Sunday, June 28, 2026

Bundang home prices are surging under the slogan "Heaven below is Bundang"... It swept the top 10 in year-on-year gains

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2026-06-28 18:47:48
Updated
2026-06-28 18:47:48
#. The 42-square-meter unit at Hansol Village 4th Complex in Jeongja-dong, Bundang-gu, which is being redeveloped, sold for 1.195 billion won on the 11th, setting a new record high. A year earlier, in June last year, it had traded for 680 million won. That means the price has risen by more than 70%. The 36-square-meter unit also sold in the 600 million won range in June last year, but recently surpassed 1 billion won at 1.04 billion won.
A survey found that Bundang New Town accounts for many of the 10 apartment complexes with the biggest price gains over the past year. The result reflects expectations for redevelopment, supported by strong job access and location advantages.
According to an analysis of KREB data on the 28th, Hansol Village 4th Complex recorded the largest increase in apartment sale prices nationwide over the past year, from June 22, 2025 to June 22, 2026, with a gain of 64.31%. The increase is based on sale prices per 3.3 square meters.
What stands out is that six Bundang complexes made the top 10. In addition to Hansol Village 4th Complex, Hansol Village 6th Complex ranked second with a gain of 59.94%. A 58-square-meter unit in the 6th complex recently sold for 1.44 billion won, up about 400 million won from a year earlier, when it traded in the 1 billion won range.
Mujigae 12 Complex in Gumi-dong, Bundang-gu, came in fifth. Its apartment prices rose 56.42% over the past year. A 59-square-meter unit that sold for 600 million to 700 million won a year ago is now worth more than 1 billion won. Cheongsol Village Jugong 9 Complex in Geumgok-dong ranked seventh, while Jangantown Geonyeong 3rd in Bundang-dong and Hansol Village 5 Complex in Jeongja-dong placed ninth and 10th, respectively.
The reason several Bundang apartment complexes are among the top 10 in price gains is the growing expectation of redevelopment. In Bundang, one of the first-generation new towns, redevelopment projects are now under way across the area. Ko Jun-seok, a professor at Yonsei University, said, "In Bundang, strong job access and location advantages, combined with redevelopment issues, are driving home prices sharply higher." He added, "The redevelopment contribution payments are likely to be substantial, but the investment value remains high when future potential is taken into account."
In Seoul, Hyundai Home Town (Hyundai Donggung) in Banpo-dong, Seocho District, with 224 households in one building, ranked third and was the biggest gainer in the city. The complex is pursuing integrated redevelopment with nearby apartments. A 70-square-meter unit sold for 1.79 billion won in June last year, but recently changed hands for 2.8 billion won, up by 1 billion won.
Also notable is that Kkachimaeul Apartment Complex in Suseo-dong, Gangnam District, and the Suseo apartments in Ilwon-dong made the top 10. Suseo and Ilwon have long been overlooked within Gangnam. Professor Ko said, "These areas are called 'hidden Gangnam neighborhoods,'" adding, "They are drawing attention as the development of Suseo Station gains momentum."
Meanwhile, KREB said that as of June 22, the average apartment price in Seoul had reached 40.55 million won per 3.3 square meters, surpassing 40 million won. The national average was 15.97 million won.
ljb@fnnews.com Lee Jong-bae Reporter