Apartment prices in Dongtan New Town in Hwaseong, Gyeonggi Province, are climbing at a frightening pace.
According to the weekly apartment price trends for the third week of June 2026 (as of the 15th) that the Korea Real Estate Board (REB) released on the 18th, Dongtan District in Hwaseong, Gyeonggi Province, rose 2.22%. After last week's weekly gain hit 1.98%, roughly triple the previous week's 0.60%, this time it topped the 2% range.
In Dongtan District, demand from buyers flowed in strongly, centering on station-area complexes with good transit access such as Cheonggye-dong and Yeongcheon-dong, leading the overall strength across Gyeonggi Province. Because it has not yet been designated as a speculative overheating district, gap investment is possible, and it serves as a residential base area within commuting distance of major semiconductor business sites, with expectations for a recent semiconductor upcycle also reflected.
The nationwide apartment sale price index rose 0.10% from the previous week. The greater Seoul area as a whole climbed 0.20%, and Seoul maintained a high gain of 0.27%. In Seoul, some areas showed a wait-and-see mood in transactions, but overall prices rose as inquiries from buyers continued to focus on station-area locations with convenient transit, large-scale complexes with many households, and major complexes where redevelopment maintenance projects are underway, according to the board.
Specifically, in the northern part of the city, Seongbuk District (0.40%) and Dobong District (0.38%) rose mainly in small and midsize as well as large-scale complexes, while in the southern part, complexes with high residential preference in Guro District (0.39%) and Gangseo District (0.32%) led the gains.
By contrast, the provinces (0.00%) were mixed, with the five major metropolitan cities down 0.01% and the eight provincial regions up only 0.02%. North Jeolla (0.07%) and Ulsan (0.11%) held up, but Gwangju (-0.09%) and Daegu (-0.02%) weakened and stayed around flat.
The rental market is also trending higher due to a shortage of listings and demand concentrating in areas with favorable living conditions. The nationwide weekly apartment jeonse price index rose 0.11% from a week earlier, with Seoul (0.30%) and the greater Seoul area (0.21%) leading the gains. In Seoul's jeonse market, tenant inquiries are increasing centering on large complexes with strong school districts or close to subway stations, and contract prices continue to rise.
By district, Seongdong (0.53%), Songpa (0.50%), and Seongbuk (0.43%) saw steep increases. In Gyeonggi Province (0.19%), declines were observed in places such as Icheon and Gwacheon, but scarcity of jeonse listings in Dongtan District, Hwaseong (0.87%), and Gwangmyeong (0.49%) helped maintain gains. In the provincial jeonse market (0.02%), areas with stable living environments such as Ulsan (0.12%) and Sejong (0.11%) posted modest increases.