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Seocho is a part of the Gangnam region, along with the Gangnam district of Seoul. Seocho District ranks as one of the richest neighborhoods in South Korea and among the most expensive areas in Seoul with an average sales price of 47.75 million South Korean won per 3.3 square meters. [ 2 ]
Cheongdam-dong (Korean: 청담동) is a ward of Gangnam District, Seoul, South Korea. [1] [2] The area is best known in South Korea as an affluent neighborhood populated by a disproportionately high number of high-income individuals and for having some of the most expensive real estate in the country.
The most significant indicator is its extremely expensive real estate. Seoul as a whole is known for its expensive housing prices—as of 2011, its average apartment cost approximately US$5,500 per m 2 —but the average price in Gangnam is almost twice as high, roughly US$10,000 per m 2, which is 3.5 times the nationwide average. [5]
Ichon 1-dong is known for its expensive real estate. It is home to many foreign residents, especially Japanese. [ 3 ] There are also many American expats , since the Yongsan Garrison is located nearby.
'bright neighborhood') is a dong (neighborhood) in Jung District, Seoul, South Korea between Chungmu-ro, Eulji-ro, and Namdaemun-ro. Myeongdong is known for being one of Seoul's main shopping, parade route, and tourism districts. [1] In 2023, it was listed as the ninth most expensive shopping street in the world. [2]
2. Switzerland. Cost-of-living index: 114.2 Local purchasing power: 118.7 Switzerland has one of the highest costs of living in the world. Rent is only $1,633.64 but worldwide income tax can run ...
The studio apartment Choi Soul recently scored might have the cheapest monthly rent in Seoul: 10,000 won, or about $7. “After I got the text message informing me I got it, I stared at it over ...
It was reported that housing price of Apgujeong-dong is approximately US$28,300 per one square meter by Korea Ministry of Land, Infrastructure and Transport in 2019. The Apgujeong originates from a pavilion with the same name founded by Han Myeonghoe , a 15th-century high-ranking government official under the Joseon dynasty . [ 1 ]