SEOUL, May 10 (Korea Bizwire) — The pandemic has changed people’s perceptions about housing spaces, a survey showed Monday. Real estate app Zigbang conducted a survey of 750 app users, 61.7 percent of whom said COVID-19 had altered their preferences when it came to choosing a place to live. Among the respondents, the most important [...]
SEOUL, Dec. 23 (Korea Bizwire) — The number of households benefiting from the government’s Green Remodeling Assistance project is increasing every year. The Ministry of Land, Infrastructure and Transport said Sunday that it has achieved green remodeling interest support for 11,000 households this year. This represents an increase of about 18.6 percent compared to 9,278 [...]
SEOUL, Aug. 8 (Korea Bizwire) — The number of single-bedroom share houses is increasing sharply in line with demand from the millennials, with many young South Koreans prioritizing independence from their parents. According to a survey conducted by the house-sharing portal Come&Stay Co., the number of single-person rooms grew by about 83 percent compared to [...]
SEOUL, May 8 (Korea Bizwire) — More than four out of ten unmarried men and women think they need to own their own house, but they see it as impossible in reality. Such results were published in a report titled “A Study on the Relationship Between the Living Characteristics of Young Adults and Marriage” by [...]
SEOUL, Jan. 18 (Korea Bizwire) — Six out of ten South Korean households believe one household needs one home, regardless of age or income level. As long as the housing environment is stable, respondents were even willing to get a lease or pay monthly rent to live in a home. The Korea Housing Finance Corp. [...]
SEOUL, Aug. 3 (Korea Bizwire) – The Seoul city government on Wednesday said it will launch a citywide examination of “hanoks,” or Korean traditional houses, and other buildings in the capital city to set up guidelines on protecting the meaningful architectural works. The Seoul Metropolitan Government said it will launch the research next month with [...]
SEOUL, Oct. 30 (Korea Bizwire) – It takes 28.5 years for a newlywed couple to lease a “jeonse” apartment in Seoul, according to the Citizens’ Coalition for Economic Justice which analyzed data from Kookmin Bank, Statistics Korea and the Ministry of Employment and Labor. Houses in capital regions such as Gyeonggi Province and Incheon City take [...]