Real Estate
"Straight Home from the Station?"… A Look at Three Apartments in Seoul Priced Around 700 Million Won [Virtual Tour]
Gil-eum-dong in Seongbuk-gu, Seoul, is home to a mix of older apartment complexes and redevelopment sites centered around Gil-eum Station on Subway Line 4. The area is close to Gil-eum New Town, offer…
Real Estate
[Exclusive] Number of Foreigners Receiving Rent in Korea on the Rise... Rental Income Up 32% in 4 Years
It has been revealed that rental income earned by “foreign landlords” collecting rent in South Korea has surged to 84.2 billion won in a single year. The number of homes owned by foreigners surpassed …
Real Estate
'20,000 People' Are Flocking In... Sejong Real Estate 'Buzzing' Ahead of Institutional Relocation
On the 7th, the owner of a 99-square-meter unit in the Leaders Foret complex at Naritjae 1-dong, Naseong-dong, Sejong City, decided to raise the asking price by 50 million won from the original 1.2 bi…
Real Estate
If Housing Prices Don’t Fall… Will Nowon, Gwanak, and Jungnang Also Be Subject to the “Comprehensive Real Estate Tax” in Four Years?
Amid continued rises in home prices, forecasts suggest that the tax burden on apartment owners in Seoul will increase significantly if the Comprehensive Real Estate Tax (CRET) is reformed. By 2030, ow…
Real Estate
"Wait and See"… Apartment Move-In Outlook Plummets as Regulations Pour In
On the 11th, it was revealed that the nationwide apartment occupancy outlook index, which had been rising sharply for three consecutive months, fell slightly this month. In particular, the occupancy o…