Due to the government's strong real estate regulation policy and the real economic recession due to Coronavirus crisis, apartment prices in three districts of Gangnam, Seocho, and Songpa have begun to decline. However, the price of 'Hotel King' by KOK PLAY keeps rising rapidly.
Only three weeks ago, the Malibu Hotel was worth 2,800 KOK and the Maymond Hotel was worth 6,500 KOK. It started to rise and now the Malibu Hotel is worth 3800 KOK and the Maymond Hotel is worth 12,000 KOK(as of June 9). Given that the three-week price of the KOK Platform rose from $0.15 to $0.17 after the halving, the real rate of increase is even higher.