Figure 36: Share of Monthly Rentals in Seoul (out of total leases)
Following data centers and hotels, co-living has emerged as a keenly sought after asset class. This rise is driven by a fundamental shift in both household structure and approximately 43% within the next five years. Simultaneously, the share of monthly rentals surpassed 50% in late 2021 and has now stabilized at around 60%. This ongoing Despite these projections, Seoul's housing supply rate remains significantly lower than other major metropolitan areas and continues to decline. Conventional supply models, centering on large-scale construction and apartment complexes, face limitations in meeting the evolving needs of the surging single-person population. Consequently, the The rise of single-person households, chronic supply shortages, and the structural shift "operation." In the long term, the residential market is expected to evolve beyond individual-to-individual transactions into an institutionalized asset class, where paying monthly rent. The full deposit is returnedto the tenant upon the termination of the lease contract