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.
Published by Seoul Economic Daily (English). Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
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.
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.
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.
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