Approximately 80% of non-apartment real estate transactions in South Korea involve properties with a size of 85 square meters or less and priced at 400 million won or less. In Seoul, transactions meeting these criteria account for about 65% of the total.
The real estate information platform Dabang reported on August 27 that, based on actual transaction data from the Ministry of Land, Infrastructure and Transport, an analysis of multi-family housing and officetel sales from January to July 2025 and 2026 revealed that out of a total of 87,557 non-apartment transactions nationwide this year, 69,936 transactions, or roughly 80%, fell within the 85㎡ and 400 million won parameters.
By housing type, the total number of multi-family housing transactions nationwide was 62,013, with 48,954 of those transactions meeting the 85㎡ and 400 million won criteria. Compared to the same period last year, the overall transaction volume increased by 8,336, while the number of transactions within the specified criteria rose by 4,278.
In contrast, the total number of officetel transactions nationwide was 25,544, an increase of 1,008 from the previous year, but transactions under 85㎡ and 400 million won decreased by 513 to 20,982.
In Seoul, the trends for multi-family housing and officetels diverged. From January to July this year, the number of multi-family housing transactions in Seoul reached 25,681, an increase of 5,443 from the previous year, with 15,668 transactions under 85㎡ and 400 million won, up by 2,072. Conversely, the total number of officetel transactions in Seoul was 7,858, a decrease of 206, and transactions under 85㎡ and 400 million won fell by 813 to 6,027.
Meanwhile, if the Youth Future Housing Loan is launched as scheduled, there is a possibility of a more pronounced influx of actual demand focused on multi-family housing that meets the price and size requirements.
* This article has been translated by AI.
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