Day: August 8, 2023

Real Estate in SejongReal Estate in Sejong

Real Estate in Sejong

Real Estate in Sejong

The decision to relocate 세종부동산 대표한미르공인중개사 government ministries and agencies from Seoul to the outskirts of the country was a bold and ambitious one. The Moon Jae-in administration hoped to alleviate the overpopulation in Seoul and stabilize apartment prices across the country through this plan.

However, the move didn’t go as planned. While the Blue House and the National Assembly have been moved to Sejong City, it has become a symbol of stagnation and exorbitant housing prices rather than a place that represents Korea’s balanced development strategy.

Sejong’s Unique Real Estate Offerings: From Modern Apartments to Traditional Hanok Homes

This is mainly because the government has introduced a special program that forces construction companies to allocate a percentage of new apartments solely for government workers who want to live in Sejong City. As a result, the city’s apartment prices rose 42 percent last year, the highest rate nationwide.

As a result of the rapid price growth, the number of new government employees who want to move to Sejong City has increased, but it isn’t enough to meet their demands. The government is trying to find other ways to increase supply and attract more people to the city.

If you are interested in buying or renting luxury property in Sejong, you should contact a reputable luxury realtor. The top-notch luxury realtors in Sejong will make your process of purchasing or renting a luxurious property easy and hassle-free. Besides providing sleek luxury homes for sale in Sejong, they also provide services such as luxury home loans, mortgage brokers and property management.