- Due to "Debt-Fueled Investing," 5 Major Banks Exceed Other Loan Targets by 2.4 Trillion Won… Tightening Mortgage Loans
- In the first half of this year, "other loans" at the five major commercial banks (KB Kookmin, Shinhan, Hana, Woori, and NH NongHyup) surged, exceeding their target by nearly 2.4 trillion won.As the "bit-tu" (in...
- 2026-07-22
- As Seoul Apartment Prices Surge, the Officetel Market Also Experiences a 'Triple Upturn'
- As the "triple strength" trend—rising prices across sales, jeonse (lump-sum deposit), and monthly rent—continues in the Seoul apartment market, the prices of alternative residential options like officetels ...
- 2026-07-16
- 548 More Jeonse Fraud Victims Recognized in June… Expanded Support for Joint Collateral Victims
- The Ministry of Land, Infrastructure and Transport held three plenary sessions of the Jeonse Fraud Victim Support Committee in June and ultimately approved 548 victims of jeonse fraud. Of the victims determined...
- 2026-07-08
- House prices surge, growth polarizes... BOK "Economic status of young, non-homeowners declines"
- Amid deepening wealth inequality due to rising real estate prices, the Bank of Korea has analyzed that the position of young people without homes is shrinking as income inequality also grows due to so-called "K...
- 2026-06-18
- Refused China-Japan Capital Sale Proposal… Private Hotel Project Protecting Ulleungdo Kicks Off in Earnest
- A large-scale private hotel development project targeting Ulleungdo's future tourism industry is set to proceed in earnest. Ulleungdo Dream Co., Ltd. announced that it has completed the licensing procedures and...
- 2026-05-16
- Shinsegae's Chung Yong-jin Sells Hannam-dong Detached House for 25.5 Billion Won
- Shinsegae Group Chairman Chung Yong-jin has sold his detached house in Hannam-dong, Yongsan-gu, Seoul, for 25.5 billion won.According to industry sources on the 13th, Chairman Chung sold the house to Buyong Hou...
- 2026-05-13
- Last-minute deals to avoid capital gains tax hikes... "Permit applications continued over the weekend"
- With the reinstatement of heavy capital gains tax for multiple homeowners starting on the 10th, land transaction permit applications surged on the 9th, the last day of the tax deferral period.As some autonomous...
- 2026-05-10
- Effective today, capital gains tax for multiple homeowners will be increased, with the highest tax rate reaching 82.5%.
- The heavy capital gains tax surcharge on multiple homeowners has been reinstated after a four-year hiatus.According to government ministries on the 10th, the temporary suspension of the capital gains tax surcha...
- 2026-05-10
- People Power Party, regarding President Lee's remarks on 'no such thing as a real estate infallibility', says "Deception to the nation"
- The People Power Party strongly reacted on the 6th to President Lee Jae-myung's statement on social media expressing his will for real estate market normalization, saying, "You are framing a decline in some in...
- 2026-05-06
- Must apply for land transaction permit by the 9th to avoid heavy capital gains tax for multiple homeowners.
- As the grace period for heavy capital gains tax on multiple homeowners ends on the 9th, taxes on capital gains for multiple homeowners selling homes in regulated areas will significantly increase starting from ...
- 2026-05-03
- Following the capital gains tax hike, potential revisions to long-term holding tax deductions... review of reductions or abolition for non-residents
- As the reinstatement of heavy capital gains tax on multiple homeowners approaches, real estate taxation, including the long-term holding special deduction (Jangteukgongje) for housing capital gains tax, is head...
- 2026-05-03
- Police did not refer to prosecution the 28.9 billion won fraudulent lease case; prosecutor's office indicts 7 individuals after supplementary investigation
- The Supreme Prosecutors' Office announced on the 28th that it has selected four prosecutors, including Kim Jeong-hoon (41st Judicial Research and Training Institute) from the Criminal Affairs Division 1 of the ...
- 2026-04-28
- "High-ranking public officials must place their real estate in trust during their term"... Citizens' Coalition for Economic Justice Forum
- A civic group has proposed the introduction of a 'real estate blind trust system' for high-ranking public officials who influence real estate policy.The Citizens' Coalition for Economic Justice (CCEJ) held an "...
