Gwanghwamun Square's 'Garden of Gratitude' Construction Halted for Violating National Land Planning Act
Seoul's Garden of Gratitude project at Gwanghwamun faces construction halt over National Land Planning Act violations, with ministry allowing only safety-related work to proceed ahead of major concert event scheduled for later this month
Seoul Housing Supply Drops Sharply in January—Construction Starts Plunge 63%
Seoul's housing supply indicators saw a sharp downturn in January, with construction starts plunging 63% year-on-year, while permits and completions also declined significantly, according to government data.
KTX and SRT to Begin Trial Cross-Operations from the 25th
South Korea launches trial cross-operation of KTX and SRT high-speed trains from February 25, aiming to boost seat supply and integrate services while maintaining safety as a top priority.
Air Traffic in South Korea Surpasses 1 Million Flights Annually for the First Time—2,800 Flights Per Day
South Korea’s annual air traffic volume surpassed 1 million flights for the first time in 2025, driven by a robust recovery in international routes, with daily averages exceeding pre-pandemic levels.
Peak Lunar New Year Travel Expected on 15th for Departures, 17th for Returns—Daily Average of 8.34 Million on the Move
South Korea expects peak Lunar New Year travel congestion on February 15 and 17, with daily movement averaging 8.34 million; authorities announce toll waivers and expanded transport services to ease traffic.
KTX at Suseo Station and SRT at Seoul Station—Cross-Booking Available from the 11th
South Korea will allow cross-booking between KTX and SRT high-speed trains on select routes starting February 11, with fares set 10% below average KTX prices as part of a pilot program.
South Korea’s Ministry of Land, Infrastructure and Transport has designated Seoul’s Seoripul 1 as a public housing district, launching the city’s largest Gangnam-area project in 15 years with 18,000 new homes planned and first pre-sales targeted for 2029.
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Seoul Designates Seoripul 1 as Public Housing District—18,000 New Homes to Be Supplied
South Korea’s Ministry of Land, Infrastructure and Transport has designated Seoul’s Seoripul 1 as a public housing district, launching the city’s largest Gangnam-area project in 15 years with 18,000 new homes planned and first pre-sales targeted for 2029.
Seoul's housing supply in December 2025 plunged 56.5% year-on-year to just 435 units, with annual figures and nationwide completions also sharply down, highlighting a significant contraction in South Korea's residential property market.
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Seoul Housing Supply Plunges 56.5% in December to Just 435 Units
Seoul's housing supply in December 2025 plunged 56.5% year-on-year to just 435 units, with annual figures and nationwide completions also sharply down, highlighting a significant contraction in South Korea's residential property market.
The Ministry of Land, Infrastructure and Transport announced plans to swiftly supply 60,000 new homes—mainly apartments—in the Seoul area, with rental and sale ratios yet to be determined, and further measures expected to stabilize the real estate market.
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[1.29 Supply Measures] 'Most of the Supply Will Be Apartments'—Rental and Sale Ratios Undecided
The Ministry of Land, Infrastructure and Transport announced plans to swiftly supply 60,000 new homes—mainly apartments—in the Seoul area, with rental and sale ratios yet to be determined, and further measures expected to stabilize the real estate market.
Cumulative Vehicle Registrations in South Korea Reach 26.52 Million—Up 217,000 Year-on-Year
South Korea's cumulative vehicle registrations reached 26.52 million at end-2025, up 217,000 year-on-year, with eco-friendly cars accounting for a growing share.
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