[Monitor] Apartment sales prices mostly below previous highs

Sales prices of apartment complexes slated for reconstruction are still soaring in affluent southern Seoul, but recent data showed that only those in Seocho-gu surpassed previous highs, as of this month.

Property consultancy Real Estate 114 released the apartment sales prices of the “Bubble Seven” regions that led the upsurge of real estate prices a decade ago.

The numbers showed that despite the concerns of a real estate bubble, the prices of the apartment complexes were below previous highs, especially those in Gyeonggi Province.