South Korea Real Estate & Property

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

Non-Gangnam Construction Costs Triple Gangnam's Under Opaque Pricing System

Seoul apartments exempt from Korea's price cap system are setting construction costs up to three times higher than Gangnam high-end units, exploiting opaque disclosure rules to inflate sale prices....

Published 2026.05.12. 22:08:15 |

Non-Gangnam Construction Costs Triple Gangnam's in Pricing Paradox

Apartment construction costs in Seoul's non-price-cap areas are up to three times higher than in Gangnam's regulated zones, raising calls to tighten K...

Published 2026.05.12. 22:02:40 |

Gangbuk Monthly Rent Growth Outpaces Gangnam as Nodogang Sees 3 Million Won Contracts

Monthly rents in Seoul's Gangbuk districts are rising faster than in Gangnam, with Nodogang apartments now seeing contracts at 3 million won amid a se...

Published 2026.05.12. 18:59:14 |

Korea Expands Residency Exemption in Land Transaction Zones to All Leased Homes

Korea's land ministry expanded the residency exemption in land transaction permit zones to all leased homes, aiming to ease sales for non-resident sin...

Published 2026.05.12. 18:04:48 |

Korea's Basic Construction Cost Climbs for Fourth Year Amid Oil Shock

Korea's basic construction cost rose 2.12% to 2.22 million won per square meter in March, climbing for the fourth straight year as the Iran war drives...

Published 2026.05.12. 17:40:57 |

Hyundai Steel Steps In as Problem Solver for Slumping Construction Industry

Hyundai Steel launches its third HCORE Solution Partnership Open Call through June 30, expanding scope to power infrastructure and data centers to hel...

Published 2026.05.12. 16:56:05 |

Construction Association Submits 690,000 Petitions Opposing Protection Period Extension

The Construction Association of Korea submitted 698,357 petitions to MOLIT opposing the extension of protection for specialty contractors and urging m...

Published 2026.05.12. 16:36:15 |

May Apartment Sales Outlook Brightens on Rising Jeonse Prices

Korea's May apartment sales outlook index rose 19.1 points to 80, with Seoul recovering to 100 as rising jeonse prices stimulate homebuying sentiment,...

Published 2026.05.12. 14:10:13 |

Monthly Rents Top 3 Million Won Even in Seoul's Outer Districts

Monthly rents exceeding 3 million won, once limited to Gangnam, are now spreading to Seoul's outer districts including Nowon, Dobong and Guro, driven ...

Published 2026.05.12. 13:24:16 |