If you go to a low-rise residential area with a high degree of aging, such as Sinsa-dong in Gangnam-gu, Seoul, where development profits are expected, you can see old houses being torn down and neighborhood living facilities (commercial buildings) being built. This was not a common sight until now, but such sites will increase in the future…
2025.5 Comprehensive Housing Price Index Note The Comprehensive Housing Transaction Price Index increased in Seoul (0.38%) compared to the previous month, and the metropolitan area (0.10%) also increased slightly, but due to the increase in the decline rate in local areas, it ended with a slight consolidation and decline nationwide (-0.02%). Compared to last month, the number of rising areas (67→63) decreased, the number of consolidating areas (3→2) decreased, and the number of declining areas (108→113) increased, showing a decrease from the previous month…
The changes and complexity of the commercial real estate market are also having a profound impact on the corporate management environment. In addition to the acquisition, management, and sale of real estate assets, it is an era in which systematic advice and strategic decision-making are required in various professional fields such as taxation, accounting, labor, and law. In this trend…
Partners who design our clients’ success: Remax Elite Group CEO Introduction Hello. This is Remax Elite Group. We are a strategic partner who designs our clients’ profits and brand success, beyond a simple brokerage. Based on REMAX’s global network and systematic system, our Elite Group is an exclusive…
May, news of a new REMAX franchisee In May 2025, a new franchisee joined REMAX. We send our great expectations and support for REMAX Daon, which is making a new start together. REMAX Daon "We decided to become a franchisee based on our trust in the REMAX brand." REMAX Daon is located in Seoul…
The recent trend of global wealthy people moving is bringing about new changes in the real estate market. In particular, the United Arab Emirates (UAE) and the United States are attracting the attention of the world's wealthy, ranking first and second in net wealth inflow countries in 2024. At the same time, high net worth individuals in Korea are also moving overseas…
2025.4 Comprehensive Housing Price Index Note The Comprehensive Housing Sales Price Index ended with a slight consolidation nationwide (-0.02%), with Seoul (0.25%) showing a low increase rate compared to the previous month, and the metropolitan area (0.07%) also showing a low increase rate. Compared to last month, the number of rising areas (67→67) was maintained, the number of flat areas (1→3) increased, and the number of falling areas (110→108) decreased, showing a similar fluctuation range compared to the previous month. Seoul…
Article 5, Paragraph 1 of the Act on Ownership and Management of Condominiums (hereinafter referred to as “this Act”) stipulates that “unit owners shall not commit acts detrimental to the preservation of the building or other acts that run counter to the common interests of unit owners in the management and use of the building…
The land transaction permit system was introduced to suppress speculative demand in the real estate market and create a market centered on actual demanders. However, since its implementation, there have been various reactions from the market. The effects revealed in numbers, loopholes in the system, structural limitations, and future…
April, news of new REMAX franchisees In April 2025, two new franchisees joined REMAX. We send our great expectations and support to the franchisees who are making a new start together. REMAX HaewonREMAX Haewon has newly joined the REMAX family. REMAX Haewon is…
