South Korea Real Estate Market Overview
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024:USD 12.35 Trillion
Market Forecast in 2033: USD 14.90 Trillion
Market Growth Rate: 2.00% (2025-2033)
South Korea’s real estate sector is thriving, driven by robust urban development and innovative property solutions. Strong economic growth and investor confidence fuel promising market expansion. According to the latest report by IMARC Group, The South Korea real estate market size was valued at USD 12.35 Trillion in 2024. Looking forward, IMARC Group estimates the market to reach USD 14.90 Trillion by 2033, exhibiting a CAGR of 2.00% during 2025-2033.
Request PDF Sample for more detailed market insights: https://www.imarcgroup.com/south-korea-real-estate-market/requestsample
South Korea Used Car Industry Trends and Drivers:
The real estate market of South Korea has been characterized by rapid increase supported by both urbanization and demand for residential and commercial properties. Essentially, rapid urbanization is driving the housing crisis in South Korea, with governmental measures such as their 2021 plan to build 320,000 new units responding to rural-urban migration. As well as urbanization, technological advancement - such as prop-tech and virtual reality tours - have aided in making buying properties more accessible and simpler for consumers. Further, in terms of commercial real estate, e-commerce centres and technological hubs such as Pangyo Techno Valley are benefitting demand for logistics and office spaces.
In addition, the South Korean government is promoting sustainable construction - G-SEED certification is an example - countering issues over climate and development, while attracting eco-conscious investors with global goals. Essentially, jeonse – the unique rental system used in Seoul - supports affordability, but limited supply is driving prices upwards. Foreign investment in luxury properties is rising. This increase, along with clear regulations, boosts market appeal. Companies like Samsung C&T and Daewoo Engineering are creating new products to meet these needs. Rental inflation was steady at 1.20% in March 2025. This suggests steady growth without sharp price increases. South Korea has great potential for real estate growth. Urbanization, property demand, tech integration, and a supportive political climate make it a key real estate hotspot.
South Korea Used Car Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest south korea real estate market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
The report has segmented the market into the following categories:
Analysis by Property:
Analysis by Business:
Analysis by Mode:
Country Insights:
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the south korea real estate industry.
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sa...@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145