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Apr 27, 2018

South Korea sees active transaction volume for Q1 2018 - CBRE South Korea's MarketView Report

CBRE Korea releases Seoul MarketView Q1 2018 report - Commercial real estate investment market remains active with transaction volume of 2.4 trillion won (USD$2.2 billion*).

Apr 12, 2018

Markets

Research Reports

South Korea investment volume in commercial real estate to increase 20% y.o.y

CBRE have released their 2018 Korea Real Estate Outlook Report.

Feb 9, 2018

"House where shade rests" (층층나무집) by studio_GAON architects

The houseowner, who devoted his entire life to social movements (labor movements) resembles Prometheus, a Titan in Greek mythology.

Jan 15, 2018

Markets

Market Trends

South Korea ramps up investment in real estate debt

"The largest transaction by South Korean lenders in the past year was IGIS Asset Management’s $220 million debt for CalPERS’ acquisition of 787 7th Avenue." Miyeon Lee JLL Global Capital Markets team.

Nov 21, 2017

Markets

Market Overviews

Seoul’s average housing cost W100m higher than Tokyo

The Korean capital’s median housing prices have almost reached the level of New York, according to The National Assembly Research Service.

Oct 30, 2017

Markets

Market Trends

Seoul’s revitalisation of youth housing

Leo Nam from JLL reports that the South Korean government’s “2030 Youth Housing” program is set to provide affordable quality residences for young people.

Oct 12, 2017

Markets

JLL names new head of South Korea business

Seasoned global executive Chae Hun Chang will succeed Steven Craig in the Country Head role.

Sep 1, 2017

Jeju Island’s extraordinary web of concrete structures

Architect Moon Hoon has created this visual masterpiece, a far cry from the original design concept, in South Korea.

Jul 11, 2017

A house specifically fit for a pilot - designed by IROJE KHM Architects

"Flying House" an aviation inspired design aptly located nearby Incheon airport in South Korea's 3rd largest city.

Jun 8, 2017

Markets

Market Overviews

New president Moon Jae-in – impact on South Korean real estate

The government’s significant investments in the housing sector are aiming to improve the welfare of lower income households. JLL's Leo Nam explains.

Pages

News Roundup

https://www.wsj.com/articles/ebay-finds-unlikely-fans-in-luxury-home-sellers-1518103537

EBay Finds Unlikely Fans in Luxury-Home Sellers

For the past year and a half, Michael B. Willhoit has had his Springfield, Mo., home listed on eBay; the current “Buy It Now” price is $8.9 million. Befitting a website that first sold a broken laser pointer, his home is decidedly quirky. Named “African Queen,” the 3,300-square-foot home looks like a safari lodge on steroids, with ceilings papered in dried grasses and a room that contains a portion of an actual rock bluff, with a mounted lion standing guard.

Wall Street Journal

http://www.mizzima.com/business-domestic/korea%E2%80%99s-lotte-launch-hotel-service-apartments-yangon

Korea’s LOTTE to launch hotel, serviced apartments in Yangon

Korea’s LOTTE group will launch its awesome resort hotel and serviced apartments in Yangon on September 1 beside the picturesque Inya Lake in its march to become one of Asia’s formidable business conglomerates.

Mizzima

https://www.wsj.com/articles/why-some-siblings-become-neighbors-1510843703

Why Some Siblings Become Neighbors

These brothers and sisters built separate houses on subdivided land; in between are shared pools, patios and fire pits.

Wall Street journal

https://www.wsj.com/articles/selling-a-house-to-millennials-bring-a-camera-and-fake-eyelashes-1510246491

Selling a House to Millennials? Bring a Camera, and Fake Eyelashes

A wave of young buyers ask realtors to help coordinate elaborate post-closing photo shoots for social media

Wall Street Journal

http://www.koreaherald.com/view.php?ud=20170919000678&utm_campaign=AP-RED-20sep2017&utm_medium=email&utm_source=Eloqua

No. of non-Chinese tourists grows in Korea amid THAAD fallout

The number of foreigners other than Chinese visiting South Korea grew in the first seven months of this year following the government's efforts to diversify its tourist portfolio in the face of a sharp drop in the number of Chinese visitors, the country's tourism promotion agency said Tuesday.

Korea Herald

http://english.yonhapnews.co.kr/business/2017/05/29/0502000000AEN20170529006000320.html?utm_campaign=AP-RED-30may2017&utm_medium=email&utm_source=Eloqua

New home permits tumble 27 pct in April

New home permits in South Korea plunged nearly 30 percent in April from a year earlier, the government said Monday, amid its move to limit housing sales as a way of curing household debt and rising interest rates.

Yonhap News

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