Rate of change in officetel sales price index South Korea Q2 2022-Q2 2023
According to a survey conducted on the officetel real estate market in South Korea, the sales price index of officetels decreased by 0.85 percent from the first to second quarter of 2023. The sales price index of officetels has declined quarterly since the third quarter of 2022. Officetels are normally categorized as commercial units that can be used for both commercial and residential purposes in South Korea.