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[Monitor] Apartment sales prices mostly below previous highs

By Korea Herald

Published : Oct. 18, 2016 - 16:55

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Sales prices of apartment complexes slated for reconstruction are still soaring in affluent southern Seoul, but recent data showed that only those in Seocho-gu surpassed previous highs, as of this month.

Property consultancy Real Estate 114 released the apartment sales prices of the “Bubble Seven” regions that led the upsurge of real estate prices a decade ago.

The numbers showed that despite the concerns of a real estate bubble, the prices of the apartment complexes were below previous highs, especially those in Gyeonggi Province.

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