The cost of apartment rentals in Seoul was up by a significant amount in the last year. Prices for apartments in certain urban areas increased by more than 30% in just a couple of months. This forced many families to abandon plans to purchase apartments in Seoul. What is behind this price hike? The answer is easy. Because of its capability to offer excellent investment opportunities for local business owners, the Korean Real Estate Market has become extremely robust.
The cost of apartment rentals in Seoul was up by a significant amount in the last year. Prices for apartments in certain urban areas increased by more than 30% in just a couple of months. This forced many families to abandon plans to purchase apartments in Seoul. What is behind this price hike? The answer is easy. Because of its capability to offer excellent investment opportunities for local business owners, the Korean Real Estate Market has become extremely robust.