South Korea
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Price/Rent Ratio - Rent Years to Buy 120 Sq.M. Property - South Korea Compared to Continent
| Indonesia |
9 yrs
|
| Philippines |
9 yrs
|
| Vietnam |
11 yrs
|
| Malaysia |
11 yrs
|
| Thailand |
13 yrs
|
| Cambodia |
20 yrs
|
| Japan |
21 yrs
|
| China |
23 yrs
|
| India |
25 yrs
|
| Singapore |
25 yrs
|
| Hong Kong |
27 yrs
|
| Taiwan |
42 yrs
|
South Korea: Price/rent ratio
This ratio is typically used for measuring undervaluation/overvaluation of real estate prices, calculated by dividing the gross rental yield by 100 – so the higher the yield, the lower the price/rent ratio.
When wereas theise data collected? Click on individual countries to see the data collection date.
South Korea has good house price statistics. The Kookmin Bank releases a monthly house price index. Good sources of economics statistics are the Korea National Statistical Office (KNSO) and the Bank of Korea.
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