What June's Prime Residential Transactions in Seoul Actually Say

Seoul's high-end residential market did not move in one direction in June 2026. Reading through the confirmed transactions on record — from Hannam and Seongsu to Samseong, Dogok, Banpo, Yeouido, and Haeundae — the more useful exercise is not to average the numbers, but to notice where volume concentrates and where it doesn't.

At a glance

Sales 13 transactions confirmed across all complexes surveyed

Jeonse 58 deposit-lease contracts, new and renewal combined

Monthly rent 51 contracts, converted at a 5% annual rate for comparison

Banpo concentration 78 of all leases sat in just four Banpo complexes

The highest sale was Nine One Hannam at 25 billion won for a 273.94m² unit, followed by IPARK Samseong-dong at 9.77 billion won for 195.39m², and Raemian Perstige at 8 billion won for 222.76m². The highest jeonse was Acro Seoul Forest at 5.88 billion won for 159.60m² — though this was a renewal contract with tenant-right-of-renewal exercised. Among new jeonse contracts, the highest was Raemian One Bailey at 5.25 billion won for 168.95m². Converted to a standard 100 million won deposit at a 5% annual rate, the highest monthly rent equivalent was Acro Seoul Forest's 200.67m² unit — an actual deposit of 500 million won plus 32 million won monthly, converting to roughly 33.67 million won.

The sales market

Hannam — weight over volume

Nine One Hannam's 273.94m² unit on the first floor sold for 25 billion won, the highest price recorded in June. But this complex trades infrequently at the ultra-prime tier, so a single transaction should not be read as a market indicator on its own. A ground-floor unit in particular suggests garden access or privacy conditions specific to that unit, rather than a comparable price point for the building generally.

Hannam The Hill's 59.69m² unit, on the third floor, sold for 3.85 billion won. Despite the relatively modest size, this sits in an entirely different price bracket than Seoul's average for comparable square footage — a reminder that at this address, location, security, and community carry more weight than floor area.

Samseong and Dogok — the staying power of established prime stock

IPARK Samseong-dong recorded two brokered sales: 195.39m² (5th floor) at 9.77 billion won, and 145.05m² (9th floor) at 6.65 billion won. Even as new ultra-prime supply has entered the market, this points to independent demand anchored in location and building reputation rather than novelty.

Tower Palace III sold at 5.7 billion won for 163.70m² (21st floor) and 3.6 billion won for 124.64m² (30th floor). Tower Palace I sold at 4.43 billion won for 137.24m² (10th floor) and 4.5 billion won for 174.67m² (13th floor).

Note — the 174.67m² transaction was a direct sale rather than a brokered one, a distinction worth keeping separate. Direct sales often involve family, corporate, or otherwise related parties and shouldn't be read against open-market pricing.

Banpo — thin on sales, active on leases

Raemian One Bailey's 59.96m² unit (32nd floor) sold for 4.6 billion won. That a compact unit reaches this price underscores how firmly the complex holds its position among Banpo's new-build premium stock, independent of unit size. Raemian Perstige's 222.76m² unit (22nd floor) sold for 8 billion won — evidence that an established complex, backed by mature landscaping and a central Banpo address, retains its own demand base even as newer towers have entered the picture.

Haeundae

Haeundae IPARK sold at 1.85 billion won for 157.51m² (13th floor) and 3.4 billion won for 184.63m² (5th floor); LCT sold at 2.85 billion won for 161.98m² (36th floor). The spread within the same neighborhood — even the same complex — reflects how much view, orientation, and interior condition weigh against simple square footage here.

The jeonse market

June's jeonse market was roughly evenly split between new and renewal contracts — 30 new against 28 renewal out of 58. This makes it especially important not to read the headline transaction count as a measure of new-tenant demand alone: June's highest jeonse, Acro Seoul Forest at 5.88 billion won for 159.60m², was itself a renewal with tenant right-of-renewal exercised, and does not represent what a new tenant could expect to pay today.

