real estate Archives | Be Korea-savvy
Wealthy S. Koreans Moving Away from Real Estate Investments

Wealthy S. Koreans Moving Away from Real Estate Investments

SEOUL, April 3 (Korea Bizwire) — The portion of real estate investments by wealthy Koreans with more than 1 billion won (US$814,800) in financial assets has decreased over the past six years, according to a recent report. The preference of index-linked products, which have been considered the most sought-after financial instruments by the rich, also [...]

CUHK Business School Research Finds Purchase Restrictions Ineffective in Cooling Real Estate Markets in China

CUHK Business School Research Finds Purchase Restrictions Ineffective in Cooling Real Estate Markets in China

HONG KONG, CHINA, March 13 (Korea Bizwire) – Real estate is a key driver of the Chinese economy, and a popular choice of investment among the country’s consumers. The huge demand for real estate has contributed to a consistent rise in property prices in China in recent years. The latest National Bureau of Statistics data shows [...]

2,400 Underage Real Estate Owners in S. Korea

2,400 Underage Real Estate Owners in S. Korea

SEOUL, Oct. 2 (Korea Bizwire) — There are thousands of ‘underage landlords’ in South Korea who own real estate and collect rent. Rep. Shim Ki-joon of the ruling Democratic Party reported that there were a total of 2,415 juveniles who profited from renting out real estate in 2017. The young landlords generated 50.4 billion won [...]

REITs Becoming a Popular Form of Indirect Investment in the Real Estate Market

REITs Becoming a Popular Form of Indirect Investment in the Real Estate Market

SEOUL, Jun. 13 (Korea Bizwire) — Private investors in the real estate market are turning to Real Estate Investment Trusts (REITs) as the market is suffering from an overall slump following government restrictions. SG Lab, a research arm of the South Korean real estate marketing firm MB& Holdings Co., reported that the number of REITs [...]