real estate market Archives | Be Korea-savvy
Jeju Construction Companies Facing Crisis with More than 1,200 Homes Unsold

Jeju Construction Companies Facing Crisis with More than 1,200 Homes Unsold

JEJU, Apr. 23 (Korea Bizwire) — Construction companies are facing the consequences of the decline in the real estate market on Jeju Island, as an increasing number of houses are sitting empty without buyers. Jeju Province announced on Monday that as many as 1,271 residences were left unsold this year. The number of unsold homes [...]

Gov’t to Adopt Customized Measures for Real Estate Market

Gov’t to Adopt Customized Measures for Real Estate Market

SEJONG, Jan. 31 (Korea Bizwire) – South Korea’s finance ministry said Wednesday it will push for a two-track real estate policy to deal with the spike in housing prices in the affluent areas of Seoul and withering markets in other parts of the nation. The Ministry of Strategy and Finance said it will keep a close watch on the real estate market, as apartment prices in [...]

Asian Investors Rush into Japanese Real Estate Market

Asian Investors Rush into Japanese Real Estate Market

SEOUL, June 20 (Korea Bizwire) – Asian investors including those from Hong Kong are increasing their possession of Japanese real estates. Even then, many visit to Japan not for tourism purposes but for checking the sites for themselves. Amidst the increasing perception that the Japanese real estate market is relatively undervalued, the weakening yen adds [...]