How to buy a new apartment in Seoul with 100 million KRW in seed money (Must-read for young adults~)

1. Study redevelopment (You seriously have to... if you mess this up, you'll end up with two half-baked villas)
2. Utilize Didimdol loans or the recently announced Youth Future Bogeumjari Loan to purchase a redevelopment villa
Target: Redevelopment villas in lower-tier areas on the outskirts of Seoul (Noh-Do-Gang, Geum-Gwan-Gu, Gangseo, Eunpyeong, Jungnang, etc.)
Look for two-room or three-room units suitable for living, utilizing up to 80% loans via First-Time Homebuyer or Youth Bogeumjari loans
Properties in mid-tier areas or above, or those already at the association establishment stage, exceed 400 million KRW, so aim for earlier stages
3. After purchasing your first home, buy a "redevelopment villa princess" (high-potential villa) for under 100 million KRW
Gap investment with a 1.1% acquisition tax using a Jeonse tenant... Since it's a pre-selection stage property, do not live in it
4. While living in your primary residence, your assets are expected to increase by over 100 million KRW annually through the premium (P) on the two redevelopment villas
Later, apply for a new apartment unit in a prime location and use the remaining villa to cover the contribution fees...........
Since you hold them as villas, there is no burden of holding taxes.....
If you follow this path, you will move into a brand-new apartment in about 10 years without much financial burden...
This method is the best..... For real