Property Prices in South Korea

Index Info
Price to Income Ratio: 17.04
Mortgage as Percentange of Income: 118.60%
Loan Affordability Index: 0.84
Price to Rent Ratio - City Centre: 72.17
Price to Rent Ratio - Outside of Centre: 59.27
Gross Rental Yield (City Centre): 1.39%
Gross Rental Yield (Outside of Centre): 1.69%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 636,373.13 ₩ 400,000.00-1,100,000.00
Apartment (1 bedroom) Outside of Centre 426,694.92 ₩ 300,000.00-700,000.00
Apartment (3 bedrooms) in City Centre 1,651,584.00 ₩ 900,000.00-3,000,000.00
Apartment (3 bedrooms) Outside of Centre 997,507.40 ₩ 600,000.00-1,600,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 1,115,954.00 ₩ 464,511.33-2,043,849.87
Price per Square Feet to Buy Apartment Outside of Centre 581,542.23 ₩ 278,706.80-929,022.67
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,680,921.31 ₩
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 3.00-4.50

These data are based on 411 entries in the past 18 months from 67 different contributors.
Last update: July 2019
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:
This page in other languages:

DeutschImmobilienpreise in Südkorea
PortuguêsPreços de Imóveis na Coréia do Sul
ItalianoPrezzi delle proprietà immobiliari in Corea del Sud
FrançaisPrix de l'immobilier en Corée du Sud
EspañolPrecios de Inmuebles en Corea del Sur

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: Busan, Chuncheon, Daegu, Incheon, Seoul, Ulsan

We would like to gather more data for: Andong, Ansan, Anseong-si, Boryeong, Bucheon, Changwon, Cheongju, Chinhae, Chungju, Dae-dong Gyeongsan-si, Dongducheon, ... Update information for South Korea!