Among genuinely new contracts, the higher end looked like this:

• Raemian One Bailey, 168.95m² — 5.25 billion won (the highest new contract)
• IPARK Samseong-dong, 195.39m² — 4.4 billion won
• Raemian One Bailey, 133.95m² — 3.95 billion won
• Acro River Park, 129.92m² — 3.2 billion won
• Raemian One Pentas, 107.90m² — 2.95 billion won

Banpo's lease turnover is the standout figure this month. Raemian Perstige recorded 26 lease transactions, Raemian One Bailey 18, Raemian One Pentas 18, and Acro River Park 16 — 78 across just four complexes. A meaningful share of these, though, are renewals or renewal-right exercises rather than new leases, so high volume here should not be read as an especially active new-lease market.

Lease transaction count, June 2026: Raemian Perstige 26, Raemian One Bailey 18, Raemian One Pentas 18, Acro River Park 16.

June 2026 lease transactions by complex, Banpo

Raemian Perstige's 59m²-class units illustrate the gap well: within the same floor plan, June alone produced a new contract at 1.4 billion won, renewals at 840 million and 882 million won, and a renewal-right contract at 1.386 billion won. Averaging across renewal and new contracts without separating them would distort the actual picture.

The monthly rent market — converted at a 5% annual rate

Formula: converted monthly rent = actual monthly rent + (actual deposit − 100M won) × 5% ÷ 12

Complex	Size	Actual terms	Converted (per 100M deposit)
Acro Seoul Forest	200.67m²	500M deposit / 32M monthly	~33.67M won
Raemian One Pentas	191.86m²	2.8B deposit / 10M monthly	~21.25M won
Trimage	152.16m²	300M deposit / 17M monthly	~17.83M won
Acro River Park	168.98m²	1B deposit / 13.1M monthly	~16.85M won
Raemian Perstige	222.76m²	1B deposit / 10.8M monthly	~14.55M won
Raemian Perstige	169.31m²	500M deposit / 12M monthly	~13.67M won
Raemian One Pentas	107.64m²	1.25B deposit / 7.5M monthly	~12.29M won
Tower Palace III	163.57m²	1.5B deposit / 6.4M monthly	~12.23M won

This converted figure exists to compare contracts with very different deposit structures on the same footing. It doesn't reflect a landlord's actual return on capital, or the specific circumstances of either party to the contract.

Banpo — not just the large units

• Raemian One Bailey, 84.95m²: 200M deposit / 8.5M monthly → converts to ~8.92M won
• Raemian Perstige, 84.93m²: 200M deposit / 6.2M monthly → converts to ~6.62M won
• Raemian Perstige, 84.93m²: 1.3B deposit / 2.2M monthly → converts to ~7.2M won
• Raemian One Pentas, 107.64m²: 100M deposit / 10.09M monthly → converts to 10.09M won (deposit already at the 100M baseline)
• Acro River Park, 112.93m²: 100M deposit / 11.2M monthly → converts to 11.2M won

High converted rents are not confined to the largest units — they extend into the 84m² range that represents Banpo's core owner-occupier demand.

Hannam The Hill's smaller unit

A 59.69m² unit was newly leased at a 1.1 billion won deposit with 4 million won monthly rent. The headline monthly figure looks modest, but the large deposit means the converted equivalent, at the 100 million won baseline, rises to roughly 8.17 million won. A new jeonse contract on the same floor plan, at 2 billion won, was recorded in the same period — suggesting jeonse and monthly-rent structures are drawing from tenants with genuinely different capital positions.

Yeouido — Brighton Yeouido

An 84.13m² monthly-rent contract (200 million won deposit, 11 million won monthly) converts to roughly 11.42 million won. With little new premium supply in Yeouido, this reads as a distinct rental market forming apart from the area's older apartment stock — though a single transaction is not enough to call this a stable price level yet.

Three observations

1

Ultra-prime sales remain a market of individual assets, not volume. Nine One Hannam at 25 billion won, IPARK Samseong-dong at 9.77 billion won, Raemian Perstige at 8 billion won — each impressive on its own, but each complex recorded only one or two transactions. Where volume is this thin, the specific conditions of a sale — floor, orientation, view, interior condition — matter more than any average or per-pyeong figure.

