▶ August transaction value at 1.0211 trillion KRW; decreased MoM but remains at levels similar to last year
▶ 'Central Square Gangnam' (formerly Daenam Building) marks the largest deal at 142.5 billion KRW
▶ Temporary adjustment following the post-H1 recovery rally; long-term market outlook remains positive
RSQUARE (CEO: Lee Yong-gyun), a comprehensive commercial real estate service firm, announced the August 2025 Seoul commercial and office transaction trends based on actual transaction data from the Ministry of Land, Infrastructure and Transport (MOLIT).
According to RSQUARE on the 17th, the transaction value of commercial and office real estate in Seoul for August was 1.0211 trillion KRW, with 130 transactions recorded. While both value and volume decreased compared to the previous month (2.9418 trillion KRW / 190 cases), they remained at levels similar to the same month last year (1.2281 trillion KRW / 190 cases).
Looking at the yearly trend, the market passed its low point in January (606.3 billion KRW / 91 cases) and maintained a recovery rally throughout the first half. After transactions expanded through July, a temporary adjustment appeared in August. However, compared to January, the transaction value remains 68.5% higher and the number of cases is up 42.9%, indicating that the improvement trend from the yearly low is still intact.
In terms of individual transactions, the sale of 'Central Square Gangnam' (formerly Daenam Building) in Nonhyeon-dong, Gangnam-gu, for approximately 142.5 billion KRW drew significant attention. This building, which recently completed vertical expansion and major renovation works with its usage approval granted in June 2025, was the largest transaction in August and the only one to surpass the 100-billion-KRW mark among the 130 deals.
"Commercial real estate market trends should be interpreted from a long-term perspective rather than through short-term fluctuations," explained the RSQUARE Research Center. "Although there was an adjustment in August compared to the previous month, the overall recovery stance remains unchanged." The center added, "In the fourth quarter, the interest rate environment and transactions of prime-level large-scale properties are expected to determine whether the market's sustained recovery will continue."
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▶ August transaction value at 1.0211 trillion KRW; decreased MoM but remains at levels similar to last year
▶ 'Central Square Gangnam' (formerly Daenam Building) marks the largest deal at 142.5 billion KRW
▶ Temporary adjustment following the post-H1 recovery rally; long-term market outlook remains positive
RSQUARE (CEO: Lee Yong-gyun), a comprehensive commercial real estate service firm, announced the August 2025 Seoul commercial and office transaction trends based on actual transaction data from the Ministry of Land, Infrastructure and Transport (MOLIT).
According to RSQUARE on the 17th, the transaction value of commercial and office real estate in Seoul for August was 1.0211 trillion KRW, with 130 transactions recorded. While both value and volume decreased compared to the previous month (2.9418 trillion KRW / 190 cases), they remained at levels similar to the same month last year (1.2281 trillion KRW / 190 cases).
Looking at the yearly trend, the market passed its low point in January (606.3 billion KRW / 91 cases) and maintained a recovery rally throughout the first half. After transactions expanded through July, a temporary adjustment appeared in August. However, compared to January, the transaction value remains 68.5% higher and the number of cases is up 42.9%, indicating that the improvement trend from the yearly low is still intact.
In terms of individual transactions, the sale of 'Central Square Gangnam' (formerly Daenam Building) in Nonhyeon-dong, Gangnam-gu, for approximately 142.5 billion KRW drew significant attention. This building, which recently completed vertical expansion and major renovation works with its usage approval granted in June 2025, was the largest transaction in August and the only one to surpass the 100-billion-KRW mark among the 130 deals.
"Commercial real estate market trends should be interpreted from a long-term perspective rather than through short-term fluctuations," explained the RSQUARE Research Center. "Although there was an adjustment in August compared to the previous month, the overall recovery stance remains unchanged." The center added, "In the fourth quarter, the interest rate environment and transactions of prime-level large-scale properties are expected to determine whether the market's sustained recovery will continue."