- 2026-04-28
- People Power Party "Citizens face tax nuclear bombs due to soaring official prices... will push for tax system reform"
- The People Power Party criticized the Lee Jae-myung administration's real estate policies on the 19th, stating that the significant increase in officially assessed housing prices this year has subjected the pub...
- 2026-03-19
- Seoul apartment official prices up 18.67% this year… highest growth rate in 5 years
- The official prices of apartments in Seoul have risen by double digits this year, reaching the highest annual increase in five years, driven by the sharp rise in apartment prices in Gangnam and along the Han Ri...
- 2026-03-17
- PPP, responding to President Lee's mention of 'disastrous real estate' say, "You can't control housing prices with threats."
- The People Power Party criticized President Lee Jae-myung on the 1st, stating, "The attitude of swaying public opinion with sensational slogans is highly inappropriate for a president," in response to his expre...
- 2026-02-01
- Moon Administration's 'Crazy Housing Prices' Surpassed by Seoul Apartment Prices... Highest Since Roh Moo-hyun Administration
- The cumulative rise in Seoul apartment prices last year recorded 8.71%, marking the highest figure in 19 years since 2006 during the Roh Moo-hyun administration. This level surpasses the records of 8.03% (2018...
- 2026-01-01
- "Hey Hillhouse! Put that down for a second"... Aegis Asset Management's sale faces difficulties
- The sale of Aegis Asset Management, Korea's No. 1 real estate asset management company, is facing difficulties amid controversy over foul play. According to the financial investment industry on the 14th, Heungu...
- 2025-12-14
- Mortgage variable rates to rise again... October COFIX up 0.05%p
- The COFIX (Cost of Funds Index), the benchmark for variable-rate housing loans at commercial banks, has risen for two consecutive months.According to the Korea Federation of Banks on the 17th, the COFIX for new...
- 2025-11-17
- Mortgage rates soar back to 6% for the first time in two years... Bank entry becomes even higher
- As market interest rates have recently surged, bank loan rates have climbed back into the 6% range for the first time in approximately two years.The already tight bank lending channels, further constricted by r...
- 2025-11-16
Iranian Foreign Ministry: "Continuing Message Exchanges with the U.S. and Activities of Mediating Countries"
Esmaeil Baghaei, Spokesperson for the Iranian Ministry of Foreign Affairs [Xinhua, Yonhap News file photo]Esmaeil Baghaei, spokesperson for the Iranian Ministry of Foreign Affairs, stated on the 26th
President Yoon: "Do You Think You Are Safe from the Special Counsel?"... Final Statement Video Released
President Yoon Suk Yeol rebuking the special prosecutor on the 24th. [Court video / @birds_justice X account subtitle GIF] A video of President Yoon Suk Yeol's closing statement at his trial rega
President Yoon, regarding the first-instance ruling on the Public Official Election Act: “An excessive political verdict that distorts the facts… We will appeal immediately.”
The first-instance sentencing hearing for President Yoon Suk Yeol regarding violations of the Public Official Election Act is being broadcast live at Seoul Station on the 27th. [Photo=Yonhap News]Pres
WSJ: "SK Hynix ADR Premium Is a Sign of AI Trading Overheat"
Advertisement for SK Hynix ADR listing in New York's Times Square [Reuters=Yonhap News file photo]The Wall Street Journal (WSJ) has pointed out that the price of SK Hynix’s American Depositary Recei
'Godfather of Japanese Mystery Novels' Keigo Higashino Passes Away After Battle with Cancer at 68
Famous Japanese mystery novelist Keigo Higashino [AFP=Yonhap News]It has been belatedly reported that Keigo Higashino, the "godfather of Japanese mystery novels" and author of bestsellers such as "The
[Park Pil-kyu Security Column] To the Ignorant Trying to Clothe a Beast in Sheep's Clothing
Rep. Kim Byung-joo of the Democratic Party of Korea [Photo=Yonhap News]“The Air Force Academy doesn't teach you how to fly a plane!” “The Army, Navy, and Air Force academies are exactly the
[Issue Diagnosis] Two Effects of the Election Petition Review
[Photo] Evidence of Election Fraud Flooding U.S. Media… Trump Had 2.7 Million Votes Stolen
[Video] U.S. Semiquincentennial Air Show... 'Art in the Sky' streaks across New York
[Editorial Cartoon] A Draconian Law That Undermines Freedom of Expression
