Scarcity Highlighted in ‘Posejeu Hangang,’ the Mid-to-Large Apartment with the Highest Price Increase

- Apartments with exclusive area over 85㎡ up to 102㎡ in Seoul see the highest price increase
- Large-sized apartments with high scarcity... New record prices set daily

'Pojeseu Hangang' Perspective View

In the Seoul real estate market, the scarcity of large apartments is becoming more prominent, causing the value of related complexes to rise sharply. In particular, medium-to-large apartments (exclusive area over 85㎡ up to 102㎡) have shown the most significant price increase and are reportedly setting new record prices daily.

According to an analysis by the real estate information platform Dabang, based on actual transaction prices from the Ministry of Land, Infrastructure and Transport, examining apartment sales in Seoul from 2014 to 2024, the average sale price of apartments with an exclusive area over 85㎡ up to 102㎡ rose from 624.24 million KRW in 2014 to 1.8701 billion KRW last year, marking a 202% increase?the largest growth among all size categories.

The 'over 60㎡ up to 85㎡' size category followed, increasing 177% from 448.47 million KRW to 1.24038 billion KRW during the same period. Next were ▲ 60㎡ or less (298.69 million KRW → 796.34 million KRW, 167%) ▲ over 102㎡ up to 135㎡ (685.34 million KRW → 1.8246 billion KRW, 166%) ▲ over 135㎡ (1.30938 billion KRW → 3.24866 billion KRW, 148%) in that order.

This trend is interpreted as reflecting heightened expectations among the middle class with sufficient financial capacity for their living standards. As demand for wider and more comfortable living environments grows beyond simply owning a home, there is a clear tendency to choose medium-to-large apartments despite their relatively higher prices. Consequently, medium-to-large apartments, which have limited supply, are experiencing steep price increases driven by both actual residence demand and investment demand.

Experts note, "Large apartments have limited supply but steady demand, so over time their value is increasingly recognized, making their scarcity even greater." They further analyze, "Especially, medium-to-large apartments with locational premiums such as views of the Han River will see their value become even more prominent in the future."

Amid this trend, 'Posez Hangang' is attracting attention. This complex draws market interest due to its advantageous riverside location along the Han River and its rare large-sized unit composition.

'Posez Hangang' is a private luxury residential product consisting of only 128 units of medium-to-large sizes, offering a complex akin to a grand mansion spanning approximately 11,900㎡. It simultaneously possesses the rare value of a Han River view and high-end housing, which is uncommon even in Seoul.

Accordingly, 'Posez Hangang' has sold out units including a penthouse priced at 16 billion KRW and a 123㎡ exclusive area unit priced at 6.35 billion KRW. Currently, only a few remaining large-type units are left.

The greatest strength of 'Posez Hangang' is that every household enjoys a perfect view of the Han River. The three buildings are arranged facing south towards the Han River without obstructing each other, allowing all 128 units to have a Han River view, with about 83% of the total units facing south towards the river. Community facilities such as the sauna, swimming pool, and fitness center located on the lowest floors also offer views of the Han River.

Additionally, the ability to enjoy Han River views from various parts of the home distinguishes it from other riverside complexes. Generally, even apartments with Han River views face north or only offer views from some parts of the living room or bedrooms.

In contrast, Posez Hangang offers a wide south-facing Han River view through windows up to approximately 17 meters wide in the living room. Most bedrooms, including the master room, have Han River views, and some even have views from the bathroom.

The 'Posez Hangang' housing exhibition center is located on Seolleung-ro, Gangnam-gu, Seoul, and operates by appointment only.

This content was produced with the assistance of AI translation services.