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 [...]
SEOUL, Sept. 10 (Korea Bizwire) — In the South Korean film “Microhabitat” released last year, the protagonist Mi-so hits the streets when she is no longer able to afford paying rent for her apartment. The film was critically acclaimed for featuring a story that reflected the realities of the younger generation, many of whom are [...]
SEOUL, Jul. 27 (Korea Bizwire) — A middle-aged South Korean woman got married to and divorced from the same man twice, a rare occurrence in most parts of the world. But the couple’s on-again, off-again relationship may have been motivated by more than just their feelings for each other: The couple’s fake divorce appears to [...]
SEOUL, Jun. 4 (Korea Bizwire) — Stray cats are not usually associated with local elections, but as animal welfare gains more prominence as a social issue, the furry creatures are creating ripples in the upcoming election. This is especially true in the case of the street cats left behind at a large apartment complex in [...]