Gangnam apartments quite expensive (+ Seoul housing prices)
|This piece of news or something in Chosun quotes a survey done by a real estate information company (is it any different from a real estate agency?), which compares apartment prices in Gangnam, Seoul to prices in Manhattan and finds out that compared to the gross national income (GNI) per capita, Gangnam is twice as expensive as Manhattan. (Can't tell how it'd be if the incomes of those two locations were compared.) |
(Helsinki housing prices in the first quarter of 2004 just for my own comparison.)
Here's a table on recent apartment prices picked from another real estate site; it should show the average size of an apartment and its price, the average price per p'yông (pyeong) (3.3 sqm), and price chance since the previous week.
2004.07.16기준(1주전 대비) (단위:만원)
I don't know where the difference in the average between this table the date quoted above comes. Gwanak-gu is emphasized in bold because that's my own area in Seoul. It's placed higher in the table than I thought, but the high placement compared to the older image of the area and to the most likely lower comparative prices of the other kind of housing means that the apartment housing constructed there recently has been quite high-level. (If interested in what the construction in Bongcheon-dong in Gwanak-gu has looked like, see the pics in this older post of mine).
Categories at del.icio.us/hunjang: housing ∙ money ∙ neighborhood ∙ cities ∙ stratification ∙ Korea-Finland