SEOUL, Nov. 3 (Korea Bizwire) – The Ministry of Foreign Affairs’ announcement on October 31 that relations between South Korea and China will be normalized was music to the ears of the real estate industry, which has seen the market for high-end hotel room investors dwindle throughout the Chinese economic boycott. The geopolitical tensions and [...]
JEJU, April 11 (Korea Bizwire) - If you think of Jeju Island as just a laid back vacation spot or a place for fishermen and tangerine growers, give it a second look. This southern resort island known for its scenic beach and volcanic landscape has drawn a huge influx of Chinese travelers over the past five years [...]
“Jeju began a no visa policy in 2002, and has allowed permanent residence for investors since 2010. Jeju attracts 12 million tourists in and out of Korea every year, and as of 2013, the number of Chinese tourists to Jeju surpassed the 2 million mark. We expect more tourists and investment from China.” “We welcome [...]
SEOUL, December 23 (Korea Bizwire) – Greenland Group, China’s secondlargest residential developer, will participate in a competitive public bidto develop a twin tower near the Digital Media City (DMC) in Seoul’s Sangam-dong, said Seoul Metropolitan Government on December 22. Seoul mayor Park Won-soon met Zhang Yuliang,chairman of Greenland Group and signed an MoU on December 22 in [...]
SEOUL, Nov. 19 (Korea Bizwire) – Greenland Group, China’s largest real estate developer, is in talks to acquire a site near the Digital Media Center in Seoul’s Sangam-dong in the northwest following its buying spree in Jeju Island, reported the Seoul Economic Daily on November 18. By quoting an official of the Seoul metropolitan city [...]
JEJU, South Korea, Sept 23 (Korea Bizwire) – Jeju Free International City Development Center (JDC), Seoul National University Hospital and Greenland Group signed an MOU on September 13 at Jeju Science Park. Under the agreement, the hospital and Greenland Group will develop medical facilities, including a medical check-up center and a special clinic, as part [...]