[RSQUARE] 2023 Q4 OFFICE Market Real Report

Selective Office Supply Intensifies in Seoul's Outskirts Amid Core Area Scarcity

In '23.4Q, Seoul's office building supply was concentrated inm secondary areas such as Magok, Godeok, and Samjeongdong, where six buildings, each under 9,900㎡, adding up to approximately 39,600㎡, were supplied. This limited supplt, primarily comprising company-owned assets, has had a minimal impact on the persistent scarcity of vacancies in the main business districts.

 

[RSQUARE] 2023 Q4 OFFICE Market Real Report_ENG.pdf

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