2

The center of genuine occupier demand is unmistakably Banpo. Seventy-eight lease transactions across both new-build (One Bailey, One Pentas) and established (Perstige, Acro River Park) complexes show that Banpo functions as much as a rental market for people who intend to live there as it does an asset class.

3

High-end monthly rent has become a market of its own. Converted rents above 10 million won a month appeared across Seongsu, Banpo, Dogok, and Yeouido — no longer an exception reserved for outsized penthouses. This points to a demand base that includes tenants choosing not to purchase, corporate leases, and a preference for liquidity over locking up capital in a deposit.

Appendix — June 2026 raw transaction data

Source: Molit (Ministry of Land, Infrastructure and Transport) real transaction price disclosure system. Contracts recorded June 1–30, 2026, organized by contract date. Figures may be amended or withdrawn after initial filing; reconfirm against the latest public data before citing individual transactions.

Hannam & Seongsu

Nine One Hannam

Size	Price	Floor	Date	Deal type
273.94m²	25B	1F	Jun 18	Brokered

Hannam The Hill

Size	Price	Floor	Date	Deal type
59.69m²	3.85B	3F	Jun 19	Brokered

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Monthly rent	59.69m²	1.1B	4M	8F	Jun 16	New
Jeonse	59.70m²	2B	—	5F	Jun 18	New

Acro Seoul Forest

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Monthly rent	200.67m²	500M	32M	15F	Jun 21	New
Jeonse	159.60m²	5.88B	—	40F	Jun 11	Renewal (right exercised)

Trimage

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Monthly rent	84.81m²	2B	0.5M	34F	Jun 12	New
Monthly rent	84.54m²	700M	8M	39F	Jun 04	New
Monthly rent	84.82m²	300M	11M	42F	Jun 28	New
Monthly rent	152.16m²	300M	17M	9F	Jun 08	New
Monthly rent	69.72m²	200M	8M	43F	Jun 30	New
Monthly rent	35.44m²	150M	5.5M	15F	Jun 03	New
Jeonse	84.82m²	2.5B	—	40F	Jun 09	New
Jeonse	84.54m²	2.3B	—	30F	Jun 04	New
Jeonse	69.72m²	1.522B	—	34F	Jun 08	Renewal (right exercised)
Jeonse	69.72m²	1.5B	—	39F	Jun 18	New

Ichon, Yeouido & Cheongdam

Raemian Chellitus

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Monthly rent	124.35m²	150M	9.3M	25F	Jun 10	Renewal (right exercised)
Monthly rent	124.02m²	100M	9.5M	23F	Jun 5	New
Jeonse	124.35m²	2.2B	—	3F	Jun 26	Renewal (right exercised)
Jeonse	124.02m²	2.1B	—	16F	Jun 2	New
Jeonse	124.02m²	1.84B	—	10F	Jun 1	Renewal

Brighton Yeouido

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Monthly rent	84.13m²	200M	11M	44F	Jun 13	New
Jeonse	117.33m²	2.358B	—	4F	Jun 15	Renewal
Jeonse	84.13m²	2.15B	—	40F	Jun 1	New

Cheongdam Lynden Grove

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Monthly rent	85.00m²	500M	5.5M	6F	Jun 30	New

Samseong & Dogok

IPARK Samseong-dong

Size	Price	Floor	Date	Deal type
195.39m²	9.77B	5F	Jun 09	Brokered
145.05m²	6.65B	9F	Jun 01	Brokered

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Jeonse	195.39m²	4.4B	—	10F	Jun 25	New

Tower Palace I

Size	Price	Floor	Date	Deal type
174.67m²	4.5B	13F	Jun 2	Direct
137.24m²	4.43B	10F	Jun 5	Brokered

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Monthly rent	137.24m²	1.3B	2M	42F	Jun 18	New
Jeonse	164.97m²	3.1B	—	34F	Jun 4	New

Tower Palace III

Size	Price	Floor	Date	Deal type
163.70m²	5.7B	21F	Jun 04	Brokered
124.64m²	3.6B	30F	Jun 03	Brokered

