Entering the Top 1% of Seoul Apartments? "Bring 4.65 Billion Won"

[Financial News] The entry price for the top 1% of apartment transactions in Seoul was estimated at 4.64998 billion won, with an average price of 6.3059 billion won. The average price for the top 1% in Seoul was 6.3059 billion won.
On the 20th, Zigbang said that after analyzing actual apartment sale transactions nationwide for the first half of this year, it found that the entry price and transaction characteristics of the top 1% market varied widely by region.
Gyeonggi Province followed at 1.85 billion won, Daegu at 1.58 billion won, and Busan at 1.525 billion won.
Sejong City stood at 1.28 billion won, while Daejeon and Incheon were in the 1.1 billion won range. Gangwon Province and North Gyeongsang Province were in the 500 million to 600 million won range, highlighting clear regional gaps.
The top 1% market showed signs of stabilization or correction compared with last year's peak. In Seoul, the entry price hit a record 4.98 billion won in the first half of 2025 before easing to the 4.6 billion won range in this year's first half, while the average transaction price also fell from the 6.8 billion won range to the 6.3 billion won range. Gyeonggi Province also adjusted from 2.01 billion won in the first half of last year to 1.85 billion won this year.
Transaction patterns also differed between the Seoul metropolitan area and the provinces. In Seoul, the top 1% market was shaped by a range of high-end complexes, including those along the Han River, redevelopment projects, and newly built luxury apartments. In Gyeonggi Province, the market expanded around areas with strong access to Seoul, such as Gwacheon, Seongnam's Bundang and Pangyo, and Hwaseong's Dongtan. In contrast, provincial markets were centered on Busan and Daegu, with top 1% transactions concentrated in a small number of landmark complexes representing each region rather than in many developments.
[email protected] Jeon Min-kyung Reporter