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Gov’t to Not Authorize Apartment Completion Unless Inter-floor Noise Level Meets Standards

Gov’t to Not Authorize Apartment Completion Unless Inter-floor Noise Level Meets Standards

SEOUL, Dec. 11 (Korea Bizwire) – The land ministry said Monday it will not authorize the completion of newly built apartments if inter-floor noise levels fail to meet accepted standards. As part of measures to tackle widespread social problems surrounding noise disputes between neighbors, the ministry said it will also strengthen quality control by measuring [...]

Hyundai E&C’s Hillstate Tops 2023 Best Apartment Brand Rankings

Hyundai E&C’s Hillstate Tops 2023 Best Apartment Brand Rankings

SEOUL, Nov. 3 (Korea Bizwire) – In this year’s Best Apartment Brand rankings, Hillstate by Hyundai E&C has claimed the top position. According to the 2023 Best Apartment Brand survey conducted by Real Estate R114 and Hankook Research, involving 4,029 adults nationwide from October 4 to 17, Hillstate has secured first place in the overall rankings, [...]

Over Half of Apartment Buyers Are Individuals in 30s and 40s, with ‘Chopuma’ Gaining Rising Popularity

Over Half of Apartment Buyers Are Individuals in 30s and 40s, with ‘Chopuma’ Gaining Rising Popularity

SEOUL, Oct. 18 (Korea Bizwire) – More than half of this year’s apartment buyers are in their 30s and 40s, and there is a growing preference for ‘chopuma’—a term used to describe apartment complexes adjacent to elementary schools. According to the Korea Real Estate Board on Tuesday, the total number of individuals who purchased apartments nationwide in [...]

Samsung C&T to Launch Art Gallery Service in Apartment Complexes

Samsung C&T to Launch Art Gallery Service in Apartment Complexes

SEOUL, July 18 (Korea Bizwire) — Samsung C&T Corp.’s construction division has announced plans to launch an Art Gallery service that connects artwork installation and purchasing within its apartment complexes. In order to provide this service to the residents, the construction division intends to establish a strategic partnership with the art auction platform Flea Auction. [...]

Changing Apartment Preferences: Green Spaces and Comfort Take Priority in Korea’s Housing Market

Changing Apartment Preferences: Green Spaces and Comfort Take Priority in Korea’s Housing Market

SEOUL, July 9 (Korea Bizwire) — The criteria for Koreans choosing an apartment, the most common form of housing in the country, are undergoing a transformation. In the past, the proximity to subway stations, known as ‘Yeokssekwon’ or station areas, was considered an essential factor due to its emphasis on transportation convenience. However, there is [...]

Determined Top Management Drives GS E&C’s Apartment Complex Reconstruction

Determined Top Management Drives GS E&C’s Apartment Complex Reconstruction

SEOUL, July 7 (Korea Bizwire) — GS Engineering & Construction Co.’s decision to reconstruct the apartment complex, where an underground parking lot collapsed, is known to be driven by the determination of its top management, industry sources said Thursday. The company initially issued a written apology after the Ministry of Land, Infrastructure, and Transport briefed [...]

Memorial Banner Removal Exposes Workplace Bullying and Classism in S. Korean Society

Memorial Banner Removal Exposes Workplace Bullying and Classism in S. Korean Society

SEOUL, March 17 (Korea Bizwire) — Controversy surrounding the removal of a memorial banner has shed light on the issue of workplace bullying and classism in South Korean society. The banner, which was hung at an apartment complex in Seoul to commemorate a security guard who took his own life due to workplace abuse, was [...]