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Property Prices in South Korea
| Index |  |
|---|---|
| Price to Income Ratio: | 13.11 |
| Mortgage as Percentange of Income: | 91.15% |
| Loan Affordability Index: | 1.10 |
| Price to Rent Ratio - City Centre: | 48.66 |
| Price to Rent Ratio - Outside of Centre: | 44.92 |
| Gross Rental Yield (City Centre): | 2.06% |
| Gross Rental Yield (Outside of Centre): | 2.23% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 667,265.82 ₩ | |
| Apartment (1 bedroom) Outside of Centre | 422,557.81 ₩ | |
| Apartment (3 bedrooms) in City Centre | 1,606,102.82 ₩ | |
| Apartment (3 bedrooms) Outside of Centre | 1,025,342.33 ₩ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 757,985.24 ₩ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 444,974.47 ₩ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 2,468,743.17 ₩ | |
| Mortgage Interest Rate in Percentages (%), Yearly | 3.49 |
These data are based on 402 entries in the past 18 months from 74 different contributors.
Last update: August 2017
Our data for each country are based on all entries from all cities in that country.
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
More about South Korea:
Cost of Living
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| Health Care
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| Property Prices
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Property Prices in this country for some cities: Bucheon, Busan, Daegu, Incheon, Seoul
We would like to gather more data for: Andong, Anseong-si, Boryeong, Changwon, Cheongju, Chinhae, Chungju, Dae-dong Gyeongsan-si, Dongducheon, Donghae, Gangneung, ... Update information for South Korea!