Finance Minister Hong Nam-ki warned of a crackdown on speculative buying of expensive apartments a day after the government said it would try to increase supplies of apartments in greater Seoul, including allowing 50-story apartment towers.
Passengers get on the Seoul City Tour Bus on Aug. 2 near Gwanghwamun Station in central Seoul, a day after the bus service resumed operations.
Local health authorities Wednesday warned about imported cases of Covid-19, saying more infected people were entering Korea as foreign countries lift their lockdowns.
According to data from the Seoul city government, transactions for apartments in the city decreased by a third in April compared to March, due to strengthened regulation on real-estate loans and the economic impact of the coronavirus outbreak.
Seoul Mayor Park Won-soon on Tuesday suggested the central government establish a hospital specialized in treating infectious diseases and transfer the National Medical Center in