Real estate
Property News
Hong Ji-seon: “Extension of the Land Tax Exemption to Be Decided Based on Market Conditions… Basic Housing Program Is Not a Failure” (Comprehensive)
Hong Ji-seon, nominee for Minister of Land, Infrastructure, and Transport, stated that she will decide whether to extend the land transaction permit zones in Seoul and Gyeonggi Province—which are set …
Construction Industry
DaewooEngineering&Construction Partners with Turkmenistan to Modernize the Karakum Canal
Daewoo Construction ( DaewooEngineering&Construction(047040)) announced on the 16th that it is seeking to foster cooperation with Turkmenistan by joining the “Karakum Canal Modernization Project.”
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Construction Industry
From Home Health Monitoring to AI Consultations… SAMSUNG C&T CORPORATION Launches ‘Wellpi’
Apartment communities will soon be able to measure 37 health indicators—including blood pressure, body composition, and stress levels—and even receive psychological counseling powered by artificial in…
Property News
The housing price surge in the “Seoul Metropolitan Area” has spread to neighboring districts… The “balloon effect” of the land ownership system
It has been about two months since the government designated Dongtan-gu in Hwaseong, Gyeonggi Province; Giheung-gu in Yongin; and Guri City as Land Transaction Permit Zones (LTPZs) to curb the housing…
Property News
Hyundai Motor’s 9 Trillion Investment Turns ‘Sea of Water’ into an Industrial Hub… Saemangeum’s Transformation Gains Momentum [Report]
As we entered the Saemangeum area from Gunsan, North Jeolla Province, a vast reclaimed land area stretched out before us, so vast that its end was barely visible. This is Section 7 of the Saemangeum N…
Development
[Exclusive] Will Demolishing Townhouses and Building Apartments Increase the Housing Supply?…The Paradox of Redevelopment
Although the Seoul Metropolitan Government has emphasized that it has achieved a net increase of 20,000 households over the past three years through urban renewal projects—such as reconstruction (of a…
Property News
SAMSUNG C&T CORPORATION Wins Contract for Mokhwa Apartment Complex Redevelopment in Yeouido… Worth 512.2 Billion Won
SAMSUNG C&T CORPORATION(028260) 's construction division has won the contract for the Mokhwa Apartment redevelopment project in Yeouido, Seoul, with a construction cost of 512.2 billion won. By securi…
Construction Industry
SamsungE&A Wins 4.7 Trillion Won Fertilizer Plant Contract in Saudi Arabia
SamsungE&A has secured a fertilizer plant project worth approximately 4.7 trillion won in Saudi Arabia. SamsungE&A will serve as the sole contractor for the design, procurement, and construction (EPC)…
Property News
Moms in Daechi-dong Are Already on “High Alert”… A Rent and Lease Crisis Is Coming Due to the School District Rush
Following Daechi-dong in Seoul, apartment reconstruction projects are gaining momentum in major school districts such as Mok-dong and Gwangnam (near Gwangnam Elementary, Middle, and High Schools in Gw…
Market Trends
'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…