Foreigners intending to invest in Korean real estate must now reside in the property for two years and obtain approval, aimed ...

South Korea is cracking down on foreigners buying property in the nation’s capital.  On Thursday, the government revealed new ...

Apartment complexes in Seoul on Oct. 5, 2024. Apartments first began appearing in South Korea in 1960s and 1970s, as part of a government response to a housing crisis in the nation's capital.

SEOUL: South Korea has introduced new restrictions on foreign property purchases in the greater Seoul area, its latest effort to curb housing prices.

SEOUL, March 26 (Yonhap) -- The combined value of homes in Seoul accounted for nearly 34 percent of South Korea's total housing market value, central bank data showed Wednesday.

SEOUL, South Korea — For many Americans, the apartment where 29-year-old IT specialist Lee Chang-hee lives might be the stuff of nightmares.