"If you build it, it sells." There was a time when that was the case. Whether it was a shopping mall or an office building, providing space attracted people, and within that space, business flourished. However, with online and digital technologies deeply ingrained in our daily lives, offline spaces can no longer survive simply by "existing." Shopping malls,…
When filing your comprehensive income tax return, you'll often receive advice on how to reduce income and gift taxes on rental income. Consulting on tax-saving strategies reveals several basic and detailed guidelines for tax savings. For this…
To qualify as a subject of sectional ownership (exclusive portion) under the Act on the Ownership and Management of Condominiums (hereinafter referred to as "this Act"), a building must possess structural independence and independence in use (Article 1 of this Act). Therefore, in principle, sectional ownership is...
Can a commercial tenant refuse to renew a lease even the day before its expiration date? Through recent consultations with landlords, I learned that many people misunderstand the tenant's right to refuse to renew a lease under the Commercial Building Lease Protection Act (hereinafter referred to as the "Commercial Building Lease Protection Act"). I will briefly explain the tenant's right to refuse to renew a lease using a case study.
2025.6 Comprehensive Housing Price Index Note: The national housing price index rose 0.141 tp3t in June compared to the previous month, reversing from a slight decline last month. In Seoul, the increase expanded significantly to 0.951 tp3t, with major complexes and large-scale housing complexes experiencing strong redevelopment expectations leading the gains.
Eduwill is a leading education company in Korea that has been leading certification education for over 30 years since its establishment in 1992. The cumulative number of members has exceeded 5.3 million, and it has won 19 awards from government agencies, including the Presidential Award. These figures show that Eduwill…
Setting a new standard for commercial real estate brokerage: Introducing the CEO of REMAX Myeongdang Hello. I am Eunyoung Choi, the CEO of REMAX Myeongdang. I am currently focusing on commercial real estate brokerage, mainly in Yongin, Gyeonggi-do, and I am involved in various industries such as commercial, land, and building brokerage…
Remax Korea, 2025 Overseas Real Estate Investment Seminar & AND Event Successfully Held The '2025 Overseas Real Estate Investment Seminar', which provided in-depth information and strategies on the Tampa area in the United States, which has become a new target for global real estate investors...
In 2025, Korea will enter the full-fledged 'era of foreigners flocking in'. The number of foreign tourists visiting Korea this year is expected to approach 20 million, and the number of foreigners staying in Korea has exceeded 2.65 million. Beyond tourism, there are also residence, employment, study abroad, and…
One of the biggest concerns for tenants doing business in a commercial building is whether they will be able to keep their deposit when the building is auctioned due to the building owner’s circumstances. The money they have saved over a long period of time can disappear in an instant during the auction process…
