redevelopment projects Archives

S. Korea Puts Priority on Increasing Home Supply to Ease Housing Crunch

SEOUL, Jan. 15 (Korea Bizwire) — South Korea will put priority on increasing housing supply by lowering construction regulations in the densely populated urban area and supporting redevelopment projects to stabilize the housing market, the finance minister said Friday. Finance Minister Hong Nam-ki said housing stability is one of the government’s most pressing tasks, vowing [...]

Trees a Thorny Issue for Redevelopment Projects

SEOUL, Nov. 28 (Korea Bizwire) – With an increasing number of trees being cut down for redevelopment projects, calls are growing for protective measures. Following plans for a redevelopment project at a Gaepo apartment complex in Gangnam District that will see old trees on the site chopped down, a new social media campaign has been [...]