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Seoul Apartment Sales Plunge After New Property Curbs, With Han River Belt Hit Hardest

Seoul Apartment Sales Plunge After New Property Curbs, With Han River Belt Hit Hardest

SEOUL, Dec. 7 (Korea Bizwire) — Seoul’s apartment market has slipped into a sharp slowdown following the government’s October 15 real estate policy, with transaction volume dropping steeply and demand in key Han River districts all but evaporating, government data show. According to the Ministry of Land, Infrastructure and Transport’s real transaction system, there were 2,372 [...]