The average monthly rent for smaller studio units in Seoul — commonly called "one room" here — was 730,000 won ($525) for ...

Nearly half of all apartments in Seoul owned by foreigners are held by U.S. nationals, who show a preference for the city’s ...

As of December 2024, Americans owned 5,678 apartments in the South Korean capital. Read more at straitstimes.com. Read more ...

“But South Korea is a small country,” she said. “It is necessary to use space as efficiently as possible.” Apartments, in her view, have spared her from the miseries of suburban housing.

But this, for the most part, is South Korea’s middle-class dream of homeownership — its version of a house with the white picket fence. “The bigger the apartment complex, the better the surrounding ...