NUMBEO

Property Prices in South Korea

Index Info
Price to Income Ratio: 13.82
Mortgage as Percentange of Income: 95.48%
Loan Affordability Index: 1.05
Price to Rent Ratio - City Centre: 55.75
Price to Rent Ratio - Outside of Centre: 46.09
Gross Rental Yield (City Centre): 1.79%
Gross Rental Yield (Outside of Centre): 2.17%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 641,823.86 ₩ 400,000.00-1,100,000.00
Apartment (1 bedroom) Outside of Centre 419,429.83 ₩ 270,000.00-700,000.00
Apartment (3 bedrooms) in City Centre 1,441,012.82 ₩ 800,000.00-3,000,000.00
Apartment (3 bedrooms) Outside of Centre 951,086.96 ₩ 550,000.00-1,600,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 806,010.27 ₩ 464,511.33-1,672,240.80
Price per Square Feet to Buy Apartment Outside of Centre 437,653.02 ₩ 235,680.92-929,022.67
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,421,889.64 ₩
Mortgage Interest Rate in Percentages (%), Yearly 3.42 3.00-4.00

These data are based on 379 entries in the past 18 months from 70 different contributors.
Last update: June 2017
Our data for each country are based on all entries from all cities in that country.

Sources and References: Info
No sources and references provided yet.
Add new source here:
URL:
Description:
More about South Korea: Cost of Living | Crime | Climate | Food Prices | Gas Prices | Health Care | Pollution | Property Prices | Quality of Life | Taxi Fare | Traffic

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!