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Hyundai E&C Introduces ‘Home to Car – Car to Home’ Service

Hyundai E&C Introduces ‘Home to Car – Car to Home’ Service

SEOUL, July 22 (Korea Bizwire) — Hyundai Engineering & Construction Co., a major builder in South Korea, said Wednesday that in collaboration with Hyundai Motor Group, it will introduce a ‘Home to Car – Car to Home’ service using built-in sound recognition devices. The service uses Hyundai E&C’s ‘Voice Home’ built-in sound recognition system that [...]

Young S. Koreans Archive Old Apartments amid Nationwide Craze for New Residences

Young S. Koreans Archive Old Apartments amid Nationwide Craze for New Residences

SEOUL, July 16 (Korea Bizwire) – Every weekend, mechanical engineer Choi Jong-eon packs his Sony camera and heads out to take photos of decades-old apartments in Seoul. Choi, 31, is among a growing number of South Koreans looking at the old, often neglected apartments with new perspectives — as a subject worth attention and documentation. [...]

Mobile Real Estate Apps Offer 3D Apartment Tours

Mobile Real Estate Apps Offer 3D Apartment Tours

SEOUL, May 20 (Korea Bizwire) — The spread of contactless transactions following the onset of the coronavirus pandemic is changing the landscape of the market for so called ‘proptech’ firms, those dealing with technology purpose-built for the real estate market. Zigbang Co., South Korea’s top real estate info application, recently introduced a 3D apartment complex [...]

Apartment Prices in Seoul Have Kept Rising Despite 25 Rounds of Countermeasures by Moon Gov’t

Apartment Prices in Seoul Have Kept Rising Despite 25 Rounds of Countermeasures by Moon Gov’t

SEOUL, March 3 (Korea Bizwire) — Apartment prices in Seoul have continued to rise under the Moon Jae-in government, except for four months, despite a string of measures to stabilize the market, a civic group survey showed Wednesday. Such a policy failure has sharply widened the gap in the values of assets owned by homeowners [...]

Seoul’s Apartment Prices Rise 4.5 Times Higher Under Moon than Under Preceding Two Gov’ts

Seoul’s Apartment Prices Rise 4.5 Times Higher Under Moon than Under Preceding Two Gov’ts

SEOUL, Nov. 11 (Korea Bizwire) — Seoul’s apartment prices surged 58 percent during the presidency of Moon Jae-in, which is 4.5 times the increase rate of the combined period of the preceding Lee Myung-bak and Park Geun-hye governments, a civic group said Wednesday. The Citizens’ Coalition for Economic Justice (CCEJ), a leading progressive civic group, [...]

Inter-floor Noise Test Made Mandatory After Apartment Construction

Inter-floor Noise Test Made Mandatory After Apartment Construction

SEOUL, June 10 (Korea Bizwire) — Starting in July 2022 at the latest, all construction firms will be required to meet regulations on inter-floor noise before acquiring construction permits. The Ministry of Land, Infrastructure and Transport announced Tuesday that it will require construction firms to pass a test to determine how well each floor blocks [...]