South Korea
Why there is limited hotel supply growth in Seoul
Most of the new supply is slated to enter destinations such as Busan and Jeju.
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.
Why Seoul’s office market has been resilient despite uncertainties
Annual rental growth was at a record 21.4% in Q3 amidst a global economic slowdown.
Seoul industrial net absorption continues its long-term positive streak in Q3
Net absorption was at 144,900 pyung, the 17th consecutive quarter of positive figures.
This Seoul district just saw its highest office rental growth since 2008
Rents grew 8.7% in Q3 in this area.
Seoul prime office vacancy rate falls to 3.3% in Q3
All major districts in the city saw declines in vacancy rates.
South Korea hotel transaction volumes to hit US$1.4b in 2023
Next year is expected to be a subdued one for hotel investments in the country.
Seoul industrial rents inch up 1.6% in Q2
Rents in all submarkets except the West increased in the quarter.
Seoul Grade A office vacancy rate hits 13-year low of 3.9%
The city’s vacancy now hovers below the natural vacancy rate.
Here’s how Seoul’s business districts are likely to perform in H2
Office leasing activity is expected to be subdued for the remainder of the year.
Seoul prime office rents up 2.7% in Q2
The Gangnam Business District saw the highest growth of 4%.
Why Seoul’s office property investment market “shrunk”
Unit price and cost of capital increased.
Seoul prime office vacancy hits 13-year low of 4.9% in Q2
Net absorption increased 156,400sqm during the quarter.
How Korea’s logistics market is impacted by rising inflation
Inflation is forecast to hit 4.5% this year.
Seoul shopping mall rents returns to pre-pandemic levels
Rents inched up 1.1% in Q1.
Seoul overall industrial rents up 0.2% in Q1
Rents in all submarkets, except the West submarket, increased during the quarter.
How Seoul’s office property market is set for a robust investment growth
The office sector accounted for half the total investment transactions last year.
Most Read
1. Investment opportunities in Australia’s student accommodation sector revealed 2. APAC prime office rents drop for the seventh consecutive quarter 3. Singapore Q1 private home transactions down 2.4% to 4,230 units 4. Singapore office vacancy rate hits record low in over 7 years 5. Australian infrastructure deal value drops by 31% in Q1Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
