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Divergent Views on New Government Policy Since the inauguration of the Lee Jae-myung administration, concerns and expectations regarding real estate policy are intersecting. Seoul Mayor Oh Se-hoon expressed concerns about the new government real estate policy, while former lawmaker Park Yong-jin offered positive evaluations. Seoul Mayor Warning Mayor Oh Se-hoon stated concerns about whether real estate prices can be controlled if money supply is increased in the market under the pretext of stimulating the economy. He emphasized the need for a cautious approach based on past experience that house prices rise when money is released even with regulations. Economic Target Concerns Some analysts suggest that the new government is excessively intervening in the real estate market due to the economic goal of KOSPI 5000. There are concerns that expanding money supply for economic sti...

A devastating accident occurred in Seoul on July 7 when a teenage girl fell from the 13th floor of an apartment building, killing herself and injuring four passersby, including a mother and daughter who were walking below. The incident has shocked the local community and raised serious questions about apartment safety management and access control measures. Incident Details and Scene Description The accident took place at approximately 3:30 PM in an apartment complex in Gangseo District, Seoul. The victim, identified only as Ms. A and believed to be in her late teens, fell from the 13th floor and struck several pedestrians walking on the pathway below the building. Among the injured were a woman in her 40s and her teenage daughter, who suffered the most severe injuries from the impact. Both were immediately transported to nearby hospitals for emergency treatment, along with two other individuals who sustained minor injuries from debris and the chaos that followed. Witnesses ...

2025 Korean Real Estate Market Revolution South Korea's real estate market is experiencing significant transformation in 2025 under the new administration's policy framework. The comprehensive deregulation measures announced in June have fundamentally altered the investment landscape, creating new opportunities for both domestic and international investors. Major Policy Changes in 2025 The Korean government has implemented sweeping changes to real estate regulations, marking a decisive shift from the restrictive policies of previous years. These changes reflect the administration's commitment to stimulating economic growth through increased real estate activity. Key Regulatory Updates: Loan-to-Value (LTV) Ratio: Increased from 70% to 80%, allowing buyers to secure larger mortgages with smaller down payments. This change particularly benefits first-time homebuyers and young families seeking to enter the property market. Debt Service Ratio (DSR): Relaxed from 4...

Immediate Market Impact of New Restrictions One week after the Lee Jae-myung administration implemented its 600 million won cap on housing mortgage loans to stabilize Seoul property prices, the real estate market is experiencing significant disruption. With purchase cancellations and contract withdrawals surging, experts are noting both positive stabilization effects and concerning market contraction. The June 27 real estate measures, centered on the 600 million won mortgage cap, represent ultra-strong regulations that limit total loan amounts regardless of income or property value. This policy targets the top 10% of borrowers and is central to the government's plan to reduce annual household debt growth by 25% from the projected 50 trillion won increase. Given that Seoul's average apartment price stands at 1.4 billion won, the 600 million won restriction effectively limits market participation to buyers with substantial personal capital. Investors...

Paradoxical Effects of Loan Restrictions Despite the South Korean government's strictest real estate loan regulations, Seoul apartment prices continue their upward trajectory. The combination of mortgage loan limits exceeding 600 million won and third-phase DSR (Debt Service Ratio) regulations has dramatically reduced transaction volumes, but paradoxically created upward pressure on housing prices due to property shortages. Regulatory Measures and Market Response The government's super-strong real estate measures announced on June 27th aimed to control housing prices in Seoul and the greater metropolitan area by limiting maximum mortgage loans to 600 million won. Combined with the implementation of third-phase DSR regulations, purchasing homes through loans has become significantly more difficult. However, these powerful regulations are producing paradoxical results. Despite property owners in Han River belt areas reducing asking prices by hundreds of millions of won,...

Hyundai E&C Launches Comprehensive "Total Care" Service for Reconstruction Projects Starting with Apgujeong Hyundai Engineering & Construction (Hyundai E&C), one of South Korea's leading construction companies, is introducing a paradigmatic shift in the reconstruction market through its innovative "Customized Total Care for Reconstruction" service. Beginning with the Apgujeong reconstruction project, this comprehensive approach extends far beyond traditional construction services to provide integrated real estate solutions, drawing significant attention from the industry. Innovation in Site-Specific Customized Consulting The core of Hyundai E&C's new service lies in meticulously analyzing the unique characteristics of each reconstruction site to provide tailored solutions. The strategy focuses on maximizing customer satisfaction through differentiated approaches that reflect the disti...

South Korea's government has implemented sweeping real estate loan restrictions in late June 2025, sending shockwaves through the housing market as authorities attempt to cool soaring property prices. The comprehensive regulatory package represents one of the most aggressive interventions in the housing sector in recent years, but critics question whether these measures will achieve their intended goals or exacerbate existing problems. The most significant change involves a dramatic reduction in the Didemtol loan ceiling, dropping from 250 million won to 200 million won. This government-backed home loan program, designed to help ordinary citizens purchase their first homes, has been a cornerstone of Korea's housing policy for working families. The reduction comes at a particularly challenging time, as Seoul property prices continue reaching record highs weekly. Perhaps most controversially, the restrictions have extended to newborn special loa...