U.S. President Donald Trump's upcoming meeting to negotiate a nuclear agreement on Korean Peninsula with DPRK leader Kim Jong-un has ignited a land-buying frenzy along South Korea's heavily fortified demilitarized zone. Jack Barton has this report from the DMZ. 

No need to build a fence. These rice paddies are secured by barbed wire and military check posts on one side, an anti-tank wall on the other including an access road full of explosives, ready to blow.

You might think selling farmland around South Korea's side of the demilitarized zone would be an uphill battle, but it's the buyers who are on the offensive.

JACK BARTON DMZ, PAJU, SOUTH KOREA "Seoul's swank Gangnam district is normally the hottest real estate in South Korea. According to the government, prices rose an impressive nine percent there between February and March. But compare that to here in Paju district, right on the edge of the DMZ where over the same period prices skyrocketed a whopping 100 percent."

Local real estate agent says since the historic summit between the leaders of the divided peninsula, prices have continued to soar, particularly in the high-security buffer zone.

CHO BYUNG-WOOK HEAD OF TEA YOUNG REAL ESTATE "This is the DMZ. From this road to this dotted line is the civilian control area. Here is out of the civilian control line, people can get in and out easily, so we can divide it into three different places. So right now the area where the land price is increasing is the civilian control line. Right after the inter Korean summit the truce village of Panmunjom prices went up by 50 to 100 percent."

Buyers are pinning their hopes on the potential summit between Kim Jong-un and Donald Trump.

LEE EUN-KYUNG DMZ LAND OWNER "There are many expectations."

KWAK HAN-JOONG DMZ LAND OWNER "I think unification is important, but first of all its important that a peaceful atmosphere must be created so we expect an atmosphere of living in peace in this area to expand greatly."

This couple plans to farm their land, but for most it's an investment.

KWON DAE-JOONG, DIRECTOR KOREA REAL ESTATE SOCIETY "If the two Koreas build a new industrial complex such as the Kaesong industrial complex, especially with cheap labor from north Korea and the technical skill of south Korea it will be near the Paju border area."

Though buying has slowed since Pyongyang abruptly cut off diplomatic ties and even threatened to pull out of the summit with President Trump.

CHO BYUNG-WOOK HEAD OF TEA YOUNG REAL ESTATE "Some may pause for a while because of fatigue caused by sharp jump of the past two months."

If the Kim Trump summit does happen and progress is made, agents expect the only boom around here in the future to come from property and hopefully not missiles or nuclear bombs. Jack Barton, CGTN, in Paju.