South Korea Real Estate & Property

Korean real estate market news, property trends, housing policy, and construction industry updates.

Korean Banks Resume Household Lending, Lift Branch Quotas

Jan 1, 2026

Korea Expands Property Tax Breaks for First-Time Homebuyers, Families With Newborns

South Korea expands acquisition tax breaks for first-time homebuyers in 2025, with higher exemptions in depopulation areas and continued 100% relief f...

12h ago|Seoul Economic Daily

Seoul Apartment Prices Rise 0.21%, Rally Continues Through Year-End

Seoul apartment prices rose 0.21% in the fifth week of December despite government regulations, with Seongdong-gu leading gains at 0.34%. The rally co...

12h ago|Seoul Economic Daily

Construction Industry Average Daily Wage Rises to 279,988 Won in H1

Korea's construction industry average daily wage reached 279,988 won in H1 2024, up 1.44% year-on-year, with optoelectronics sector workers earning th...

13h ago|Seoul Economic Daily

Over 1.16 Million Flee Seoul as Housing Prices Hit 19-Year High

** Over 1.16 million people left Seoul in 2024 as apartment prices surged 8.48%, the highest since 2006, with many relocating to Gyeonggi Province whe...

15h ago|Seoul Economic Daily

HD Construction Machinery Launches, Eyes 14.8 Trillion Won Revenue by 2030

** HD Construction Machinery officially launches after merger of HD Hyundai Construction Equipment and HD Hyundai Infracore, targeting 14.8 trillion w...

15h ago|Seoul Economic Daily

Seoul Apartment Sales Plunge 60% in November Amid Triple Regulations

** Seoul apartment sales plummeted 60% in November 2024 after government's triple regulations, while unsold post-completion units nationwide hit 13-ye...

19h ago|Seoul Economic Daily