Gangnam's I-Park Complex Most Expensive Apartment in Korea

      November 30, 2010 09:22

      /Courtesy of Hyundai Development

      I-Park Apartments in Samseong-dong in the upscale Gangnam District south of the Han River is the country's most expensive apartment complex.

      According to a nationwide survey of apartment sale prices as of last Friday, estate agents Realty 114 on Monday said that I-Park Apartments in Samseong-dong were the most expensive with W60.07 million per 3.3 sq.m (US$1=W1,154).

      Next was the Hyundai 7th Apartment Complex in Apgujeong-dong, Gangnam (W49.01 million), Dongyang Paragon Apartment Complex in Cheongdam-dong, Gangnam (W47.75 million), Banpo Residential/Commercial Complex in Banpo-dong, Seocho (W45.84 million), and Hanyang 8th Apartment Complex, also in Apgujeong-dong (W45.65 million).

      Apgujeong topped the list in terms of apartment sale prices with W41.12 million per 3.3 sq. m, followed by Yongsan-dong 5-ga in Yongsan (W36.85 million), which is home to several luxury residential/commercial complexes.

      If renovated apartments are included, Gaepo-dong in Gangnam ranked first with the average price of W41.67 million.

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