'Housing Innovation for Single-Person Households': Co-living Supply in Seoul Increases Fivefold, Global Pension Funds and Institutional Investors Accelerate Entry

주메뉴 바로가기
본문 바로가기

2025.09.15 (월)

닫기

English

홈
English

'Housing Innovation for Single-Person Households': Co-living Supply in Seoul Increases Fivefold, Global Pension Funds and Institutional Investors Accelerate Entry

김문균 기자 newsspace@naver.com
등록 2025.04.28 06:00:30

According to a report released by RSQUARE Analytics (RA) on the 26th, the number of co-living housing units in Seoul reached 7,371 as of Q1 2025, increasing 4.7 times over the past nine years. Rental demand has also risen by an annual average of 22% between 2022 and 2024. Notably, lease contracts surged by 29% in 2024 compared to the previous year.

With this growth trend, major domestic and international companies are actively entering the market. Domestic firms such as 'MGRV', 'DDPS' (an affiliate of SK D&D), 'SLP' (a Shinyoung affiliate), and 'KT Estate' are expanding their businesses, while the global operator 'Weave Living' has already entered the Korean market. Additionally, 'Cove' is preparing to open two locations in Seoul in collaboration with 'Honors Asset Management' in the first half of this year.

However, challenges remain behind this rapid growth. The median rent for co-living units in Seoul is 900,000 won, with rent per exclusive area being up to 2.6 times higher than that of officetels. RSQUARE Research Center identified the key challenges as △higher rent compared to officetels △limited exclusive area, and △inconvenience in utilizing common spaces.

김문균 기자의 전체기사 보기

이 시각 추천뉴스

Youngone Corp. Tops Diversity Index for Second Year in a Row

[News Space=Reporter seungwon lee] SEOUL — South Korea’s Youngone Corporation has once again secured the top spot in workplace diversity among consumer-sector companies, earning the 2025 WIN Award at a ceremony in Seoul on September 9. The award, presented during the 8th Annual WIN Forum at the EL Tower in Yangjae-dong, recognizes Youngone’s commitment to inclusive leadership and gender balance at the highest levels of corporate management. The accolade is conferred by Women in Innovation (WIN), a nonprofit association led by executive women across industries. Each year, WIN evaluates the coun

Supreme Court: "Hanwha Ocean to pay 44.1 billion won in damages to the National Pension Service"... 23 cases of 5.7 trillion won in fraudulent accounting, warning of potential repercussions.

[News Space=Reporter seungwon lee] The Supreme Court has finalized its ruling ordering Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering) to pay 44.18779 billion won in damages to investors, including the National Pension Service, for fraudulent accounting. This ruling is the first Supreme Court decision among 23 investor lawsuits totaling 165.1 billion won filed in connection with the Daewoo Shipbuilding & Marine Engineering accounting fraud scandal, and is expected to have a significant impact on similar lawsuits currently underway. The Supreme Court upholds the origina

Samsung BioLogics spin-off postponed by a month... New entity 'Samsung Epi Holdings' to launch in November

[News Space=Reporter seungwon lee] Samsung BioLogics' plan to spin off its subsidiary management and new investment business divisions to establish a new corporation, Samsung Epi Holdings, has been postponed by about a month. On August 22, Samsung BioLogics announced that the spin-off date had been changed from October 1 to November 1. Accordingly, the extraordinary general meeting of shareholders to approve the spin-off plan was also postponed by one month, from September 16 to October 17. The relisting date for the new entity, Samsung Epis Holdings, was adjusted from October 29 to November 2

"Temu and AliExpress, Obsessed with Making Money" Selling Illegal "Kedehun" Goods… Seo Kyung-deok: "Pathetic Act"

[News Space=Reporter seungwon lee] While Netflix's 'K-Pop Demon Hunters' (K-Pop Demon Hunters) is receiving attention from around the world, there is controversy over the sale of illegal goods on a large Chinese online shopping mall. A variety of illegal goods related to 'Kedehun', such as t-shirts, bags, dolls, and blankets, are being sold on 'AliExpress' and 'Temu', which sell to customers around the world. Even when 'Squid Game' and others gained great popularity around the world, there was a huge controversy over the distribution of illegal copies and unauthorized viewing within China. In

5 billion won in rebates and bid-rigging through shell corporations... Comprehensive investigation into corruption involving Dankook University Chairman Jang Ho-seong and Union Pharmaceutical Chairman Ahn Byung-kwang.

[News Space=Reporter seungwon lee] The head of a pharmaceutical wholesaler and the presidents of famous domestic medical corporations and university hospitals who exchanged large amounts of rebates through ghost corporations were brought to trial. On August 18, the Seoul Western District Prosecutors' Office's Food and Drug Crime Investigation Department (Acting Chief Prosecutor Jo Man-rae) indicted 8 people, including Mr. A (67), the representative of a pharmaceutical wholesaler, without detention on charges of embezzlement, violation of the Medical Service Act, Pharmaceutical Affairs Act, obs

Food and beverage companies' operating profit margin rankings for the first half of 2025: 'Export-oriented' companies are winning, 'domestic-oriented' companies are suffering

[News Space=Reporter seungwon lee] In the first half of 2025, the rankings of operating profit rates among listed domestic food and beverage companies were split by an 'unprecedented' difference. While Samyang Foods and Orion, which have expanded into the global market, have 'run away' with double-digit high-profit structures, Pulmuone and Lotte Welfood, which are highly dependent on the domestic market, have remained at the bottom. By compiling the Financial Supervisory Service's electronic disclosure system, corporate performance data, securities firm reports, and statistical agency informat

Shock from LG Electronics' voluntary retirement program... "The true face of LG's restructuring": Aging conglomerates, mid-level and senior employees being pushed out

[News Space=Reporter seungwon lee] The fact that LG Electronics will implement voluntary retirement starting in September 2025 for employees over 50 years of age and employees with low performance over the past three years, starting with the MS (Media Entertainment Solutions) division in charge of the TV business, is sending shockwaves through the industry. Although they touted a virtuous cycle of human resources and enhanced competitiveness, the analysis suggests that belt tightening is becoming a reality due to a combination of serious deterioration in performance, an aging workforce, and gl

Is the rumor of rain at the Korea Meteorological Administration's sports competition true?... The reality of poor weather forecasting in developing countries and botched forecasts.

[News Space=Reporter seungwon lee] The reliability of the Korea Meteorological Administration's weather forecasts is in serious jeopardy. The frequency of false forecasts has led to nicknames like "Guracheong" (a false forecast) and "False Forecasting Office," leading to a surge in public discontent. In particular, the common saying, "It always rains on the day of the Korea Meteorological Administration's athletic meet," has gone beyond mere humor and become a symbol of the agency's declining reliability. The accuracy rate of precipitation forecasts released by the Korea Meteorological Adminis

"Space Oil," Mixed in Liquid Cigarettes and Distributed to Gangnam Entertainment Establishments, Turns Out to Be a Popular New Drug in Hong Kong, "Interpol Red Notice"

[News Space=Reporter seungwon lee] A group that manufactured and distributed the new drug 'Space Oil', popular in Hong Kong, in the form of liquid delivery cartridges to entertainment establishments in the Gangnam area of Seoul has been arrested en masse by the police. It was revealed that the drug in question was mainly composed of etomidate, a prescription drug with general anesthetic properties, and propoxate, also known as a "fish anesthetic," and that it was sold after mixing it with liquid tobacco in a 7:3 ratio and masking the smell with fragrance. The Seoul Metropolitan Police Agency