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How and Where to Check Apartment Transaction Prices? A Detailed Comparison!

  • Written Language: Korean
  • Country: All Countriescountry-flag
  • Economy

Created: 2024-11-18

Created: 2024-11-18 13:11

If you're considering buying an apartment, the asking price alone is too large a sum to base your decision on. You need to know the actual transaction price to make a wise choice. Furthermore, knowing the actual transaction price is essential if you want to assess the value of your apartment.

Where can I check apartment transaction prices?

There are various ways to check apartment transaction prices. Each method has its own advantages and disadvantages, so choose the one that suits you best.

How to check apartment transaction prices

How to check apartment transaction prices

  • Ministry of Land, Infrastructure and Transport's Real Transaction Price Disclosure System:Provides the most reliable and official information. You can check transaction information by unit and even the parties involved in the transaction, allowing for accurate price assessment.
  • KB Kookmin Bank Real Estate:Provides transaction prices along with KB's housing price index, which is used as a benchmark for mortgage loans.
  • Naver Real Estate:Provides a user-friendly interface and various supplementary information.
  • Hoganono:Provides a real transaction price alert service, allowing you to quickly check price changes for your desired apartment.
  • Asil:Provides detailed information on transactions by unit, including transaction history.

Which method should I choose?

  • Accurate Information:Ministry of Land, Infrastructure and Transport's Real Transaction Price Disclosure System
  • Convenience:Naver Real Estate, Hoganono
  • Detailed Information by Unit:Asil
  • Loan-related Information:KB Kookmin Bank Real Estate

Points to Note When Checking Apartment Transaction Prices

  • Registration Completion Status:Transactions that have not been registered may differ from the actual transaction price.
  • Information by Unit:Not all sites provide information by unit, so you may need to compare multiple sites if necessary.
  • Transaction Parties:Prices may vary depending on whether the transaction is between individuals or corporations.

Frequently Asked Questions

  • Is checking transaction prices free?Most services are free, but some features may be paid.
  • How often is transaction price information updated?Most sites update in real-time.
  • Can I trust the transaction price information?Information provided by the official agency, the Ministry of Land, Infrastructure and Transport, is highly reliable.

Key Summary

Apartment transaction prices are crucial information that must be checked when buying or selling real estate. Since there are various ways to check transaction prices, choose the method that suits you best to obtain accurate information and make wise real estate investments.

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