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Monthly rent	163.57m²	1.5B	6.4M	49F	Jun 26	New
Monthly rent	141.38m²	1.5B	2.38M	31F	Jun 25	Renewal (right exercised)
Monthly rent	124.64m²	1.1B	3.8M	44F	Jun 05	New
Monthly rent	141.38m²	700M	7.5M	38F	Jun 20	Renewal
Jeonse	124.64m²	2B	—	21F	Jun 01	New

Banpo

Raemian One Bailey

Size	Price	Floor	Date	Deal type
59.96m²	4.6B	32F	Jun 18	Brokered

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Monthly rent	101.99m²	1.8B	2.8M	13F	Jun 4	New
Monthly rent	84.96m²	700M	5.1M	6F	Jun 6	Renewal (right exercised)
Monthly rent	59.96m²	500M	4.4M	29F	Jun 20	New
Monthly rent	101.97m²	500M	9.6M	28F	Jun 15	New
Monthly rent	59.96m²	400M	4.27M	12F	Jun 18	Renewal (right exercised)
Monthly rent	84.95m²	200M	8.5M	5F	Jun 23	New
Jeonse	168.95m²	5.25B	—	12F	Jun 16	New
Jeonse	133.95m²	3.95B	—	24F	Jun 29	New
Jeonse	116.92m²	3.4B	—	7F	Jun 29	New
Jeonse	116.93m²	2.9B	—	16F	Jun 11	New
Jeonse	116.93m²	2.9B	—	16F	Jun 11	New
Jeonse	84.96m²	2.3B	—	7F	Jun 27	New
Jeonse	84.98m²	2.2B	—	31F	Jun 20	New
Jeonse	84.98m²	2.2B	—	34F	Jun 5	New
Jeonse	84.98m²	2.1B	—	4F	Jun 3	New
Jeonse	59.96m²	1.75B	—	22F	Jun 18	New
Jeonse	59.96m²	1.69B	—	25F	Jun 10	New
Jeonse	59.96m²	1.6B	—	11F	Jun 6	New

Raemian Perstige

Size	Price	Floor	Date	Deal type
222.76m²	8B	22F	Jun 03	Brokered

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Monthly rent	84.93m²	1.3B	1.08M	14F	Jun 16	Renewal (right exercised)
Monthly rent	84.93m²	1.3B	2.2M	16F	Jun 13	New
Monthly rent	84.93m²	1B	3.2M	12F	Jun 23	New
Monthly rent	222.76m²	1B	10.8M	8F	Jun 11	Renewal
Monthly rent	59.89m²	700M	3.6M	12F	Jun 17	New
Monthly rent	84.93m²	500M	5M	24F	Jun 20	Renewal (right exercised)
Monthly rent	169.31m²	500M	12M	4F	Jun 8	New
Monthly rent	59.98m²	400M	3.6M	15F	Jun 2	New
Monthly rent	115.65m²	300M	7.7M	13F	Jun 12	Renewal
Monthly rent	84.93m²	300M	6M	1F	Jun 5	New
Monthly rent	135.92m²	200M	10.5M	19F	Jun 24	New
Monthly rent	84.93m²	200M	6.2M	29F	Jun 20	New
Monthly rent	84.93m²	100M	6.52M	27F	Jun 2	Renewal (right exercised)
Jeonse	222.76m²	3.308B	—	16F	Jun 2	Renewal (right exercised)
Jeonse	169.31m²	3.15B	—	24F	Jun 13	Renewal (right exercised)
Jeonse	135.92m²	3.08B	—	10F	Jun 4	New
Jeonse	84.93m²	1.8B	—	31F	Jun 30	New
Jeonse	84.93m²	1.72B	—	11F	Jun 5	New
Jeonse	84.93m²	1.7B	—	23F	Jun 18	New
Jeonse	84.93m²	1.7B	—	23F	Jun 18	New
Jeonse	84.85m²	1.64B	—	16F	Jun 2	Renewal (right exercised)
Jeonse	59.96m²	1.4B	—	18F	Jun 12	New
Jeonse	59.89m²	1.386B	—	11F	Jun 19	Renewal (right exercised)
Jeonse	59.89m²	882M	—	9F	Jun 29	Renewal
Jeonse	59.96m²	840M	—	9F	Jun 30	Renewal
Jeonse	59.96m²	840M	—	2F	Jun 2	Renewal

