정해용 기자

Jung Hae-yong Deputy Editor, Real Estate News Desk

Total articles(297)
Sejong City sees 10% drop in real estate listings amid housing price rise expectations
Sejong City sees 10% drop in real estate listings amid housing price rise expectations
As the early presidential election and the establishment of the new government have been confirmed, the listings of apartments in Sejong City are disappearing. It is analyzed that homeowners are withdrawing their listings due to expectations that housing prices in Sejong City will rise further, foll...
DL E&C bids for 1.7 trillion won residential project in Hannam 5 district
DL E&C submitted a sole bid for the residential redevelopment project in the Hannam 5 district of Yongsan, Seoul, on the 15th. The project, worth 1.7 trillion won, involves creating dwellings, business facilities, and community welfare facilities over an area of 141,186 square meters located at 60 D...
Empty commercial spaces hinder growth in new Korean cities, prompting government survey
'Empty units' are shaking the commercial and knowledge industry center market. So-called revenue-generating real estate such as commercial spaces and knowledge industry centers are being left vacant without tenants. The national vacancy rate for medium to large commercial spaces has exceeded 10%. So...
Shin Young's profits soar 40% while DS Networks suffers significant losses
The performances of Shin Young, MDM Group, and DS Networks, the largest developers in the country, greatly diverged last year. Shin Young recorded an operating profit increase of over 40% compared to the previous year, marking an "earnings surprise." In contrast, MDM Group saw its operating profit d...
DL E&C bids alone for Hannam 5 district construction in South Korea
DL E&C participated alone in the bidding for the selection of a construction company for the Hannam 5 district in Yongsan, Seoul. According to the maintenance industry on the 15th, the Hannam 5 district redevelopment association conducted the bidding for the selection of a construction company for a...
Korea's dwellings market outlook climbs for third month amid rising prices
The nationwide outlook for the dwellings market targeted at housing business operators has risen for three consecutive months. It is analyzed that the rise in housing prices has spread to major areas in the metropolitan area following the lifting of the land transaction permission zone and that expe...
February real estate transactions surge 35.1% in South Korea, total amount up 58.3%
In February, the nationwide transaction volume in the real estate market increased by more than 30% compared to the previous month. The transaction amount surged by nearly 60%. On the 15th, according to the analysis of actual transaction prices by Real Estate Planet, a commercial real estate technol...
Gangnam Districts Set Two-Year Residency Condition for Residential Rights Transactions
The districts of Gangnam (Gangnam, Seocho, Songpa) and Yongsan, where the land transaction permit system (known as the ‘Toto system’) is applied, are notifying applicants that they will apply the Toto system to ‘residential rights’ transactions but will postpone the requirement for actual residency ...
Shin Ansan Line collapse raises accountability issues for NextTrain and POSCO E&C
On the 11th, regarding the construction site collapse of the Shin Ansan Line double-track railway in Gyeonggi Province's Gwangmyeong City, it has been revealed that there were multiple warnings about ground subsidence. Warnings from environmental impact assessment agencies were issued as early as 20...
Olympic Park Foreon prices double in two years, reaching 2.665 billion won
The price of move-in rights for the Olympic Park Foreon in Dunchon-dong, Gangdong-gu, Seoul, which attracts market attention as the largest apartment complex in the country, has continued to soar. The move-in rights for the unit type known as the national standard, with a dedicated area of 84㎡, were...
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