Acro River Park 84㎡ 60billion won, Seoul home prices rise
At Acro River Park in Seocho-gu, Seoul, a unit with an exclusive-use area of 84㎡ 60was traded for billion won, setting a record high. The rise in Seoul apartment prices accelerated, and Gangnam-gu also returned to an upward trend after 12weeks.
A unit at Acro River Park in Banpo-dong, Seocho-gu, Seoul, with an exclusive-use area of 84㎡ was traded last month on 22 for billion won. The transaction details were posted on the Ministry of Land, Infrastructure and Transport's real estate transaction price disclosure system. The deal set a record high for units of the same size.60The deal set a record high for units of the same size.
The previous sale of a unit of the same size was last month on 4 for billion won. The property was on the 53 floor. Compared with this transaction, the price difference over 31 days was 18 billion won.7 billion won.
Acro River Park is a complex often mentioned in discussions of trends in Seoul home prices. In 2019, it was the first in the Gangnam area to record a transaction price per ㎡ of more than 3.3 billion won. Daelim Industrial, now DL E&C, rebuilt Shinbanpo1 Apartments.1 Apartments.
This complex was built with 38 floors above ground, 15 buildings. The total number of households is 1,612 households. It was completed in 2017.
The Korea Real Estate Board’s 5weekly apartment price data for the second week of the month also show prices rising in Seoul. As of 11, apartment sales prices in Seoul rose 0.28%. The increase was 0.13 percentage points greater than the previous week.
This increase in Seoul was the highest since 1’s fourth week, when it reached 0.31%. It was the highest in 15 weeks. Gangnam District, the only one among Seoul’s 25 districts to have posted a decline through the previous week, also shifted to an increase. Apartment prices in Gangnam District rose 0.19%.
Gangnam District returned to an upward trend after 12 weeks. Market sources say listings fell after the temporary suspension of the additional capital gains tax for owners of multiple homes ended on 9. They also say that prices in the jeonse and monthly rental markets continue to rise amid a shortage of listings.
Sources: 뉴시스 경제
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