South Korea Real Estate & Property

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

Korea Eases Noise, Setback Rules to Speed Housing Construction

The government is streamlining regulations on noise measurement and setback distances that have been cited as obstacles in housing construction to support faster and more stable housing supply. The M...

Published 2026.02.09. 18:14:48 | By Kim Kwang-soo

Korean Builders Hunt for Growth Abroad Amid Domestic Slump

Korean construction companies are seeking new growth opportunities overseas as they look to overcome the prolonged domestic industry downturn through ...

Published 2026.02.09. 17:52:12 | By Woo Young-tak

Daewoo, Lotte Face Off for $1B Seoul Redevelopment Project

Daewoo Engineering & Construction and Lotte Engineering & Construction are competing head-to-head for the Seongsu Strategic Redevelopment Zone Distric...

Published 2026.02.09. 17:48:22 | By Woo Young-tak

Hyundai Livart Wins $80M Iraq Contract, Eyes Middle East B2B Growth

Hyundai Livart has secured a contract for preliminary construction work at the largest seawater treatment facility in Iraq's Basra region. Following s...

Published 2026.02.09. 17:38:03 | By Park Woo-in

Seoul Realtors Post Notices on Looming Capital Gains Tax Hike

A notice regarding the expiration of the capital gains tax surcharge deferral for multiple homeowners is displayed at a real estate agency in Songpa-g...

Published 2026.02.09. 17:33:45 | By Cho Tae-hyung

Tax Authority to Levy Education Tax on Housing Loans for Low-Income Borrowers

South Korea's tax authority has decided to continue imposing education tax on interest income from housing loans for low-income borrowers, such as Did...

Published 2026.02.09. 16:55:54 | By Shim Woo-il

SME Minister Han to Sell 3 of 4 Properties Amid Housing Crackdown

Han Sung-sook, Minister of SMEs and Startups, has decided to sell three of her four residential properties, keeping only the home where she currently ...

Published 2026.02.09. 16:13:44 | By Ryu Seok

Hyundai E&C Wins $312M Gunpo Redevelopment Contract

Hyundai Engineering & Construction (000720), which became the first in the industry to surpass 10 trillion won in urban redevelopment orders last year...

Published 2026.02.09. 15:10:18 | By Kim Kwang-soo

Korea Tightens Real Estate Rules to Block Foreign Speculation

The government is significantly strengthening transaction reporting requirements to block real estate speculation by foreigners and illegal fund inflo...

Published 2026.02.09. 15:09:56 | By Kim Kwang-su