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News
Gangnam District Signs 'Win-Win Agreement' with Garosu-gil Building Owners... Lower Rents, Revitalize Commercial Area
1+ day, 14+ 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, 9+ 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, 2+ 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…...
Japanese Millennials Buy Homes With 50-Year Mortgages as Homeownership Rate Hits Record High
1+ week, 14+ hour ago (135+ words) Published 07 Sep.2026 08:53(KST) Updated 07 Sep.2026 10:03(KST) The homeownership rate among households in their 20s in Japan has exceeded 40%, reaching its highest level since records began. For a long time, Japan’s younger generation had opted not to buy homes. After the economic…...
Seoul Apartment Transactions Plunge 60% in August as 90% Occur Outside Gangnam Districts
1+ week, 13+ hour ago (372+ words) Published 07 Sep.2026 09:31(KST) Updated 07 Sep.2026 09:33(KST) Last month, the volume of apartment transactions in Seoul plummeted by nearly 60% compared to the previous month, with the proportion of transactions in the three Gangnam districts dropping below 10%. There are growing projections that,…...
Samsung C&T Enters Race for 2.4 Trillion Won Mokdong 13 Complex...Collaborates with 'One Bailey' US Architect [Real Estate AtoZ]
1+ week, 4+ day ago (223+ words) Published 03 Sep.2026 09:38(KST) The construction division of Samsung C&T Corporation is teaming up with an American architectural firm as it seeks to win the reconstruction project for Mokdong 13 Complex in Seoul, a project valued at 2.4 trillion won. On September…...
Seoul Approves Review for 76 Youth Rental Housing Units Near Gubeundari Station in Gangdong-gu
3+ week, 1+ day ago (335+ words) Published 23 Aug.2026 11:15(KST) A total of 76 newly built purchased rental housing units for young people will be constructed on the site of aging buildings near Gubeundari Station in Gangdong-gu, Seoul. A bird's-eye view of 336-4 Gildong, Gangdong-gu, Seoul. Seoul City On…...
Seoul to Begin Construction on 40,000 Moa Housing Units by 2031... Project Timeline Shortened by 1.5 Years
3+ week, 1+ day ago (497+ words) Published 23 Aug.2026 11:15(KST) On August 23, the Seoul Metropolitan Government announced that it will actively implement the 'Accelerated Integrated Moa Town Promotion Plan' to expedite the groundbreaking of Moa Housing and Moa Town projects. Seoul City Hall CI. The Asia Business Daily…...
Gangnam Redevelopment Listings Surge Over 40% Following Real Estate Tax Reform
3+ week, 2+ day ago (231+ words) Published 22 Aug.2026 07:00(KST) Following the announcement of plans to strengthen the comprehensive real estate holding tax on ultra-high-priced homes valued at 4 billion won or more, the number of listings for redevelopment apartment complexes in Seoul’s Gangnam area surged by more…...
Dong District of Jeonnam Gwangju Launches Public-Private Partnership Vacant House Remodeling Project
3+ week, 3+ day ago (234+ words) Published 21 Aug.2026 10:34(KST) Dong District of Jeonnam Gwangju Integrated Special City announced on August 21 that it held a signing ceremony to promote the "Public-Private Partnership Vacant House Remodeling Project" utilizing vacant houses. This project marks the nation’s first case in…...