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News
Seoul Housing Plans Stall as Yeomchang Park Joins Yongsan Standoff
14+ hour, 22+ min ago (310+ words) Briefing Session Scrapped as Residents Demand Withdrawal District Chief Says He Will Drop Plan if City Pledges Park Restoration Supply of 1,000 Public Homes at Risk of Delay Gangseo District had planned to use the session to explain to residents why…...
Samsung Showcases AI Kitchen Lineup at Chef-Led Cooking Show
1+ day, 6+ hour ago (503+ words) Chef Kim Ho-yoon Demonstrates Cooking With AI Appliances From Ingredient Tracking to Recipe Suggestions and Cooking Latest AI Features to Reach Existing Family Hub Models Samsung Electronics (005930.KS) said on the 13th that it held a "Bespoke AI Cooking Show" on…...
Bundang Apartment Prices Top Nationwide With 29.5% Yearly Gain
1+ day, 7+ hour ago (249+ words) Apartment prices in Bundang, a district of Seongnam in Gyeonggi Province, are climbing sharply. Rising home prices in Seoul, combined with expectations for rebuilding of aging complexes, have driven a string of transactions at prices several hundred million won higher…...
Seoul Fast-Tracks 586-Home Redevelopment, Cutting Review by 18 Months
3+ day, 8+ hour ago (421+ words) Sihyeong 3-dong Project to Rise Up to 20 Stories With 586 Homes Management and Building Plans Drawn Up Together, Trimming 18 Months Three Moa Housing Blocks to Share Parking as a Single Complex Seoul has cleared its first pilot project designed to shorten…...
Bundang Remodeling Boom Turns Cramped 1990s Flats Into Larger Homes
3+ day, 12+ hour ago (304+ words) Inside the remodeling site at Neutimaeul Complex 4 in Bundang Aging estate to become 1,149 units, with sales starting on the 11th POSCO E&C leads the market with 46 remodeling projects Neutimaeul Complex 4, visited that day, was completed in 1994. POSCO E&C is…...
Bundang's 30-Year-Old Apartments Reborn Through Remodeling
3+ day, 23+ hour ago (299+ words) Seoul Economic Daily SEONGNAM â Standing on Singi Bridge over the Tancheon stream near Jeongja Station in Bundang, Seongnam, on the 9th, a construction site with more than 10 tower cranes in motion came into view on the left Across the bridge,…...
Remodeling Turns 2-Bay Units Into 4-Bay, Reshaping Jeongja Skyline
4+ day, 8+ hour ago (249+ words) ■ Inside the Neuti Village Complex 4 Remodeling Site Existing Frame Retained as Complex Grows From 1,006 to 1,149 Units Parking Tripled, Greenery and Community Space Added at Ground Level Neuti Village Complex 3 Presale Drew 100-to-1 Application Ratio Exterior Walls Become Bathroom Walls as…...
Seoul Needs 70,000 New Homes a Year, Urban Planner Says
5+ day, 12+ hour ago (371+ words) Seoul Economic Daily Seoul apartment prices have risen for 85 consecutive weeks, matching the longest streak on record, set during the Moon Jae-in administration From the third week of January last year through the fifth week of August this year, apartment…...
Korea's Luxury Housing Shifts to Complexes of 1,000-Plus Units
6+ day, 9+ hour ago (182+ words) Market Moves Beyond 30-Unit Boutique Projects Built Around Privacy Sprawling Amenities and Landscaping Define the New "Massive High-End" Yongsan, Seongsu, Mokdong and Dongtan Prepare Premium Launches South Korea's high-end housing market is moving away from a scarcity strategy built on…...
Japanese 20-Somethings Rush to Buy Homes With 50-Year Mortgages
1+ week, 5+ hour ago (573+ words) Homeownership Rate for Under-30s Tops 40% for First Time Japan's Sankei Shimbun reported on the 6th, based on its analysis of the Ministry of Internal Affairs and Communications' household survey, that the homeownership rate among households of two or more people headed…...