price ceiling Archives | Be Korea-savvy
S. Korea Adopts Price Ceiling on Privately Built Flats

S. Korea Adopts Price Ceiling on Privately Built Flats

SEOUL, Nov. 6 (Korea Bizwire) — South Korea on Wednesday adopted a scheme to cap presale prices of privately built apartments in its extended efforts to stabilize real estate markets. Seoul revised related laws last month to execute the “presale price cap system” for apartments to be built by private builders amid signs of escalating [...]