Why do prices differ for the same building? Investors look at the profit structure. This is an example of a neighborhood commercial facility located in the Seoul metropolitan area that was recently sold exclusively. When the request was first received, the building was an asset inherited through succession. The building owner did not manage it directly but operated it through a manager…

Continue ReadingReal Estate Basics: Why Do Prices Differ for the Same Building?

DDP (Dongdaemun Design Plaza) is now transforming once again into a 'city to linger.' Recently, the number of investors looking at the DDP area in a new light has been gradually increasing. For a while, Dongdaemun was referred to as a collapsed commercial district. Following COVID-19, the decline in tourists, the expansion of online platforms, and the wholesale-centered structure...

Continue ReadingFrom Fashion Mecca to Global Landmark… Real Estate Around DDP 'Re-evaluated'

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…

Continue ReadingREMAX PEOPLE: Director Lee Myung-hee of REMAX Wide Partners

Korean Commercial Real Estate: Where Crisis and Opportunity Intersect. The Korean economy faces two structural pressures as of 2025. On the fiscal front, soaring national debt and a persistent fiscal deficit are exacerbating financial market instability. On the industrial front, tightening regulations in the construction industry…

Continue ReadingReal Estate Knowledge: The Korean Commercial Real Estate Market Shaken by Fiscal Expansion and Regulatory Environment
Read more about the article 부동산상식: 2025년, 정책 변화가 흔드는 부동산 시장
Beautiful aerial view of architecture building in Seoul City

By the second quarter of 2025, the commercial real estate market would be more accurately described as a "flood" of listings, rather than a mere "increase." South Korea has experienced numerous crises, but unlike the 1997 IMF foreign exchange crisis and the 2008 global financial crisis, the current situation...

Continue ReadingReal Estate Knowledge: 2025: The Real Estate Market Shaken by Policy Changes

The real estate market in 2025 is expected to undergo complex changes due to various factors. The current geopolitical risks and disruptions in the global supply chain facing the world economy will also affect the real estate market. These issues will cause material prices to skyrocket, and raw materials…

Continue ReadingReal Estate Common Sense: 2025, Seize the Opportunity in the Global Economic Crisis!

With the advent of Chat GPT4.0, the speed of the world guided by AI will be difficult for the existing generation to keep up with. In particular, the real estate investment market will feel even more alienated, and before worrying about that, it is better to understand the MZ generation and think about real estate investment strategies for them…

Continue ReadingReal Estate Knowledge: Chat GPT leads the world, is your building okay?