Real estate
Construction Industry
e-Pyeonhan Sesang Bucheon Urban Square Draws Attention for Its Dual Proximity to Transit Hubs and Specialized Design
DL E&C CO., LTD. announced on ~ that it is currently offering units for sale at “e-Pyeonhan Sesang Bucheon Urban Square” in the Sosa-dong area of Wonmi-gu, Bucheon, Gyeonggi Province.
(Photo courte…
Real Estate Policy
Kim Yun-deok: “We Will Not Build Houses in the Yongsan Children’s Garden”… Damaged Land Under Review
While the government has left open the possibility of using Seoul’s Yongsan Park to increase housing supply, Minister of Land, Infrastructure, and Transport Kim Yun-deok drew a clear line regarding th…
Development
“‘If We Fix the Sewage Treatment,’ We Won’t Envy Apgujeong”… A Visit to Tancheon Following Oh Se-hoon’s Counterproposal [Report]
On the 26th, it took just over five minutes to walk from Daecheong Station on Subway Line 3 in Ilwon-dong, Gangnam-gu, Seoul. The entrance to Maru Park at the Tancheon Water Recycling Center lies amon…
Construction Industry
SAMSUNG C&T CORPORATION Submits Sole Bid for ‘2 Trillion Won’ Yeouido Pilot Apartment Reconstruction Project
SAMSUNG C&T CORPORATION(028260) ’s construction division was the sole bidder in the tender to select a contractor for the redevelopment of the Yeouido Pilot Apartments, considered the largest redevelo…
Market Trends
"Is a '1.58 billion won' Jeonse in Jamsil for real?"…Even the move-in season effect isn't working
A 84-square-meter unit at Jamsil Els in Jamsil-dong, Songpa-gu, Seoul, set a record high when a lease agreement was signed for 1.58 billion won on the 7th. An 82-square-meter unit at Hyundai 2nd Apart…
Property News
Will Tax Rules for 'Single-Home Non-Residents' Change?… Homeowners and Buyers Say, "Let's Wait and See"
Less than a month after the government unveiled its real estate tax reform plan, discussions on revising key provisions have begun, further complicating the housing market landscape. With the possibil…
Real Estate Policy
Oh Se-hoon Meets with Kim Yun-deok: “We’re on ‘Different Wavelengths’ Regarding Yongsan Park… Part of the Site Won’t Be Developed Either”
Seoul Mayor Oh Se-hoon stated that following his meeting with Minister of Land, Infrastructure, and Transport Kim Yoon-deok, “we were at an impasse regarding Yongsan Park.” Although a compromise propo…
Property News
"Is It the 'LH Sucker Theory' or an 'Invasion of Property Rights'?..." What Will Happen to "Jjup-Jjup"?
Attention is focusing on the purchase method following the decision—made as part of the August 13 real estate measures—that the Korea Land and Housing Corporation (LH) will prioritize purchasing any r…
Property News
1,000 Homes to Be Built on a 20-Year-Old “Eyesore” Golf Course… A Visit to Seoul’s Only New Residential Development Site [Report]
There is a plot of land along the Han River in Seoul where time has stood still for 20 years. It is the damaged area of Yeomchang Neighborhood Park in Gangseo-gu, which the government designated as th…
Property News
"Both Parenting and Our Careers Are in Shambles"... Dual-Income Couples Struggle Amid Stricter Residency Requirements
Ms. A, a working mother raising two children aged 40 months and 10 months, is planning to move next year. Since she has been leaving her second child with her in-laws since returning to work, she inte…