Another report was made 3 months after Daechi silver horse was sold for 2.7 billion units

A view of Eunma Apartment in Daechi-dong, Gangnam, Seoul. Photo = Korea Economic Daily

The 84 m² dedicated to Eunma Apartment in Daechi-dong, Gangnam-gu, ‘Education No. 1’, was changed for 2.82 billion won. The dedicated 84㎡ area is called ‘People’s Equilibrium’ and is the preferred area for end-users.

According to the real transaction price disclosure system of the Ministry of Land, Infrastructure and Transport on the 8th, an 84 m² exclusive apartment in Eunma-dong, Daechi-dong, Gangnam-gu, made an actual transaction for 2.82 billion won on the 15th of last month. This is the first transaction in three months since it was traded at 2.78 billion won in August. It was sold for 5 million won more than the previous high point.

Although Eunma is a reconstructed complex within the land transaction permission zone, the price is showing an upward trend. Since last year, the Ministry of Land, Infrastructure and Transport and the Seoul Metropolitan Government have been regulating places where housing prices are likely to rise, such as favorable development or reconstruction, as land transaction permit zones so that only end-users can purchase real estate. In May of last year, before being tied to the land transaction permission zone, the 84 m² dedicated to Eunma was 1.94 billion won.

An official from Daechi-dong A, Gangnam-gu, said, “It is said that the real estate market in general is frozen, but this area has been in constant demand since before.”

Reporter Lee Song-ryeol at

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