What happened, and who moved.
Korea's 2026 tax reform will count up to three years spent away for schooling, job transfers, illness, or caring for parents as residence for comprehensive real estate tax deductions, with a one-year prior-residence requirement.
Korea's 2026 tax reform will impose up to 7 times more comprehensive real estate tax on non-resident single-home owners than residents, with deductions cut to 900 million won for non-residents.
Naver unveiled its AI factory deal structure with Nvidia and Brookfield, using a 9 billion dollar SPV to own GPUs and data centers while minimizing financial risk.
Nonghyup mutual finance bad loans surged 5.5-fold in 4.5 years to nearly 23 trillion won. Korea's government eases rules to let co-ops clear real estate NPLs via a specialized fund.
A commentary argues that Korea's central and local governments must cooperate to expand housing supply, easing relocation loan rules and speeding urban redevelopment rather than shaking the ultra-high-end market.
SK Telecom establishes SK Hyper to invest 750 billion won and build 15GW of AI data centers by 2035, transforming from a telecom carrier into an AI infrastructure architect.
SUMMERSIDE, P.E.I. — There was once a time when the Port of Summerside needed all the dry storage capacity it could get, but those days are long past and the facility’s stewards believe it’s time for something new. Roughly two-thirds, or 25,000 square feet, of the port’s existing marine terminal warehouse space is…
But soaring imports (data-center components), a drop in federal government spending, and changes in private inventories ate into GDP growth.
After reaching a three-year high last month, the Federal Reserve’s preferred inflation gauge eased in June following declines in energy prices amid a temporary truce with Iran. This marked the first monthly decline in six years. However, the resumption of conflict and a rebound in oil prices have reignited…
Today’s housing market rewards patience over panic: With hundreds of thousands more sellers than buyers in the U.S., buyers in most of the country have time to peruse options and negotiate. U.S. pending home sales fell to their lowest level since early April during the four weeks ending July 26, dropping 1.7% in…
Korea's land ministry uncovered 346 suspected illegal real estate deals near new housing supply sites, including corporations falsely reporting contract dates and prices in 249 cases.
Daewoo E&C is expanding into Southeast Asia with Vietnam and Indonesia as key bases, pursuing new city developments, data centers, nuclear power, and railway infrastructure projects.
Takeaway: Mortgage rates will largely stay the same for now as the Fed opts against hiking and says little about future plans. There was a historically high level of uncertainty going into this meeting, but ultimately, the Fed decided against hiking today because financial markets did their work for them. The…
US AI data center power shortages are driving orders for Korean suppliers of Bloom Energy's SOFC fuel cells, with Amosense, Coseus, and Seojin System expanding contracts and capacity.
Seoul apartment sales hit a yearly low of 5,065 in June as tax reform looms, with July land permit applications down 14.7% and housing affordability burden at a 3-year high.
A median-income Seoul household earning 5 million won a month must spend 46% of income on loan repayments to buy a home, as the housing affordability index hit a three-year high of 179.3.
Seoul's Housing Affordability Index hit 179.3 in Q1, the highest in over three years, meaning median-income households must spend about 46% of monthly income on home loan repayments.
The number of Canada-based Redfin.com users searching for U.S. homes fell 15.3% year over year in June. Over the last two years, Canadian searches for U.S. homes have dropped roughly 37%. Canada-based home searches declined in 45 of the 50 most populous U.S. metros, with the biggest drops in San Antonio (-51.8%),…
A commentary on Korea's real estate tax system, which encouraged "smart single home" concentration and now aims to raise taxes on ultra-high-priced homes, urging a responsible transition.
Nvidia has reportedly signed a lease worth up to $50 billion for a 1GW Texas data center built by Hut 8, reigniting circular financing concerns in the AI infrastructure market.
HUG CEO Choi In-ho explains how financial guarantees serve as the invisible foundation behind Korea's housing supply, from public housing projects to PF special guarantees and tailored products.
Korea's government will keep comprehensive real estate tax rates unchanged for ultra-luxury single homes but cut deductions, raising tax burdens at both ownership and transfer stages.
Korea's government plans to develop key public sites in Seocho and Yeouido, plus vacant school lots, and revive urban complex projects to expand Seoul housing supply.
Korea's government is reviewing a shift to value-based comprehensive real estate tax on ultra-luxury homes, which could slow prime-area demand but worsen supply shortages without lower transaction taxes.
Nashville is the nation’s second-strongest buyer’s market with 129% more home sellers than buyers in June. In other words, Nashville has more than two home sellers for every buyer actively in the market. Years of steady homebuilding, fast home-price appreciation and higher mortgage rates have shifted Nashville’s…
Kakao, Woori Bank, and Shinhan Bank's mega data center project in Namyangju has stalled after regulators suspended its review over 300 MW power and water supply concerns.
Korea's government plans to include the Seoul Regional Procurement Office, an LH Yeouido site, and closed school sites like Cheongdam High School in upcoming housing supply measures.
Korea's plan to base its comprehensive real estate tax on asset value may ease the "premium home" rush in Gangnam and the Han River belt but could deepen a supply freeze, experts say.
