Is Haeundae Driving the Decline? TOP 6 Large Apartment Complexes in Busan Still Unable to Recover
The disparity between Seoul and regional real estate markets is becoming increasingly pronounced The disparity between Seoul and regional real estate markets is becoming increasingly pronounced. While apartment transaction volumes in Seoul have soared to their highest level in over three years, and property prices in major areas have rebounded beyond previous highs, Busan’s market has been struggling. Since switching to a downward trend in June 2022, property prices in Busan have continued to decline. This article will explore the six large apartment complexes in Busan's popular districts that have seen the greatest drops in value and have yet to recover. Busan's real estate market has been experiencing a prolonged decline for over two years, with no signs of recovery. Even in popular districts like Haeundae, Suyeong, and Dongnae, property values have plummeted significantly. Below are the six large apartment complexes in Busan’s transit-oriented zones where prices have dropp...