Raemian One Pentas

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Monthly rent	191.86m²	2.8B	10M	13F	Jun 8	Renewal
Monthly rent	107.64m²	1.25B	7.5M	13F	Jun 2	Renewal (right exercised)
Monthly rent	59.78m²	800M	2.67M	29F	Jun 18	Renewal (right exercised)
Monthly rent	59.78m²	500M	3.2M	15F	Jun 7	New
Monthly rent	59.78m²	250M	6M	19F	Jun 16	New
Monthly rent	59.78m²	100M	6.3M	20F	Jun 15	New
Monthly rent	107.64m²	100M	10.09M	8F	Jun 5	Renewal (right exercised)
Monthly rent	59.78m²	100M	5.6M	9F	Jun 1	New
Jeonse	137.99m²	3.675B	—	29F	Jun 25	Renewal (right exercised)
Jeonse	107.90m²	2.95B	—	21F	Jun 12	New
Jeonse	59.78m²	1.6B	—	18F	Jun 8	New
Jeonse	59.78m²	1.55B	—	30F	Jun 13	Renewal (right exercised)
Jeonse	59.78m²	1.47B	—	13F	Jun 19	Renewal (right exercised)
Jeonse	59.78m²	1.47B	—	30F	Jun 6	Renewal (right exercised)
Jeonse	59.79m²	1.438B	—	18F	Jun 8	Renewal (right exercised)
Jeonse	59.78m²	1.417B	—	11F	Jun 19	Renewal (right exercised)
Jeonse	59.78m²	1.365B	—	13F	Jun 2	Renewal (right exercised)
Jeonse	59.79m²	1.355B	—	12F	Jun 20	Renewal (right exercised)

Acro River Park

Type	Size	Deposit	Monthly rent	Floor	Date	Contract
Monthly rent	59.98m²	1.2B	1M	8F	Jun 13	New
Monthly rent	59.97m²	1.1B	1.6M	11F	Jun 13	New
Monthly rent	168.98m²	1B	13.1M	28F	Jun 06	New
Monthly rent	59.97m²	600M	3.26M	17F	Jun 11	Renewal (right exercised)
Monthly rent	59.98m²	500M	4.5M	16F	Jun 11	New
Monthly rent	59.95m²	300M	2.7M	2F	Jun 14	New
Monthly rent	112.93m²	100M	11.2M	30F	Jun 21	New
Jeonse	129.92m²	3.2B	—	30F	Jun 23	New
Jeonse	129.97m²	2.85B	—	4F	Jun 10	Renewal
Jeonse	84.95m²	1.732B	—	13F	Jun 25	Renewal (right exercised)
Jeonse	59.97m²	1.428B	—	18F	Jun 10	Renewal (right exercised)
Jeonse	59.97m²	1.34B	—	6F	Jun 03	Renewal (right exercised)
Jeonse	59.98m²	1.2B	—	15F	Jun 29	Renewal
Jeonse	59.97m²	840M	—	16F	Jun 09	Renewal
Jeonse	59.98m²	790.12M	—	1F	Jun 11	Renewal
Jeonse	59.98m²	790.12M	—	6F	Jun 01	Renewal

Haeundae, Busan

Haeundae IPARK

Size	Price	Floor	Date	Deal type
184.63m²	3.4B	5F	Jun 13	Brokered
157.51m²	1.85B	13F	Jun 24	Brokered

LCT

Size	Price	Floor	Date	Deal type
161.98m²	2.85B	36F	Jun 22	Brokered

One additional transaction on record for June — a detached house in Hannam-dong (UN Village 2-gil, 432.7m² gross floor area, 1.49B won, contracted June 2) — is excluded here as it falls outside the apartment category covered by this note.

Quiet Property  ·  Jin Kong

jin@quietproperty.kr