<Sales> Although nationwide sales prices rose by 0.151 TP3T in March 2026, the essence of the market is closer to 'holding out' than 'rising'. The Seoul Metropolitan Area (0.271 TP3T) and Seoul (0.391 TP3T) led the increase, but this is a localized rise centered on certain preferred complexes rather than a revitalization of transactions. In Seoul, Gwangjin-gu (0.911 TP3T), Seongbuk-gu (0.811 TP3T), Seodaemun-gu (0.741 TP3T), etc…
Nevertheless, what makes the alleys that survive different? In Search of Surviving Alleys. In the article from the last April issue, we examined the formula for the rise and fall of Seoul's alley commercial districts through Garosu-gil and Gyeongnidan-gil. Unique small business owners, attracted by low rents, create the charm of the alleys, and that charm…
REMAX People: The First Stamp That Bloomed After Breaking a 13-Year Vacancy Returning to Seoul after ending my long 13-year life in the U.S., Seoul felt like a strange land of strangers, despite being my homeland. News, advertisements, and even dialogue in dramas sounded awkward, and the tangled... in my head
When acquiring a small commercial building under joint ownership, it is rare to purchase it entirely with equity. There is inevitably a loan amount involved, and in order to reduce income tax by having the interest expenses on the loan recognized as necessary business expenses from future rental income…
<Sales> In February 2026, the nationwide housing sales price index rose by 0.231 TP3T compared to the previous month, maintaining a moderate upward trend. The Seoul metropolitan area led the market with a rise of 0.421 TP3T, significantly exceeding the national average, while provincial areas showed a relatively weak trend, rising by only 0.061 TP3T. Seoul was 0.661 TP3T…
As uncertainty in the real estate market intensifies, investors prefer platforms with verified data and systems. According to a recent analysis of RE/MAX Korea's listing page metrics, an "information bias" phenomenon was observed, characterized by a significant increase in site traffic despite the contraction of the transaction market. This indicates that users'…
Buildings Are Strategy: Designing a Company's Future Upon Space. Amidst the forest of skyscrapers in Gangnam, there is someone who goes beyond being a mere broker buying and selling buildings to redefine value by placing a company's identity upon its space. Lee Myung-hee, Director at RE/MAX Wide Partners, states, “An office building is…
How Commercial Districts Are Born and Die: Entering the Alleys of Mugyo-dong. In the alleys of Mugyo-dong and Dadong that I pass through every day on my way to work, two times flow. Between the modern and state-of-the-art prime offices and the alleys beneath their shadows, a building that opened in 1956…
On May 9, 2026, the 'deferral of heavy capital gains tax' that has been in effect will end. Therefore, multi-home owners must make decisions regarding transfer, gifting, or holding before then. If you decide to transfer, in May, prior to the government-announced heavy tax application date (May 10)...
The keyword currently dominating the real estate market is undoubtedly "small-scale or capital-free building owners." YouTube and social media are overflowing with success stories of people purchasing buildings without any equity and making billions of won in capital gains. However, behind these sensational promotional slogans…
