Senior Housing Is Booming in South Korea’s Real Estate Market

Starting In 2025, South Korea Will Become An Ultra-Elderly Society (With More Than 20% of The Population Aged 65 Or Older)

As a result, “senior housing” is on the rise in South Korea. Not only construction companies, implementers, and architects, but also insurance companies, hotels, and other organizations are showing great interest in senior housing.

Large Senior Complexes Have Already Been Built In Seoul And Gyeonggi Province

  • The Classic 500 (90 Neungdong-ro, Gwangjin-gu, Seoul) – A multi-family property with a requirement that one member of the couple be at least 60 years old.
  • Samsung Noble County (1751 Deogyeong-daero, Giheung-gu, Yongin-si, Gyeonggi-do) – Senior housing with residential, medical, and sports facilities.

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