South Korea

South Korean property investment markets to remain subdued till year-end

Investors are still highly selective.

1 day ago

South Korean property investment markets to remain subdued till year-end

Investors are still highly selective.

1 day ago

Seoul adds over 1,000 new hotel rooms in H1

This includes a luxury project with more than 600 rooms.

Seoul shopping mall rents inch up 0.8% in Q2

High street rents also slightly increased by 0.6%.

Seoul industrial vacancy rate rises for the sixth consecutive quarter

Vacancy stood at 16.0% in Q2.

Seoul’s Grade A office vacancy rises for the first time since 2021

The vacancy rate grew by 94 bps to 2.0% in Q2.

Seoul’s hotel supply pipeline concentrated in provincial markets

Around 3,000 new hotel keys are expected to be added this year.

Seoul industrial vacancy rate hits 5-year high of 12.6% in Q1

This is the highest vacancy rate since 2018.

Seoul’s Grade A office vacancy now at an all-time low of 1.1%

The vacancy rate has been steadily decreasing since 2021.

Why Seoul’s office transaction volumes crashed in Q1

The city’s KRW989.5b transaction in Q1 is a mere 26% of the volumes recorded the previous year.

Seoul prime office rents record highest increase since 2008

Face rents grew 8.1% in the first quarter of 2023.

Here’s what to expect from Seoul’s office property sector this year

Find out which projects are slated for completion.

Net absorption in Seoul CBD’s office sector falls for the first time since 2021

It stood at -2,700sqm in Q1 2023.

Seoul office net absorption still on a positive streak for 11 consecutive quarters

The city’s Q4 net absorption was at 14,800 pyeong.

Seoul’s Q4 industrial vacancy rate at its highest since 2020

The vacancy rate was at 8.2%.

Myeongdong retail vacancy rate surges to 42.1% as Zara exits

Vacancy rates in Seoul increased during Q3.

Why there is limited hotel supply growth in Seoul

Most of the new supply is slated to enter destinations such as Busan and Jeju.

Seoul office vacancy rate hits 13-year low of 2.5% in Q3

This is the lowest recorded vacancy rate since Q2 2009.