Minister of Land Kim Yun-deok and Seoul Mayor Oh Se-hoon to Meet on the 13th
South Korea's land minister and Seoul mayor will meet privately on November 13 to discuss housing supply measures, with both sides divided over recent real estate regulations and redevelopment authority.
[10·15 Measures] Government Deploys Full Regulatory Arsenal, Including Land Transaction Permit System, to Freeze Market
South Korea imposes sweeping new real estate regulations, including expanded Land Transaction Permit Zones and tighter lending, to curb surging property prices in Seoul and Gyeonggi Province.
Minister Kim Yoon-duk Says 'Cannot Miss the Golden Window for Housing Market Stability'
South Korea's Land Minister Kim Yoon-duk announced sweeping new housing market regulations for Seoul and Gyeonggi Province, vowing to stabilize supply and crack down on real estate crimes.
Experts Call Seoul’s Extension of Land Transaction Permit Zones a “Prudent Decision”
Seoul has extended land transaction permit zones in Gangnam and Yongsan through next year, a move experts say will curb speculation without major side effects.
South Korea will expand the authority to designate land transaction permit zones to the Minister of Land, Infrastructure and Transport, enabling preemptive intervention in overheated real estate markets before speculative activity spreads.
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Land Transaction Permit Zone Designation Authority Expanded to Minister of Land—Preemptive Response to Market Overheating
South Korea will expand the authority to designate land transaction permit zones to the Minister of Land, Infrastructure and Transport, enabling preemptive intervention in overheated real estate markets before speculative activity spreads.
Seoul’s Land Transaction Permit System Stabilizes Prices in Jamsil-dong but Backfires in Samseong-dong
Seoul’s land transaction permit system curbed land price growth in Jamsil-dong but fueled increases in Samseong-dong, underscoring the need for tailored real estate policies.
South Korea will require foreigners buying homes in Seoul and the capital region to obtain permits, move in within four months, and reside for two years, as part of new measures to curb speculative investment and enhance scrutiny of overseas funds.
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Foreigners Face 'Land Transaction Permit System' for Seoul and Greater Capital Area Home Purchases—Two-Year Residency Requirement Imposed
South Korea will require foreigners buying homes in Seoul and the capital region to obtain permits, move in within four months, and reside for two years, as part of new measures to curb speculative investment and enhance scrutiny of overseas funds.
Apartment Occupancy Rights in Gangnam, Seocho, Songpa, and Yongsan Districts Now Subject to Land Transaction Permit System
Land transaction permit system now applies to apartment occupancy rights in Gangnam, Seocho, Songpa, and Yongsan districts, with initial distribution rights excluded and resale requiring district office approval
Household Loans Increase by 400 Billion Won in March - 'April-May Crucial for Land Transaction Permit System Impact'
South Korean household loans rose by 400 billion won in March, with government closely monitoring April-May trends due to potential impact of land transaction permit system changes.
Gangnam-3 Districts' Apartment Price Surge Halts After Land Transaction Permit Zone Re-designation
Seoul apartment prices stagnate as Gangnam-3 districts' surge halts following land transaction permit zone re-designation, nationwide prices fall 0.01%
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