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On February 24, 2021, the government additionally selected Gwangmyeong and Siheung as the third New Town plan cities to expand the supply of housing in the metropolitan area. [ 2 ] [ 3 ] It is the sixth new city to be announced in 2020, after Wangsuk, Hanam Gyosan, Changneung, Bucheon Daejang, and Gyeyang, Incheon .
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.
As of December, the average monthly rent for Seoul apartments smaller than 355 square feet was $457 — a 15% increase since 2021, according to government data analyzed by housing advocacy group ...
April 13 – South Korean government protested and regretted the Japanese cabinet decision to dump radioactive water of the Fukushima nuclear plant into the Pacific Ocean. [ 1 ] December 24 – The South Korean government pardons former president Park Geun-hye due to deteriorating health, also exonerating the first female prime minister Han ...
NEW YORK (Reuters) -A foreign policy specialist who once worked for the CIA and on the White House National Security Council (NSC) has been indicted on U.S. charges she worked as an unregistered ...
2 March: There were over 4,200 confirmed cases. [9] With an additional 4,000 cases of COVID-19 within two weeks, and roughly 60% of the total infections nationwide having stemmed from the church, the Seoul city government asked prosecutors to press charges against the religious group's founder and senior members for murder, causing harm, and for violating the Infectious Disease and Control Act ...
Seoul has three central business districts; the Downtown Seoul(CBD), Gangnam(GBD), and Yeouido(YBD). [12] The Downtown Seoul, which has 600 hundred years of history as unparalleled business district in entire Korea, is now a densely concentrated area around Gwanghwamun and Cheonggyecheon with headquarters of major companies, foreign financial institutions, largest news agencies and law firms.
March 27, 1979, Korea Land Development Corporation. December 31, 1980 A housing development project started under the Act on Promotion of Housing Site Development. September 13, 1988 Construction of the First New Towns in the Seoul Metropolitan Area Based on the Two Million Housing Construction Plan. (Bundang, Ilsan, Pyeongchon, Middle East)