'Aeterno Cheongdam' at 32.5 Billion Won... Most Expensive Apartment for 2 Consecutive Years [2026 Official Price]

2026 Officially Assessed Prices for Multi-Unit Residential Buildings
Eterno Cheongdam 464.11㎡
Up 12.5 Billion Won from Last Year

This year, the publicly announced price of 'Aeterno Cheongdam' in Cheongdam-dong, Gangnam-gu, Seoul reached approximately 32.57 billion won, making it the most expensive multi-family residential building in the country. On the other hand, the most affordable multi-family residential property was identified as Jangneung Leisure Town, located in Yeongwol-gun, Gangwon Province.

According to the Ministry of Land, Infrastructure and Transport on March 17, the 'Aeterno Cheongdam' unit with an exclusive area of 464.11 square meters ranked first this year. Its announced price was 32,570,000,000 won, up by 12.5 billion won from last year (20,060,000,000 won). Completed at the end of 2023, this apartment ranked second in price in its first evaluation the following year, and first last year. It has now been named the most expensive apartment for two consecutive years.

Located along the Han River, Aeterno Cheongdam consists of 29 units in total, spanning four basement floors to 20 above-ground floors. At the time of pre-sale in 2020, with a price range of 13 billion to 30 billion won, it set a record for the highest pre-sale price in Korean apartment history. The villa drew attention particularly when singer and actress IU purchased a unit for 13 billion won and actor Song Joongki bought one for 15 billion won.

In second place was Nine One Hannam in Yongsan-gu, with an exclusive area of 244.72 square meters. Its announced price was 24,280,000,000 won, up over 7.9 billion won from last year (16.3 billion won). Previously, RM and Jimin, members of the group BTS, were reported to have purchased units here.

The third place went to The Penthouse Cheongdam (PH129) in Cheongdam-dong, Gangnam-gu, with an exclusive area of 407.71 square meters and an announced price of 23,230,000,000 won. This luxury apartment was built on the site of the Ellui Hotel and is reportedly home to actor Jang Donggun, actress Ko Soyoung, and golf champion Park Inbee, among others.

Fourth place was 'Wanna Cheongdam' in Cheongdam-dong, Gangnam-gu, with a 341.6 square meter unit (22,480,000,000 won), reportedly owned by singer G-Dragon. In fifth was Acro Seoul Forest in Seongsu-dong, Seongdong-gu, with a 273.93 square meter unit at 20,710,000,000 won. The sixth was 'Hannam The Hill' in Hannam-dong, Yongsan-gu, with an exclusive area of 244.75 square meters and an announced price of 16 billion won.

Additionally, the seventh was Coburn House in Hannam-dong, Yongsan-gu, with a 547.34 square meter unit at 14,040,000,000 won; eighth was Raemian One Bailey in Banpo-dong, Seocho-gu, with a 234.86 square meter unit at 13,560,000,000 won; ninth was Acro River Park in Banpo-dong, Seocho-gu, with a 234.91 square meter unit at 13,190,000,000 won; and tenth was Parc Hannam in Hannam-dong, Yongsan-gu, with a 268.95 square meter unit at 12,820,000,000 won.

The most affordable multi-family residential property in the country is 'Jangneung Leisure Town', with a unit of 17.76 square meters located in Yeongwol-gun, Gangwon Province, at an announced price of 2,820,000 won. This is followed by Ilsin Housing in Suanbo-myeon, Chungju-si, North Chungcheong Province, with a 23.4 square meter unit at 3,030,000 won; a 14.88 square meter unit at 153-10 Moam-dong, Gimcheon-si, North Gyeongsang Province, at 3,370,000 won; a 13.21 square meter unit at 2232-5 Doyang-eup, Goheung-gun, South Jeolla Province, at 3,530,000 won; X Villa (Building D) in Cheongjeon-dong, Jecheon-si, North Chungcheong Province, with a 12.83 square meter unit at 3,990,000 won; Jeonwon Villa Buildings C and D in Sanae-myeon, Hwacheon-gun, Gangwon Province, with a 37.54 square meter unit at 4,290,000 won; a 6.72 square meter unit at 228-28 Sujeong-dong, Dong-gu, Busan, at 4,720,000 won; a 28.29 square meter unit at 357-86 Daegwallyeong-myeon, Pyeongchang-gun, Gangwon Province, at 4,860,000 won; and a 39.69 square meter unit at Saemaeul Apartment, Dogye-eup, Samcheok-si, Gangwon Province, at 4,880,000 won.

The price gap between the most and least expensive apartments has widened further. Last year, buying the most expensive apartment based on the announced price would have required about 7,000 of the least expensive units; this year, it exceeds 10,000. All of the top 10 apartments are located in Seoul: three are in Gangnam-gu, four in Yongsan-gu, two in Seocho-gu, and one in Seongdong-gu. Compared to last year, Gangnam-gu and Yongsan-gu each added one more, while Seocho-gu and Seongdong-gu each saw one fewer in the ranking.

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