As Chinese investors increasingly dominate South Korea’s real estate market, purchasing luxury homes and prime redevelopment sites, concerns are mounting over speculation, tax evasion, and l...
For the first time on record, South Korea has more construction engineers in their 60s or older than in their 40s — a demographic milestone that underscores the deepening talent crisis in on...
Nearly 80,000 more foreign nationals have acquired real estate in South Korea over the past five years, bringing the total number of foreign property owners to about 232,000. During the same...
Foreign capital now accounts for nearly 20% of South Korea’s commercial real estate investment, more than double the share five years ago, as global funds target logistics hubs and rental ho...
A luxury 49-story hotel is set to rise on the site of the former Prima Hotel in Cheongdam-dong, Gangnam-gu, following approval from the Seoul Urban and Architecture Commission. The site was ...
Seoul will implement an unprecedented security lockdown near the Constitutional Court on April 4, the day of President Yoon Suk-yeol’s impeachment ruling. Subway stations, gas stations, and ...
The South Korean government has moved to tighten restrictions on foreign land ownership across 17 key locations, including 12 islands along the country’s western and southern coastlines and ...
South Korea’s five largest construction firms have set their 2025 revenue targets below their actual earnings in 2024—an unusual move, as companies typically aim for at least modest year-ove...
KC Glass, a leader in glass bottle manufacturing, is setting global benchmarks in recycling. The company, based in Cheonan, South Chungcheong Province, reported that 86 percent of its glass ...
