2023-07-21 02:39
Jeonse demand rises in Korea on expensive monthly rents
This photo shows the view of Heukseok Xi, whose exclusive area of 84㎡ was recently traded at 800 million won, up 200 million won from the beginning of the year. [Photo provided by GS E&C]Demand for jeonse, South Korea's unique housing rental system where a large lump-sum payment is deposited usually for the duration of two years, is rising after a brief slump as loan interest and supply go down.According to an analysis conducted by Maeil Business Newspaper on the transaction price data of the Ministry of Land, Infrastructure, and Transport on Thursday, jeonse transactions accounted for 59.

https://n.news.naver.com/mnews/article/009/0005161892?sid=104

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