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News
Standard Construction Cost Under Sales Price Cap Rises 4.07%... Reflects Increased Safety Investments [Real Estate AtoZ]
12+ hour, 48+ min ago (285+ words) Published 14 Sep.2026 11:00(KST) The standard construction cost, which serves as the basis for setting apartment sales prices under the sales price cap system, will increase by 4.07% after just two months. For a housing unit with an exclusive area of 85 square…...
Seoul Apartment Transactions Freeze Under Lending Curbs and Tax Burden... LTP Applications Hit Record Low
17+ hour, 48+ min ago (210+ words) Published 14 Sep.2026 06:00(KST) Updated 14 Sep.2026 08:49(KST) In August, the number of apartment land transaction permit applications in the Seoul area recorded the lowest since the designation of the land transaction restricted area throughout Seoul in October last year. A panoramic…...
Samsung C&T Wins Mokhwa Apartment Redevelopment in Yeouido, Marking Second Project After Daegyo [Real Estate AtoZ]
1+ day, 13+ hour ago (349+ words) Published 13 Sep.2026 10:04(KST) Samsung C&T Corporation has secured the construction contract for the redevelopment of Mokhwa Apartment in Yeouido-dong, Yeongdeungpo-gu, Seoul, a project valued at over 500 billion won. According to Samsung C&T Corporation on September 13, the redevelopment association…...
Gangnam District Signs 'Win-Win Agreement' with Garosu-gil Building Owners... Lower Rents, Revitalize Commercial Area
1+ day, 15+ hour ago (212+ words) Published 13 Sep.2026 08:21(KST) Seoul's Gangnam District (Mayor Kim Hyunki) has joined forces with building owners to revitalize the Garosu-gil commercial area in Sinsa-dong, where vacant properties have been increasing. Under this initiative, building owners voluntarily lower rent, while the district…...
Non-Resident Single Homeowner with 4.3 Billion Won Property to Pay 4.29 Million Won More in Real Estate Tax Next Year
1+ day, 10+ hour ago (416+ words) Published 13 Sep.2026 13:39(KST) The government has projected that next year's comprehensive real estate holding tax for a non-resident single household owning an apartment valued at 4.3 billion won on the market will increase by approximately 4.29 million won compared to this year....
Ansan City Council Adopts Proposals Urging Real Estate Regulation Easing and Railway Network Expansion
4+ day, 3+ hour ago (766+ words) Published 10 Sep.2026 20:40(KST) The Ansan City Council in Gyeonggi Province has called on the government to revitalize the real estate market and expand the southwest metropolitan railway network. The proposal to revitalize the real estate market, sponsored by Council Member…...
Real Estate Expert Kwangsoo Lee, Previously Noted by President Lee, Warns of Surge: "I Will Stop Commenting"
4+ day, 15+ hour ago (161+ words) Published 10 Sep.2026 08:40(KST) Updated 10 Sep.2026 09:01(KST) Kwangsoo Lee, CEO of Kwangsune Bokdeokbang who has long advocated the theory of declining home prices, criticized the real estate policies of the government and ruling party, announcing that he would refrain from making…...
[Report] "A 66 sqm Unit Transforms into the National Standard"... Inside the Large-Scale Remodeling Project 'The Sharp Bundang Highst"
4+ day, 14+ hour ago (398+ words) Published 10 Sep.2026 09:00(KST) Updated 10 Sep.2026 09:10(KST) "We extended the length of the living room vertically by 2 meters and built a wall next to the kitchen to create a bathroom. The old apartment, originally around 66㎡, has been transformed into a national…...
"Which Apartment Is This? Two-Night 'Open Run' for Lease Contracts, Even Tents Appear"
5+ day, 9+ hour ago (322+ words) Published 09 Sep.2026 14:17(KST) Updated 09 Sep.2026 14:31(KST) As a result, properties previously ignored in sale transactions became highly desirable to end-users when the price and financial structure changed. This suggests that the slump in provincial housing markets should be attributed not…...
So-Young Lee's Non-Owner-Occupied Apartment Value Up by 700 Million Won: "Purchased for Residence, No Capital Gains Realized"
5+ day, 13+ hour ago (316+ words) Published 09 Sep.2026 10:46(KST) So-Young Lee, nominee for Minister of SMEs and Startups, responded to allegations that she earned an on-paper profit of 700 million won over 10 years by leasing out her non-owner-occupied apartment in Seoul on a Jeonse (long-term deposit) contract,…...