Real Estate in Korea has been recognized as the world most lucrative industry, with its condition where the land is difficult to accommodate the high population density, especially in many large cities such as Seoul and Pusan. This condition made apartments become the most prominent in Korea, as it is the most efficient way how more people live using less space of the land. To give you a brief idea of apartments in Korea, they are "the High Rise", where large number of the middle class dwell in. Although it differs from various locations, they are built close to public transportation, schools, post office, and shopping centre.
Korea has been dramatically transformed into a modern city from 1970s, as the Park administration encourages people to adapt the modernized and westernized lifestyle. Traditionally loved by most Korean dwellers, House normally had a garden inside, and only one level with its elegant roofing tiles. It became slightly unpopular than the apartments, since modernization had been proceeded further, but still many people of the middle class are living in this type. However, its style had to changed into more modern and westernized style. Although it depends on each house, it normally has more than 2 levels with a garden or a backyard. Garage or lift would be variable in different cases. They are comparably older than the apartments. But, the same as the apartments, it is close to public tranportation, schools, post office, and shopping district.
Korea has many large cities with the high population density, therefore the real estate estimation is inevitably expensive. Compared to the Apartments, Villas are slightly more valued in Korea. Villa is the "Unit House", built lower than apartments. Normally, it is less than 5 levels. Villa mostly attracts the high society of Korea, enjoying the most lucrative real estate estimation. It features a built-in garage, since most tenants drives a private car. Tenants may have an opportunity to have a garden or a backyard, if the first floor. Also, tenants can enjoy luxurious interior designs, brought by quality providers of arts and furniture. The renown area where villa is converged are Hannam-dong, UN Village, Dongbinggo-dong and Itaewon-dong. These regions are well-known for its multi-culturality, tranquility, and security, by foreign visitors and residents.