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Property Prices in South Korea
| Index |  |
|---|---|
| Price to Income Ratio: | 15.13 |
| Mortgage as Percentange of Income: | 105.24% |
| Loan Affordability Index: | 0.95 |
| Price to Rent Ratio - City Centre: | 57.54 |
| Price to Rent Ratio - Outside of Centre: | 55.57 |
| Gross Rental Yield (City Centre): | 1.74% |
| Gross Rental Yield (Outside of Centre): | 1.80% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 660,136.81 ₩ | |
| Apartment (1 bedroom) Outside of Centre | 420,855.26 ₩ | |
| Apartment (3 bedrooms) in City Centre | 1,751,724.14 ₩ | |
| Apartment (3 bedrooms) Outside of Centre | 1,063,986.31 ₩ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 934,179.84 ₩ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 560,327.15 ₩ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 2,657,815.04 ₩ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.49 |
These data are based on 448 entries in the past 18 months from 81 different contributors.
Last update: July 2018
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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| Food Prices
| Gas Prices
| Health Care
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| Property Prices
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Property Prices in this country for some cities: Busan, Daegu, Incheon, Jeju, Seoul
We would like to gather more data for: Andong, Anseong-si, Boryeong, Bucheon, Changwon, Cheongju, Chinhae, Chuncheon, Chungju, Dae-dong Gyeongsan-si, Dongducheon, ... Update information for South Korea!