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Seoul is still home to a fifth of the country’s population, but housing issues are the primary reason that 1.7 million South Koreans have left the capital for surrounding provinces in the last ...
Housing in South Korea includes detached houses, apartment (unit of apartment, row houses, and private houses), studio apartments, and dormitories in non-residential buildings such as shopping malls and factories. While the occupancy rate of apartment houses is steadily rising, the occupancy rate of detached houses is steadily falling.
The year-end season in South Korea is usually vibrant. But this year has been noticeably different. The political turmoil – along with the devastating Jeju Air crash on 29 December – has ...
A night of political upheaval in South Korea has upended stability in a key democratic US ally – sending shock waves through the region and Washington at a moment of acute global tension.
Korea Land and Housing Corporation real estate scandal is a suspicion that some employees of Korea Land and Housing Corporation (LH) have speculatively purchased land worth 10 billion won in Gwangmyeong and Siheung. The land is in the new towns' business areas, per the Moon Jae-in government's third New Town plan. [1]
On Wednesday, 11 January 2022 at 15:46 KST, the façade of a 39-story apartment building under construction collapsed in Gwangju, South Korea, killing six workers. [1] HDC Hyundai Development Company was investigated by the government, and its chairman resigned.
Watch live as thousands of protesters gather in Seoul, South Korea, on Tuesday (10 December) demanding the impeachment and arrest of President Yoon Suk Yeol, as well as the disbandment of his ...
In South Korea the public Korea Land & Housing Corporation has provided homes to 2.9 million households which is 15% of the national total of 19.56 million households. This includes 2.7 million newly-built public housing units and 1.03 million rental homes of which 260,000 were purchased or rented by the Land and Housing Corporation.