Selective Office Supply Intensifies in Seoul's Outskirts Amid Core Area Scarcity
In '23.4Q, Seoul's office building supply was concentrated inm secondary areas such as Magok, Godeok, and Samjeongdong, where six buildings, each under 9,900㎡, adding up to approximately 39,600㎡, were supplied. This limited supplt, primarily comprising company-owned assets, has had a minimal impact on the persistent scarcity of vacancies in the main business districts.
Selective Office Supply Intensifies in Seoul's Outskirts Amid Core Area Scarcity
In '23.4Q, Seoul's office building supply was concentrated inm secondary areas such as Magok, Godeok, and Samjeongdong, where six buildings, each under 9,900㎡, adding up to approximately 39,600㎡, were supplied. This limited supplt, primarily comprising company-owned assets, has had a minimal impact on the persistent scarcity of vacancies in the main business districts.
INDEX
Part1. Lease Market
Part2. Investment Trend