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Magok Market Insight

Jinwoo Jung • 25/03/2024
Magok, once the last farmland in Seoul until the late 2000s, is now transitioning into a new office district, expanding beyond the major business areas.
Magok, once the last farmland in Seoul until the late 2000s, is now transitioning into a new office district, expanding beyond the major business areas. The location of Magok, close to the airport and combined with a mix of residential, green, and cultural spaces, positions Magok as a promising area for future development. This report is the first in a series of Cushman & Wakefield reports on Magok, examining the background of how the cities are evolving, the changing spatial structure of the city, and the process of shaping Seoul's business districts.

Contacts

Jinwoo Jung
Jinwoo Jung

Senior Manager
Seoul, Korea, Republic of


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Jin So
Jin So

Assistant Research Manager
Seoul, Korea, Republic of


+82 (10) 91861816

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