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"2.2 Billion Won Even Outside Seoul"... Dongtan Is Following in the Footsteps of Silicon Valley [Video Mug]

Yeo Hyeon-gyo

Published : Jul 18, 2026 2:07 PM

Video

A neighborhood where a house listed for 6 billion won sells for 10 billion won in just one week—this is San Francisco, where a flood of AI money has poured in.

With developers earning an annual salary of 300 million won unable to afford the rent and sharing rooms with friends, one has to wonder who is actually benefiting.

Yet, this picture looks identical to the 2.2 billion won price tag in Dongtan, driven up by semiconductor performance bonuses...

It does not feel like someone else's story.

Reported and written by Yeo Hyeon-gyo | Assisted by Lee Mi-seon | Designed by Jo Seung-hyun | Edited by Park Seo-yeon