Housing assets with a transfer price over one billion KRW South Korea 2018-2022
There were 440 assets that had a transfer price of over one billion South Korean won reported as housing transfers for capital gains tax in South Korea in 2022. Figures were lower compared to the previous year but almost 100 units higher than in 2020. Homes valued at over 900 million won are considered to be luxury housing and are subject to higher tax rates.