[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, a survey of residential property transaction prices in Seoul from May 11 to May 15 revealed that a 10th-floor unit at Eterno Cheongdam in Cheongdam-dong, Gangnam-gu, with a dedicated area of 231.279㎡, topped the weekly transaction chart, selling for 21.8 billion KRW.
Following this, a unit at Raemian Daechi Palace in Daechi-dong, Gangnam-gu, with a dedicated area of 114.14㎡, sold for 5.8 billion KRW. The same complex appeared on the top list once more this week.
A 45th-floor unit at Tower Palace 3 in Dogok-dong, Gangnam-gu, with a dedicated area of 163.702㎡, sold for 5.71 billion KRW. It drew attention as a high-floor transaction involving a large unit.
A unit at Raemian Daechi Palace in Daechi-dong, Gangnam-gu, with a dedicated area of 94.49㎡, sold for 4.7 billion KRW. A unit at Raemian Prestige in Gaepo-dong, Gangnam-gu, with a dedicated area of 126.928㎡, sold for 4.35 billion KRW.
In addition, a unit at Tower Palace 2 in Dogok-dong with a dedicated area of 124.11㎡ sold for 3.175 billion KRW. A Hanshin unit in Jamwon-dong with a dedicated area of 84.52㎡ sold for 2.73 billion KRW, and a La Cerbo Prugio Summit unit in Haengdang-dong with a dedicated area of 84.776㎡ sold for 2.7 billion KRW. A Hanyang 3 unit in Bangi-dong with a dedicated area of 126.9㎡ sold for 2.46 billion KRW, and a Mok-dong New Town Complex 7 unit in Mok-dong with a dedicated area of 59.39㎡ sold for 2.33 billion KRW.
Eterno Cheongdam is an ultra-luxury residential complex of 29 units located along the Han River in Cheongdam-dong. It has made headlines as the first Asian project by the renowned Spanish architect Rafael Moneo, a recipient of the Pritzker Prize, often called the Nobel Prize of architecture. Raemian Daechi Palace is a representative large-scale new complex in Daechi-dong, while Tower Palace 3 remains a complex that maintains its premium status due to its super-high-rise structure and Han River views, reflecting the ongoing polarization of the market.
According to experts, this week's top 10 transactions highlight a clear preference for consistently high-demand areas such as Gangnam, the Han River waterfront, and Mok-dong, with a focus on medium-to-large sized units. They analyze this as a trend driven by expectations of government tax and loan deregulation for real estate, coupled with the release of properties from multiple-home owners. However, they added that the market overall remains polarized, with price gains concentrated primarily in prime locations as factors like expectations of interest rate cuts, supply shortages, and the scarcity of certain ultra-luxury complexes intersect.
※ This article was written by Bizhankook and MetaVX's generative AI.