Chinese money in Korean property ownership Archives | Be Korea-savvy
China’s Big Money Rapidly Changing Property Market of Jeju Island in Korea

China’s Big Money Rapidly Changing Property Market of Jeju Island in Korea

SEOUL, July 26 (Korea Bizwire) –‘China money’ is rapidly changing the overall landscape of Jeju Island, the Hawaii of South Korea, well known for its pristine water and scenic beauty, along with its unique culture. As of the first quarter of this year, Chinese investors owned 3.2 million square meters of the island’s land, about [...]