Housing assets with a transfer price over one billion KRW South Korea 2018-2022

Published by
H. Yoo,
Feb 7, 2024
There were 440 assets that had a transfer price of over one billion South Korean won reported as housing transfers for capital gains tax in South Korea in 2022. Figures were lower compared to the previous year but almost 100 units higher than in 2020. Homes valued at over 900 million won are considered to be luxury housing and are subject to higher tax rates.

Number of housing assets with over one billion South Korean won in transfer price reported in South Korea from 2018 to 2022

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Release date

February 2024

Region

South Korea

Survey time period

2018 to 2022

Special properties

final report for each year; based on capital gains tax reports on housing transfers

Supplementary notes

The source did not provide a date of publication. The release date used here is the access date.
Transfer price refers to the actual transaction price at the time of asset transfer between the seller and the buyer.

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