News

Foreigners intending to invest in Korean real estate must now reside in the property for two years and obtain approval, aimed ...
SEOUL: South Korea has introduced new restrictions on foreign property purchases in the greater Seoul area, its latest effort to curb housing prices.
South Korea is cracking down on foreigners buying property in the nation’s capital.  On Thursday, the government revealed new restrictions on the Greater Seoul housing market meant to control housing ...
Apartment complexes in Seoul on Oct. 5, 2024. Apartments first began appearing in South Korea in 1960s and 1970s, as part of a government response to a housing crisis in the nation’s capital.
Torrential rain that has battered South Korea’s greater capital region for two days has started easing, but not before ...
Maj. Joseph H. Anderson, KMAG dependent affairs officer, said 206 new houses have been made available for KMAG dependents, 88 o the total being in Seoul, 80 in Taegu and 38 in Pusan.
Holding Onto Korea’s Past, a Tile at a Time The hanok, a traditional home design, has been bypassed in Seoul’s vertical building boom. But some fans are trying to preserve it.
In Seoul, such homes now make up just 10% of the housing stock. Among many younger South Koreans like Lee, they are associated with retirement in the countryside, or, as she puts it: for "grilling ...