New heights
Prospective home buyers look at a scale model of a Xi apartment complex in Yangjae-dong, southern Seoul, on Friday. The new apartment complex is set to be built on a plot of land where Gaepo Jugong Complex 8 in Gaepo-dong, southern Seoul, once stood. Despite the high price - over 41.6 million won per 3.3 square meters ($1,100 per square foot) - the units have been immensely popular for their speculative value. The queue for visitors on Friday stretched over 1 kilometer (0.6 miles). [YONHAP]
with the Korea JoongAng Daily
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