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South Korea: House Prices, Rents, and Rental Yields

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Last Updated: May 07, 2009

No 2009 South Korean yields

Last Updated: May 7, 2009
SEOUL1 - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO
BUY		 MONTHLY RENT TO
BUY		 MONTHLY RENT
85 sq. m. n.a. 1,964 n.a. n.a. 23.10
120 sq. m. n.a. 2,365 n.a. n.a. 19.71
160 sq. m. n.a. 3,710 n.a. n.a. 23.19
200 sq. m. n.a. 4,010 n.a. n.a. 20.05
240 sq. m. n.a. 5,234 n.a. n.a. 21.81
SEOUL1 -
Villas
100 sq. m. n.a. 1,992 n.a. n.a. 19.95
200 sq. m. n.a. 3,606 n.a. n.a. 18.03
300 sq. m. n.a. 5,469 n.a. n.a. 18.23
400 sq. m. n.a. 7,876 n.a. n.a. 19.69
Seoul: Kangnam Area, UN Village, Bangbae-dong, and Itaewon-dong
Source: Global Property Guide                    Definitions: Data FAQ                       See also: Update Schedule

We tend to experience difficulties in assessing the buying prices for apartments and villas in Seoul, and this year has been no exception.  Our research suggests that upper-end apartments in central Seoul rent for around US$21.57 per month per square metre (sq. m.), while villas rent for around US$18.98 per month per sq. m.

Because of the difficulty of finding buying prices, we have no gross rental yields figures for Seoul.

 

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