A parole for President Yoon Suk Yeol’s mother-in-law Choi Eun-soon, who was sentenced to a one-year prison sentence for forging documents, was put on hold on Tuesday.
As the clock ticks down to the April 10 general election, candidates from both rival parties are scrambling to outdo each other with a plethora of ambitious real estate policy pledges.
After voters criticized candidates in the April 10 parliamentary elections for their alleged real estate speculation, a candidate rebutted by asking, “Were there any victims from it?”
President Yoon Suk Yeol said Tuesday that the government will completely scrap the previous administration's "reckless" plan to intentionally raise the declared real estate value in order to alleviate the public economic burden.
The portion of foreigners who bought real estate in Korea last year hit a record high, led by Chinese buyers, court data showed Sunday.
The financial watchdog issued a warning over real estate investments abroad on the back of a slowing property market and a persistently high interest rate.
A pedestrian walks past a real estate agency with notices of properties up for jeonse, lump-sum deposit contracts, displayed outside in central Seoul on Monday.
Korea’s financial watchdog is strengthening its probe into companies connected to real estate project financing (PF) loans to address credit risks.
Koreans are increasingly opting for direct real estate transactions through online marketplaces, bypassing traditional realtors, in order to save on commission fees.
President Yoon Suk Yeol called for abolishing punitive tax levied on homeowners with multiple properties on Wednesday, marking the latest in a string of tax relaxations for property owners.
Korea JoongAng Daily Sitemap