South Korea Real Estate News
South Korea
Demand for Logistics Space at Global Seaports Booms
According to the recent CBRE Global Seaport Review, a 36.5% jump in international shipping container volumes over the past decade is driving strong demand for logistics space near seaports.
Global Residential Rents Continue to Climb Despite Worldwide Economic Uncertainties
According to international property consultant Knight Frank, prime residential rents continue to rise but the rate of growth is slowing. Across ten global cities luxury rents increased 10.2% on average in the 12 months to Q3 2022, down from a high of 11.9% in Q1 2022.
Global Home Prices Still Rising in 2022, But at Much Slower Pace
According to international property consultant Knight Frank, house prices across 56 countries and territories are still rising at a rate of 8.8% per annum, down from 10.9% at their peak in Q1 2022.
Japan, Australian Cities Most Resilient to Environmental Risks Impacting Property Investors
According to CBRE's latest 'Asia Pacific Sustainable City Ranking' report, cities in Japan and Australia are the most resilient to environmental risks and Ho Chi Minh City is the most resilient emerging Asian market.
