rental market Archives | Be Korea-savvy

Seoul Sees Surge in Ultra-High-End Rental Market as Monthly Rents Exceed 10 Million Won

SEOUL, March 4 (Korea Bizwire) — Luxury rental prices in Seoul have surged, with a growing number of apartments commanding monthly rents exceeding 10 million won ($6,900), highlighting a shift in the city’s high-end housing market. According to data from South Korea’s Ministry of Land, Infrastructure, and Transport, released on March 3, nearly 38% of [...]

Item Rentals Expand Market Presence on Surging Demand

SEOUL, Apr. 20 (Korea Bizwire) — The item rental market in South Korea is expanding its range of lineups into various areas, ranging from fashion accessories and digital cameras to furniture, as a growing number of consumers are willing to use products at affordable prices and return them instead of owning them outright, industry observers [...]