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Real Estate in South Korea

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    Report

  • 42 Pages
  • March 2025
  • Region: South Korea
  • MarketLine
  • ID: 6086787
Real Estate in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Real estate refers to physical property and consists of land and buildings. The market scope includes renting and leasing various types of real estate properties. Market volume refers to the total number of properties that are rented or leased. It does not encompass properties sold by real estate brokers or agents, nor does it include land sales, whether for rent or full purchase. The scope of market volume also excludes unoccupied properties. Market value refers to the revenue generated from renting and leasing properties.
  • The South Korean real estate industry recorded revenues of $161.1 billion in 2024, representing a compound annual growth rate (CAGR) of 2.1% between 2019 and 2024.
  • Industry consumption volume increased with a CAGR of 0.6% between 2019 and 2024, reaching a total of 14.6 million units in 2024.
  • South Korea captured a share of 4.4% in the Asia-Pacific real estate industry in 2024.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the real estate market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the real estate market in South Korea
  • Leading company profiles reveal details of key real estate market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea real estate market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the South Korea real estate market by value in 2024?
  • What will be the size of the South Korea real estate market in 2029?
  • What factors are affecting the strength of competition in the South Korea real estate market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Korea's real estate market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What are the most notable recent developments in this industry?
8 Company Profiles
8.1. CBRE Group Inc
8.2. Korea Real Estate Investment Trust Co Ltd
8.3. K·REITS & Partners Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: South Korea real estate market value: $ million, 2019-24
Table 2: South Korea real estate market volume: thousand units, 2019-24
Table 3: South Korea real estate market category segmentation: % share, by value, 2019-24
Table 4: South Korea real estate market category segmentation: $ million, 2019-24
Table 5: South Korea real estate market geography segmentation: $ million, 2024
Table 6: South Korea real estate market value forecast: $ million, 2024-29
Table 7: South Korea real estate market volume forecast: thousand units, 2024-29
Table 8: CBRE Group Inc: Key Facts
Table 9: CBRE Group Inc: Annual Financial Ratios
Table 10: CBRE Group Inc: Key Employees
Table 11: CBRE Group Inc: Key Employees Continued
Table 12: CBRE Group Inc: Key Employees Continued
Table 13: Korea Real Estate Investment Trust Co Ltd: Key Facts
Table 14: Korea Real Estate Investment Trust Co Ltd: Annual Financial Ratios
Table 15: Korea Real Estate Investment Trust Co Ltd: Key Employees
Table 16: K·REITS & Partners Co Ltd: Key Facts
Table 17: K·REITS & Partners Co Ltd: Key Employees
Table 18: South Korea Exchange Rate, 2019-24
List of Figures
Figure 1: South Korea real estate market value: $ million, 2019-24
Figure 2: South Korea real estate market volume: thousand units, 2019-24
Figure 3: South Korea real estate market category segmentation: $ million, 2019-24
Figure 4: South Korea real estate market geography segmentation: % share, by value, 2024
Figure 5: South Korea real estate market value forecast: $ million, 2024-29
Figure 6: South Korea real estate market volume forecast: thousand units, 2024-29
Figure 7: Forces driving competition in the real estate market in South Korea, 2024
Figure 8: Drivers of buyer power in the real estate market in South Korea, 2024
Figure 9: Drivers of supplier power in the real estate market in South Korea, 2024
Figure 10: Factors influencing the likelihood of new entrants in the real estate market in South Korea, 2024
Figure 11: Factors influencing the threat of substitutes in the real estate market in South Korea, 2024
Figure 12: Drivers of degree of rivalry in the real estate market in South Korea, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • CBRE Group Inc
  • Korea Real Estate Investment Trust Co Ltd
  • K·REITS & Partners Co Ltd