According to the Korea Real Estate Board, the national average office vacancy rate in the third quarter of 2025 was 8.91 tp3t, up 0.31 tp3t from the previous quarter (8.61 tp3t). The temperature difference within the metropolitan area was evident. Gyeonggi Province saw the largest increase nationwide, surging 4.11 tp3t to 11.11 tp3t, while Seoul saw the largest increase, reaching 5.31 tp3t (+0.31 tp3t).
When renting a commercial space and running a business, significant expenses are incurred, including interior design, kitchen facilities, and signage. However, disputes often arise over what to do with these facilities when the lease expires. The landlord demands, "Restore it to its original condition," while the tenant insists, "Just leave it as is..."
2025.9 Comprehensive Housing Price Index [Sales] Note: The national housing sales price index in September 2025 rose 0.101 tpa3t from the previous month, continuing its upward trend for the sixth consecutive month. Seoul, in particular, saw a 0.581 tpa3t increase, significantly exceeding the national average. Buying activity continued, particularly in redevelopment projects, near subway stations, and large-scale complexes.
The content of stabilization measures and the decision to own a future home are a dream for some, a key means of preserving asset value for others, and a foundation for their livelihoods. Therefore, any hasty policy will inevitably be detrimental to everyone. This…
"There's no such thing as an easy contract."... A late-blooming rookie agent finds her path through trial and error for six months. The market is harsh, but people are warm. The six months of Remax Meister Choi Hyun-mi, who found growth through failure, proved the true meaning of that saying.
W. Lee Mi-young, Vice President of Remax Korea. For some, it's a last resort after retirement or business closure, and for the younger generation, it's a starting point for their future endeavors. The Certified Real Estate Broker Exam, which begins every fall, is a must-attend event. This year, the 36th exam attracted over 160,000 applicants, demonstrating unwavering enthusiasm...
Foreigners' Pre-Approval System for Residential Real Estate Purchases Fully Implemented Starting August 26, 2025, the Ministry of Land, Infrastructure and Transport (MOLIT) will implement a system requiring foreigners and others to obtain prior approval for purchasing residential real estate (including land) in some areas of the Seoul Metropolitan Area.
Since the government announced its housing market stabilization measures on October 15th, attention is focused on the future of the commercial real estate market, which has avoided the direct impact of regulations. Commercial real estate is expected to see a easing of "Korea Risk" in the first half of the year, a revitalized stock market, the entry of foreign companies into the domestic market, and a surge in tourism.
Advisor Lee Gun-young Joins REMAX Korea Headquarters. With over 40 years of experience at REMAX West Realty Brokerage in Canada, Lee Gun-young has joined REMAX Korea as an advisor. Having lived in Canada for over 50 years and gained global sales experience with REMAX Canada, he brings a wealth of experience in Korea and…
“Building a global one-stop service from moving to real estate through partnership between two companies” Global real estate franchise REMAX Korea and global relocation specialist Crown Worldwide Korea have signed a memorandum of understanding (MOU) to provide integrated services for overseas relocation customers.
