Seoul Real Estate News
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AI Hyperscalers Drive Record Data Center Leasing in Early 2025
Record-breaking demand from hyperscalers and cloud providers drove data center leasing volumes to new highs in the first quarter of 2025, fueled by the global AI boom and tightening power supply, according to CBRE's latest Global Data Center Trends report.
Korea's Co-Living Market Heats Up in 2025
Despite a nationwide increase in single-person households, a new report from global real estate services firm JLL suggests that co-living is not just a niche accommodation choice but a growing residential trend in South Korea's evolving housing market.
Asia Pacific Commercial Investment Holds Steady in Early 2025
Asia Pacific's commercial real estate (CRE) investment market held firm in the first quarter of 2025, with total transaction volume reaching $32.8 billion -- a marginal 1% dip from the previous quarter but up 11% year-over-year, according to new data from CBRE.
Global Luxury Residential Prices Showed Gradual Improvement in Late 2024
According to Knight Frank's latest Prime Global Cities Index, the growth of prime residential property prices worldwide is slowly gaining momentum. The annual growth rate climbed in the final quarter of 2024, reaching 3.2%. Although this marks an improvement from the previous quarter, it remains below the 20-year average of 5.3%.
