Why are real estate prices in Gangnam, Seoul high?



seoul gangnam real-estate

I'm currently living in a rural area, so I'm not sure about the real estate in Seoul.

Usually, when real estate prices come out, Gangnam, Seoul, is always mentioned.

Is there any special reason why real estate prices in Gangnam are high?

I heard that there are many companies in Gangnam, but isn't it noisy and bad to live if there are many companies around?

I don't think the air or living conditions will be good, but I don't know why it's expensive.


586 2017-08-10 Gentleman

A. 1

The fact that there are many companies in Gangnam refers to the area around Gangnam Station
Gangnam refers to Gangnam-gu and Seocho-gu, and this area is quite large
If it's a good place to live, you can say that everything is good except for the air


Gentleman 7 years ago 0

A. 2

I don't know about other regions, but...
The real estate in Seoul can be explained to the school district.
If the school district is good, everyone will flock to get a lease, so whether it's a lease or a sale price, it goes up.
Most famous academies are concentrated in good school districts, so real estate prices go up to the surrounding areas where you can go to academies.


Gentleman 7 years ago 0

A. 3

I agree with the statement that I'm going up because of the school district.
But after living, there are many other benefits.
For now, most of the things I've heard about in Seoul are focused on Gangnam and its area.
The infrastructure is really good.
For example, if you go out to the Han River alone and walk along the large Han River Park, there is a big difference between the rich and the non-local areas.
And you might think it's complicated because there are a lot of companies,
In fact, there are not many people in the apartment where there are many people living, so I don't feel like I'm fluttering.
There are many parks, so I feel relaxed.
Among Gangnam, there are many people around the subway station, but just a little outside, there are many parks, many places to walk, and there are grass fields, and it is very comfortable.
Also, you can watch people, eat delicious food, watch movies, and walk whenever you want. That's a good thing, too.
You may think prices are high, but now most of them are purchased at large discount stores, so it's not that expensive to live.
Most of the neighbors around me are relaxed people, so it's nice to have some manners and have a peaceful time.


Gentleman 7 years ago 0


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