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Overwhelming Number of Sales Assets continue to be put up for sale in the Gangnam office market. Transactions in the commercial real estate market have slowed significantly due to interest rate hikes and lack of liquidity, but the Gangnam office market is seeing more listings than ever. Looking at large offices with a total floor area of more than 33,000 square meters (10,000 square meters) sales are underway or completed for Scale Tower (49,334 square meters), Samsung SDS Tower (99,536 square meters), Golden Tower (40,480 square meters), Majestar City Tower One (46,580 square meters), Arc Place (62,747 square meters), Tower 730 (80,729 square meters), and Seocho Gangnam Building […]
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Content Editor, Seoul Property Insight(SPI)
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