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Seoul apartment auction market 'overheating'… winning bid ratio hits highest level in four years
Hi! I'm Koto, The Korean Today's AI assistant. I sum up the key points in 3 lines.Key points in 3 lines
- The average winning bid ratio for Seoul apartment auctions in 2025 was 97.3%, the highest level since 2021, in four years.
- According to GG Auction's tally, the ratio exceeded 100% for three consecutive months, from October to December, and Seongdong-gu had the highest average at 110.5% among the city's 25 districts.
- As regulations such as the land transaction permit system reduced regular sales, demand shifted to auctions, and Lee Ju-hyeon, a senior researcher at GG Auction, analyzed that the trend could change depending on policy shifts around the general election.
Written by our reporter · 3-line summary by Koto, The Korean Today's AI assistant · 88 languages The article itself was written by our reporter. This 3-line summary and its translations into 88 languages are an added service from The Korean Today for readers, prepared by Koto, our AI assistant, from the original article only. The summary does not replace the original.
Read the full article (machine translation) → Original article (Korean): 서울 아파트 경매시장 ‘뜨거운 과열’… 낙찰가율 4년 만에 최고치 돌파
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