Gangneung Apartment Market Analysis: Lotte Castle Signature Prices and Transaction Trends

The Gangneung apartment market is gaining attention due to the scarcity of new apartments and shifts in regional transaction volumes. Large-scale new apartment complexes, such as Gangneung Lotte Castle Signature, are becoming a focal point, intensifying the concerns of potential homebuyers looking for their own residences.

Gangneung Lotte Castle Signature is a new apartment complex with 1,305 units, scheduled for approval in November 2024. Asking prices for 84㎡ units range from 680 million to 800 million KRW, with actual transactions typically occurring between 710 million and 750 million KRW. In the first half of 2026, the number of normal apartment transactions in Gangneung City increased by 7.8% year-on-year to 1,124 cases, with notable increases in specific areas like Gyodong, Naegok-dong, and Songjeong-dong.

Local experts advise that when purchasing an apartment in Gangneung, it is crucial to clarify whether the purpose is investment or actual residence. Buyers should also consider the unique residential characteristics of different areas such as Gyodong, Yucheon District, and Songjeong District. For pre-sale apartments, it is important to anticipate changes in the surrounding environment at the time of move-in rather than relying solely on the current view.