Gangnam “Jeonse” Prices Rising over 70% of Sale Price

SEOUL, Korea, Mar 9, 2014 (Korea Bizwire) – The percentage of apartment homes in Seoul’s Gangnam (including the three districts of Gangnam, Seocho, and Songpa) whose “jeonse” (lump-sum deposit on a rental property) price is in excess of 70 percent of sale price has almost quintupled for the past one year. According to DoctorApt, a [...]