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66 reports
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Presale prices for new apartments in Gyeonggi Province rose about 36% in four years, with Guri up 64%, as surging construction costs push non-homeowners…
Korea plans to free greenbelt land near Gangnam, including the Suseo rail depot, to supply over 73,000 homes, with new sites due as early as September.
Korea's prime minister pledges to make housing supply the top priority, visiting construction sites weekly and reporting progress at monthly Cabinet…
Korea will introduce 20-year private rental housing and a jeonse deposit trust that pays landlords 4-5% annual returns, part of an Aug.
Seoul's Yeongdeungpo District won unanimous backing to restrict data centers in residential zones, aiming to revise city ordinances and the Building Act.
Korea's August 13 housing plan names three new public housing districts for 27,000 homes and fast-tracks stalled projects, but defers Gangnam greenbelt…
South Korea unveils the Aug. 13 housing plan to supply 100,000 homes, designating three new public housing districts in Seoul and Gyeonggi.
Married couples jointly owning one home in Korea are not multiple-home owners, but a higher assessment ratio from 2028 can raise their real estate tax…
President Lee Jae-myung called real estate a core problem for South Korea, vowing an all-out housing supply push and pledging to revise laws to secure…
Korea's Land Ministry unveiled a plan to speed up housing supply, adding 27,000 homes near Seoul and cutting the site-to-construction timeline to 37…
Seoul apartment listings surged past 64,000 after the Aug. 3 tax reform, but triple curbs on sales, financing and leasing are freezing transactions.
Knight Frank's monthly tracking of key economic and financial metrics impacting property markets.
Some 10,000 Seoul apartment leases expire this year as a tax overhaul pushes landlords to reclaim rented homes, deepening fears of a jeonse supply crunch.
About 10,000 'two-plus-two' jeonse leases expire in Seoul by year-end as landlords reclaim homes, squeezing rental supply and lifting deposits.
CBRE survey reports improving real estate investor sentiment across Asia-Pacific with net buying intentions at 13% and forecasted investment volume growth of 5–10% in 2025, driven by key markets including Singapore, Korea, and Australia.
About 10,000 "2+2 year" leases in Seoul near expiry as a tax overhaul pushes landlords to move in, tightening jeonse supply and raising tenants' housing…
Korea's rival parties clashed over the government's property tax overhaul and Seoul's housing supply shortage in a National Assembly committee session.
Korea will require real estate agents to disclose shared maintenance costs before tenants sign leases on studios and officetels, effective this month.
The U.S. SEC has exempted AI data center asset-backed securities from disclosure and risk-retention rules, easing funding for tech firms' AI…
Daejeon's Dunsan-dong property market surges after six complexes win "pioneer zone" redevelopment status, with listings down 40% and units hitting record…
Some 545,000 South Korean households live in shanties, greenhouses and motels, a total up 11% since 2020 despite a housing supply ratio above 100%.
South Korea's ruling Democratic Party is moving to ease rules on private redevelopment to boost housing supply in Seoul, targeting construction-cost…
Korea's financial regulator warns overseas property funds can lose all principal and delay repayment, calling them unsuitable for investors seeking to…
South Korea's proposed tax revisions raise the property tax burden on non-apartment landlords, fueling fears of higher rents and a slump in villa…
Korea's deck plate makers, hit by a construction slump, are eyeing semiconductor plants and AI data centers as a lifeline as chip investment revives demand for construction materials.
Korea's party and government weigh tax reform revisions amid public backlash, while Hana Bank halts variable-rate mortgages and Seoul Mayor Oh Se-hoon clashes over housing supply policy.
Gwacheon, which led greater Seoul's 2024 housing surge, saw sale prices at -0.01% and jeonse at -4.36% this year as continuous new housing supply cooled the market.
Rattled by party-exit selfies over its real estate tax reform, Korea's government and ruling party weigh looser home loans for youth and non-homeowners and revitalizing redevelopment.
Gwacheon, dubbed "quasi-Gangnam," saw home prices fall 0.01% and jeonse drop 4.36% this year as continued housing supply from reconstruction and land development stabilized the market.
While concerns that artificial intelligence will reduce office demand persist, recent market data reveals a more complex reality. The prevailing concern is that AI-driven automation could reduce white-collar employment and office space requirements. Yet, Seoul’s Grade A office market lacks evidence of this impact.…
The Trump administration and FCC are drafting a bill to ban imports of new Chinese optical transceivers used in data centers, citing AI infrastructure security concerns.
Seoul's real estate registration filings for collective buildings fell 18.7% year-on-year to 79,220 in July, with Seocho-gu declining most and Gangbuk-gu and Dobong-gu rising.
Combined capital spending by the world's nine largest cloud service providers is projected to jump about 90% this year to $886.7 billion, driven by AI data center expansion, per TrendForce.
Korea's 2026 tax reform expands the comprehensive real estate tax to homes over 2 billion won, quadrupling the burden on non-residents and raising rates on homes above 3.2 billion won.
Owners of Seoul's ultra-high-end homes worth over 5 billion won see no reason to sell despite Korea's real estate tax reform, betting on holding out amid loan restrictions.
Apartment prices in Seoul's Nowon-gu and Seongbuk-gu surged over seven to ten times year-on-year as anxious buyers flooded in, exposing weak trust in government housing supply plans.
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.
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.
Korea's office rents rose 0.42% in Q2 2026 on business district demand, while retail rents fell 0.03% amid weak consumption. Office vacancy hit 9%, general retail 13.4%.
A Real Estate 114 survey of 1,602 people found 56% expect Korea's housing sales prices to rise in the second half, with jeonse and monthly rent also facing upward pressure.
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.
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.
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.
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'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.
Korea's land prices rose 1.22% in the first half of 2026, with Seoul the only region to beat the national average at 2.32%, according to MOLIT and the Korea Real Estate Board.
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.
Occupancy across the Bay Area’s flagship power centers reached its strongest level since early 2022 during the second quarter, propelled by East Bay absorption and a wave of large-format retailers—led by Korean grocer H Mart—reclaiming space that vanishing open-air centers can no longer offer. The Bay Area’s…
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.
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.