Seoul property market Archives

Foreigners to Own the Land Size of Yeouido, Chinese to Expedite Buying Property

SEOUL, Sep. 18 (Korea Bizwire) – It is shocking that the land size that foreigners own in the Seoul Metropolitan City is as large as that of Yeouido, a large island in the Han River in Seoul and Seoul’s main business and investment banking district. Currently, Americans own about 60 percent of the entire land [...]

No More Gangnam Style, Vacancies in Buildings All over Gangnam

SEOUL, Korea, April 19, 2014 (Korea Bizwire) – Office buildings are becoming more and more hollowed out. In the premium-grade skyscrapers in Seoul, it is rather easy to find empty offices these days. The vacancy rate in buildings in the Yoido district – Seoul’s main business and investment banking area dubbed as “Wall Street of Korea” [...]