Officetels are included among properties eligible for the acquisition tax reduction for first-time dwelling purchases. If a person under 40 acquires a first dwelling, the government will reduce acquisition tax by up to 3 million won. For those 40 or older, the reduction of up to 3 million won applies only to small dwellings or dwellings located in areas with population decline, and for others the reduction limit is cut to 2 million won.
The Ministry of the Interior and Safety on the 26th released its "2026 local government tax reform plan," outlining support measures for housing stability. Considering that many young people and low-income residents use officetels for residential purposes, the government included officetels among properties eligible for first-time dwellings acquisition tax reductions.
In particular, if someone moves their residence from an officetel to an apartment, the plan is to provide acquisition tax reductions up to two times. The government will also grant acquisition tax reductions even when a small officetel or small dwelling—of exclusive area 40㎡ or less and with a market standard value of 400 million won or less (200 million won or less outside metropolitan areas)—is acquired and then disposed of.
If a person 40 or younger buys an officetel and then disposes of it before purchasing an apartment again, they can receive acquisition tax reductions of up to 6 million won in total—3 million won when acquiring the officetel and 3 million won when acquiring the apartment.
Acquisition tax reductions will also be expanded for newly built purchase-agreement rental dwellings. For dwellings constructed by, or real estate acquired for construction by, those who have agreed to supply rental dwellings to public rental housing operators such as LH, the government currently reduces acquisition tax by up to 15%. The government plans to increase this to 70% of the acquisition tax next year and 50% in 2028. A Ministry of the Interior and Safety (MOIS) official said this is "tax support to quickly supply quality dwellings for the housing stability of low-income and middle-class residents."
When converting nonresidential facilities to residential facilities—such as changing neighborhood living facilities to residential officetels—the acquisition tax on major renovation expense will be reduced by 100% through the end of next year.
When a redevelopment association acquires properties subject to cash liquidation, the acquisition tax reduction rate will be raised to 100% in 2027 and 75% in 2028. Currently, for land-development real estate acquired by a redevelopment project operator, 50% of the acquisition tax is reduced.
The local government tax reduction for acquiring dwellings related to jeonse fraud victims and for registering leasehold rights, aimed at helping jeonse fraud victims recover their deposit money, will be extended through the end of 2029. Currently, jeonse fraud victims receive reductions of 100% on acquisition tax, 25%–50% on property tax, and 100% on registration license tax. However, for those who seek benefits through falsehoods or whose jeonse fraud victim status is canceled after recovering their deposit, the plan is to collect the reduced amount with an additional tax added.