SEOUL, July 8 (Korea Bizwire) — A single-person household is the most common type of living arrangement in South Korea, data showed Wednesday. Data released by the Ministry of the Interior and Safety showed 8.77 million single-person residence registrations, accounting for 39 percent of the total number of 22.7 million. The second most common type [...]
SEOUL, March 10 (Korea Bizwire) — With the growing number of single-person households in South Korea, the real estate market is also seeing more and more residential complexes supplying small-sized apartments. The market is reducing some of the traditionally popular medium- and large-sized units and expanding the supply of small ones. The number of family [...]
SEOUL, Feb. 4 (Korea Bizwire) — As the number of single-person households increases, especially for men and women in their 40s and 50s, the need to come up with appropriate housing measures has been voiced. The Korea Research Institute for Human Settlements suggested in a recent report that housing policies should be reset to reflect [...]
JEJU, Nov. 15 (Korea Bizwire) — A recent report has confirmed a significant increase in the number of single-person households on Jeju Island. According to a report released Thursday by the Jeju Branch of the Honam Regional Statistical Office, the number of single-person households on Jeju amounted to 73,250 last year, up 180.1 percent, or [...]
SEOUL, Jul. 23 (Korea Bizwire) — As housing shortages continue and crimes threaten single-person households, shared houses are becoming increasingly popular for their cost-effectiveness and stability benefits. On Monday, the house-sharing platform Come&Stay Co. unveiled the findings of a recent survey that showed that the preference for house sharing was growing fast. The survey was [...]
SEOUL, Jun. 12 (Korea Bizwire) — The Ministry of Agriculture, Food and Rural Affairs established the Vegetable Industry Development Planning Committee on Tuesday to prevent an oversupply of vegetables as an increasing number of single-person households are purchasing fewer vegetables at the market. “An oversupply of vegetables is becoming more severe as single-person or double-income [...]
BUSAN, Jun. 5 (Korea Bizwire) — Watermelon, a best-seller in hot summer weather at large discount store, is found to show a huge difference in sales depending on how it is sold and what type of watermelon it is. According to Emart Inc. on Tuesday, out of six stores in Busan from April 1 to [...]
SEOUL, Feb. 11 (Korea Bizwire) — The South Korean market for instant meals has expanded beyond single-person households to the middle-aged population, the country’s leading processed foods maker, CJ Cheiljedang Corp., said Monday. The ready-to-eat items, often referred to as home meal replacement (HMR) products here, have become increasingly popular, mainly on the back of [...]
BUSAN, Feb. 7 (Korea Bizwire) — With an increasing number of single-person households in South Korea, the Busan Metropolitan Council plans to deliberate on a ‘loneliness prevention’ bill. “We are trying to develop new legislation that can address the loneliness problem, which is becoming a serious social issue resulting in suicide and solitary deaths,” said [...]
SEOUL, Jul. 3 (Korea Bizwire) — Small consumer electronics products are gaining popularity in South Korea due mainly to an increase in the number of single-person households, online shopping malls said Tuesday. Gmarket, a major online shopping mall, said the company chalked up sharp sales increases in most relatively high-priced small home appliances in the [...]