Property Prices in North Korea

Index Info
Price to Income Ratio: 2.36
Mortgage as Percentage of Income: 16.79%
Loan Affordability Index: 5.96
Price to Rent Ratio - City Centre: 19.02
Price to Rent Ratio - Outside of Centre: 41.56
Gross Rental Yield (City Centre): 5.26%
Gross Rental Yield (Outside of Centre): 2.41%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 350.00 $
Apartment (1 bedroom) Outside of Centre 198.78 $ 198.56-199.00
Apartment (3 bedrooms) in City Centre 4,000.00 $ 2,000.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,900.00 $
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 459.68 $ 371.61-505.76
Price per Square Feet to Buy Apartment Outside of Centre 702.87 $ 278.71-919.45
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 13,257.14 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.75 3.50-4.00

These data are based on 26 entries in the past 18 months from 10 different contributors.
Last update: June 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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