Housing prices through the roof in Seoul, Busan
Published: 03 Jun. 2024, 18:11
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- KIM JU-YEON
- kim.juyeon2@joongang.co.kr
![Apartments in Seoul undergoing reconstruction on Monday. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2024/06/03/4fcb98fd-ebb5-491e-91a8-ef88b6d0e2d5.jpg)
Apartments in Seoul undergoing reconstruction on Monday. [YONHAP]
Pictured are apartments in Seoul undergoing reconstruction on Monday.
Housing prices are at a record high in six of Korea's 17 metropolitan municipalities including Seoul and Busan, according to data from Woori Bank's asset management consulting center published Monday. A house buyer on average would need to pay 100 million won ($72,500) for every 3.3 square meters (35.5 square feet) in Seoul, or 60 million won for 3.3 square meters in Busan.
with the Korea JoongAng Daily
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