Real estate
Real Estate Policy
Curbing Housing Prices vs. Protecting Vulnerable Borrowers… The Dilemma of Interest Rate Hikes
The Bank of Korea, which had been aggressively tightening monetary policy with consecutive rate hikes in July and August, has shifted into neutral for the time being. While emphasizing the need to cur…
Property News
[Exclusive] “I Was Selected, But My Application Was Rejected”… 7% of Housing Lottery Winners Deemed ‘Ineligible’
It has been revealed that 7% of lottery winners were deemed “ineligible” after being selected despite not qualifying for the housing lottery—such as because they already owned a home. This appears to …
Construction Industry
SAMSUNG C&T CORPORATION Enters U.S. Next-Generation SMR Market… Invests $70 Million
SAMSUNG C&T CORPORATION(028260) ’s Construction Division is entering the U.S. next-generation small modular reactor (SMR) market. Following its partnership with U.S. nuclear power developer Kairos Pow…
Construction Industry
DaewooEngineering&Construction Expands Its Nuclear Power and Energy Business… Here’s the Secret
DaewooEngineering&Construction(047040)is expanding its presence in the global energy market. Observers credit this growth to Chairman Jeong Won-ju’s hands-on approach to local management and his effor…
Construction Industry
SAMSUNG C&T CORPORATION Wins Contract for Seongsu District 3 Redevelopment Project Worth 1.8 Trillion Won
The construction division ofSAMSUNG C&T CORPORATION(028260) has been awarded the contract for the Seongsu 3 District redevelopment project in Seongdong-gu, Seoul, with a construction cost of 1.8275 tr…
Real Estate Policy
A 2.6 billion apartment—unbelievable, and it happened in less than a year… What happened in Daechi-dong
While high-end apartments in the Gangnam area have entered a correction phase due to the government’s loan regulations and tax reforms, housing prices in Daechi-dong and Mok-dong—Seoul’s premier schoo…
Property News
'Real Estate Policy Remains Unchanged': Lee Says, “Price Declines in Gangnam and Rises in Outlying Areas Are Part of a Stabilization Process”
President Lee Jae-myung reaffirmed his intention to continue the existing real estate policy framework of increasing housing supply while curbing loans that stimulate demand. He also maintained his st…
Construction Industry
HyundaiEngineering&Construction to Lead Government-Funded Project to Design a 100 MW Large-Scale Water Electrolysis Plant
HyundaiEngineering&Construction announced on the 18th that it will lead a government-funded project titled “Development of Design Technology for Large-Scale Water Electrolysis Plants of 100 MW or More…
Property News
"Give Up 100 Million After 30 Years Here" Protest… What's Happening at the Eunma Shopping Center in Daechi?
A dispute continues as tenants of commercial spaces in the Eunma Apartment complex in Daechi-dong, Gangnam-gu, Seoul, are demanding relocation compensation of approximately 100 million won—equivalent …
Property News
Korail Moves to Introduce ‘370 km/h’ EMU-370 High-Speed Trains
Korea Railroad Corporation (Korail) is set to begin manufacturing the “EMU-370,” the nation’s fastest next-generation high-speed train capable of reaching 370 km/h, in collaboration with HYUNDAI ROTEM…