Global real estate company Remax announced on the 17th that it will hold the 37th Online Real Estate Investment Fair as a live broadcast on the Remax Korea official YouTube channel on the 18th.
According to Remax, overseas real estate inquiries and demand have been on the rise recently. In particular, Banyan Tree Condo in Phuket, Thailand and Japanese real estate transactions are active. A Remax official said, "Banyan Tree Condo in Phuket, Thailand is gaining attention as a second home for the wealthy because it offers a vacation and stable income," and "Japanese real estate investment fever is also hot due to the depreciation of the yen."
Remax said, "In addition, in Korea, commercial real estate is also maintaining an upward price trend due to transactions centered on small buildings," and "According to Value Map, the average land price of commercial business facilities (excluding multi-use buildings) in the third quarter of this year was 18.11 million won per 3㎡, up 2% from the previous quarter."
He continued, "In the Seoul area, the increase in the transaction volume of so-called micro buildings with a land area of less than 100㎡ is interpreted as having driven up prices," and "In the third quarter, the transaction volume of less than 100㎡ increased by 8%p from the previous quarter to 31%, and there were particularly many transactions in Hannam-dong, where redevelopment is in full swing."
According to Remax, the transaction volume in Daegu Metropolitan City increased by 20%. Following Gangwon-do (19%), Gwangju and Ulsan also showed an increase in transaction volume of 9% each.
A Remax official said, "The wealthy are also picky about where to find resting places," and "Many of them invest in overseas real estate by looking at not only current usability but also future value." He continued, "The domestic market is also actively moving by identifying trends and investing in places with high growth potential."
At this fair, approximately 400 real estate experts from Remax affiliates will analyze the locations of real estate investment products such as commercial buildings, buildings, hotels, reconstruction, redevelopment, logistics, factories, land, and overseas real estate. In addition, Remax said it will provide strategic consulting with 50 years of know-how, along with necessary investment checks such as business analysis of the industry in which it is located, legal and tax analysis, and understanding of economic and real estate trends.
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