Pangyo office sale Exceeds KRW 30 million per pyoung*

2022. 02. 07 · SPI

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Editorial: *Pyeong is a basic unit of area for real estate, equal to 3.3 square meters. ————————————————————– Alpharium Tower in Pangyo was successfully sold on January 24. JLL and CBRE announced on February 7 that they had successfully completed the sale of Alpharium Tower as the joint exclusive sales manager to ARA Korea. ARA Korea, a Singaporean real estate investment company, bought Alpharium Tower for KRW 528 billion in 2017 and sold it only five years later. Mastern Investment Management has now purchased the tower for around KRW 1 trillion in this first quarter. This calculates to about KRW 30 million per 3.3sqm, breaking the record for highest price in […]

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