Meaning of "Actual transaction price"
This refers to the transaction prices reported to the Ministry of Land, Infrastructure and Transport after actual real estate sales have taken place, and is used as a benchmark for assessing market conditions and price trends.
"Based on actual transaction prices, apartment prices this month have risen by about 3% compared to last month."
Related slang words
SubcontractThis refers to illegal business practices in real estate transactions, such as inflating the contract price **above** the actual transaction price in order to secure more favorable loan limits or financing terms.Right of occupancyThis is the right granted to members of a housing association in redevelopment or reconstruction projects to move into a new apartment.Pre-sale rightsThis refers to the right to move into an apartment after it is completed, following a successful application for the apartment.Undervalued ContractIllegal practices involving the preparation or reporting of contracts at amounts lower than the actual transaction price in order to reduce taxes such as capital gains taxAsk priceThis refers to the price a buyer or seller offers in the market, which may differ from the actual transaction price.Day tradingThis is an investment strategy in which investors buy stocks, real estate, or other assets and immediately resell them to profit from short-term price fluctuations.Sold outThis means that all units (particularly apartments and pre-sale units) have been sold (contracted) within a short period of time and are now sold out.topknotThis refers to a situation where one has purchased assets such as stocks or real estate at their peak prices, making it highly likely that a loss will be incurred.