South Korea: real estate assets distribution of millionaires in 2020

According to a survey conducted in South Korea in December 2020, nearly 50 percent of millionaires surveyed reported owning real estate assets worth between one and three billion South Korean won. Around eight percent of respondents even stated that their real estate assets were worth ten billion South Korean won or more.

Distribution of real estate assets of millionaire households in South Korean in 2020 (in billion South Korean won)

Real estate assets in billion South Korean won	Share of respondents
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Release date

March 2021

More information

Region

South Korea

Survey time period

December 2020

Number of respondents

700 millionaires*

Method of interview

Online survey

Supplementary notes

*Millionaires are defined here as individuals who conduct transactions with domestic banks and have financial assets of one billion South Korean won or more.

1,000 South Korean won equals 0.83 U.S. dollars or 0.74 euros as of March 2022.

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