Tag: RealEstate

RealEstate

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Finance Minister Koo Yoon-cheol, center, speaks during a press briefing at the government complex in Seoul on Oct. 15. [YONHAP]

Govt' to 'rationalize' property tax system: finance minister

Finance Minister Koo Yoon-cheol said Wednesday the government will soon propose a comprehensive plan to "rationalize" the real estate taxation system, amid rapidly rising housing prices in the wider Seoul area.

2025.10.15

A screen grab of Rsquare's Singaporean property listing database [RSQUARE]

Real estate brokerage Rsquare opens Singapore database

Real estate brokerage Rsquare finished compiling an online property listing database for Singapore, starting business in the country.

2022.6.2

Most popular

[Lifehacks] Your guide to finding a home away from home in Korea

Student housing options in Korea vary from on-campus dormitories to a whole range of off-campus rentals, as the choice between the two often comes down to what sort of lifestyle you want.

2022.5.19

Seoul sees first apartment price decreases of the year

Eunpyeong District in northern Seoul this week became the first place in Seoul this year to see apartment prices start to fall.

2021.12.24

View of apartrment in Seoul from Mount Namsan on Sunday. As the government assessed value rose, tax burden have increased, increasing the number of people asking for paying property taxes in installment. [YONHAP]

Property owners are feeling the tax pinch

According to People Power Party (PPP) lawmaker Kim Sang-hoon on Monday, the number of people asking to pay property taxes in installments in Seoul last year amounted to 1,478 -- six times larger than the 247 requests made in 2019.

2021.5.24

Ownership of land by foreigners increases rapidly

Foreign ownership of property is growing quickly, with Chinese purchases rising especially fast.

2021.4.22

The tipping point

The scandal over property investment by employees of the Korea Land & Housing Corp. (LH) has triggered public disgust and anger as it involves two sensitive issues in Korea — real estate and injustice. The impact of the inside...

2021.3.8

Jeon Myeong-hee, realtor and the head of Byeoljib Real Estate Agency. [YU YEONG-JUN]

This realtors offers homes not houses

Jeon Myeong-hee, a realtor and the head of Byeoljib Real Estate Agency, thought the way houses are traded is based way too much on price and location and that there needs to be more sentimental approaches.

2020.9.1

Three friends, from left, Ahn Byeong-il, Kim Min-jeong and Cho Eun-seon, moved to Ganghwa Island, Incheon in March after they built a house together on the island. [WOO SANG-JO]

Three is not a crowd in these friends' new home

Real estate prices in Korea are setting records high every day as if the sky is the limit. So it comes as no surprise that the housing instability issue is deepening concerns of young generations