South Gyeongsang Province has landed Korea's first 100MW defense-only AI data center in a 1.6555 trillion won deal, creating 200 ICT jobs and boosting defense AI R&D.
Naver pursues a $10 billion AI factory with Nvidia and Brookfield, while SK Telecom and Samsung SDS partner with Nvidia and Anthropic, positioning Korea as a global AI data center hub.
Korea plans to shift its comprehensive real estate tax base from the number of homes owned to combined property value, overhauling the system for the first time in four years.
KB Kookmin Bank nearly tripled its real estate PF credit support to 3.376 trillion won in H1 2025, accounting for 40.6% of Korea's four major banks, to back redevelopment projects.
Korea plans to overhaul its comprehensive real estate tax, targeting ultra-high-value homes worth 3-4 billion won in assessed value while considering raising the 1.2 billion won basic deduction for single-home owners.
Korea Land and Housing Corporation (LH) is set for a sweeping executive reshuffle under new President Lee Sung-hoon, aiming to accelerate government housing supply policy.
UAE consumers are shifting toward more pragmatic purchasing decisions, with demand rising for affordable used vehicles under Dh100,000 and mid-term rental properties of 29+ nights, reflecting changing attitudes toward value and flexibility.
Opinion piece argues that Los Angeles' Measure ULA transfer tax is suppressing multifamily housing production and causing significant economic harm, citing a RAND report showing 30% decline in apartment building starts and 16,650 lost construction jobs since 2023.
Korea's Presidential Office announced an AI data center (AIDC) investment cooperation deal with global Big Tech firms on a scale of 2 million GPUs.
In the South, inventory for sale was up 71% from 2019, while sales were down 8%. Homebuilders are very motivated to make deals.
Korea's Land Minister Kim Yun-duk and Seoul Mayor Oh Se-hoon met to discuss housing supply expansion and easing redevelopment regulations, though no specific 10,000-unit Yongsan plan was agreed.
Korea's FSC plans to ease group loan caps for housing supply while cutting the jeonse loan public guarantee ratio to 70% and restricting non-resident single-home owners, with measures due by the 30th.
Korean real estate experts say the government's public-led "supply at all costs" push cannot solve the housing crunch alone, urging a four-pronged approach as Seoul apartment prices rise for 75 straight weeks.
SK Telecom will establish SK Hyper, a subsidiary dedicated to AI data centers, investing 750 billion won by 2030 to build 15GW of infrastructure across Korea.
New listings inched up week over week, but they’re near their lowest level since the start of 2026. Still, there are many more sellers than buyers in the market, giving buyers negotiating power. U.S. pending home sales fell 1.3% week over week to their lowest level in three months during the four weeks ending July…
President Lee Jae-myung vowed to review cutting third-phase new town construction to less than half and to scout land sites by helicopter, at a national real estate policy debate.
Experts clash over reviving Korea's non-apartment housing supply, debating tax and financial support versus concerns that villas and officetels lack real market demand.
Professor Jin Mi-yun warns Korea's housing supply pipeline is breaking down, not facing a temporary shortage, and proposes six tasks to restore supply and ease housing costs.
At Korea's National Public Debate on Real Estate Policy, calls mounted to ease relocation loan rules for redevelopment, as multi-home owner limits raise costs and delay projects.
Apartment price gains are cooling in Dongtan and Yeongtong but spreading to Bundang (0.58%) and Suji (0.50%) in southern Gyeonggi, per Korea Real Estate Board data for the third week of July.
President Lee Jae-myung pledged to halve the delayed groundbreaking time for third-phase new towns and said the government aims to normalize the housing market rather than forcibly lower prices.
Promising another morose summer in the housing market.
South Africa faces a mounting housing backlog of 3 million units, exacerbated by recent court rulings affecting the sector.
70 Seoul redevelopment zones remain stalled despite receiving management and disposal plan approval, as construction cost disputes and low profitability slow groundbreaking across the city.
LS ELECTRIC and LG Uplus signed an MOU to jointly develop DC-based power infrastructure for AI data centers, targeting Nvidia's Vera Rubin platform with 800V DC technology.
Korea's national net worth rose 2.2% to 24,561 trillion won in 2024, while housing market value jumped 8%, the largest increase since 2021, the Bank of Korea said.
Seoul's ultra-high-end apartment market is rebounding as Apgujeong's Shin Hyundai 12 set a record at 11.25 billion won, though transactions have halved ahead of a tax overhaul.
Thailand's Board of Investment reported first-quarter investment applications exceeding one trillion baht across 600+ projects, with strong demand led by data centers, AI infrastructure, and advanced electronics sectors.
Coverage of new hyperscale data center investment activity in Thailand and its impact on the country's digital infrastructure and economy.
Governments and local authorities across multiple countries are implementing stricter regulations on data centre developments to manage resource demands driven by artificial intelligence expansion.
Canada's housing construction activity slowed in June with new housing starts falling 6% month-over-month, according to CMHC data, coming in below market expectations.
China is accelerating execution of pre-approved infrastructure and real estate projects as an alternative to broad fiscal stimulus, amid tightened controls on local government borrowing.