilience.

※ 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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