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NEW HIGH-RECORDED REAL ESTATE PRICES in Gangnam, Bundang, and Yeouido

 NEW HIGH-RECORDED REAL ESTATE PRICES in Gangnam, Bundang, and Yeouido

Despite the real estate market slump, reported-price transactions are continuing in Gangnam, Bundang, and Yeouido. These areas, which have many expensive houses, have a high proportion of high-income earners and are relatively less affected by loan regulations, and there is also continued demand to buy a ‘valuable house’ due to concerns about a supply shortage.

Moreover, Bundang, Yeouido, and Mokdong are seeing rising housing prices due to the redevelopment boom. According to an analysis conduct...