SEOUL, Jun. 5 (Korea Bizwire) — The Seoul Housing and Communities Corporation (SH) has implemented a firewall system between households to protect the privacy of each home network. In the age of smart homes, where an increasing number of household functions are being connected to the internet, a need for network privacy is becoming more [...]
SEOUL, Mar. 13 (Korea Bizwire) — Seoul’s city government plans to intervene in redevelopment and reconstruction projects led by the private sector. Deputy Mayor Jin Hee-sun of the Seoul Metropolitan Government’s Urban Regeneration Headquarters announced the city’s comprehensive plan for urban and construction innovation on Tuesday. The plan involves the city providing guidelines on the [...]
SEOUL, Feb. 4 (Korea Bizwire) — While many families leave for their hometown to visit their families during the Lunar New Year holiday, there are many houses full of people gathered to meet relatives and families. Children gathered at their grandparents’ house run around with their cousins filled with joy after receiving pocket money. For [...]
SUWON, Nov. 7 (Korea Bizwire) — The Gyeonggi Provincial Council’s Urban Environment Committee passed a bill on the revised ordinance on managing and supporting apartment complexes in Gyeonggi Province. The bill involves subsidizing a certain portion of the costs being paid to mobile carriers when using smartphones to electronically vote to determine or change the [...]
SEOUL, Nov. 4 (Korea Bizwire) — The price gap between South Korea’s most expensive apartments and its cheapest ones widened to a more-than-seven-year high last month amid an overheated urban real estate market, industry data showed Sunday. According to the data compiled by Kookmin Bank, apartment prices in the top 20 percent group reached an [...]
SEOUL, Oct. 31 (Korea Bizwire) — The first apartment complex in South Korea armed with an air filtering function has made its reveal. The Seoul Housing & Communities Corp. (SH) painted the exterior of an apartment complex in Seoul with a type of photocatalyst paint that helps remove nitrogen oxide and sulfur oxides, the main [...]
SEOUL, Oct. 5 (Korea Bizwire) — A survey has found that 80,000 South Koreans own five or more housing units that are being rented out to tenants. According to an analysis by Liberty Korea Party Rep. Kim Sang-hoon of data provided by the Ministry of Land, Infrastructure and Transport (MOLIT), 6.14 million people owned a [...]
SEOUL, Oct. 5 (Korea Bizwire) — A 41 year-old office worker earned a windfall of 80 million won (US$71,000) over a canceled apartment transaction, a case that underscores the recent rapid surge in home prices in Seoul. The salaried worker of a major South Korean conglomerate made a down payment of 10 percent of the [...]
BUSAN, Oct. 4 (Korea Bizwire) — Three kittens were found dead in the underground parking lot of an apartment complex in Busan, prompting police officials to carry out an investigation. At approximately 12:15 p.m. on October 3, a resident found three dead kittens at an apartment complex in Nam-gu, Busan, and reported the deaths to [...]
SEOUL, Sept. 12 (Korea Bizwire) — In a country that boasts some of the fastest internet speeds in the world, and is home to some of the top consumer electronics companies, there is one area that has changed little since the 1990s – management offices at apartment complexes. The only exception might be the abundance [...]