Building a new building is a significant investment, a dream come true for building owners. However, most builders focus on design, construction, and permitting, overlooking tax pitfalls and often face unexpected tax consequences. Real estate taxes are based on factors such as the tax base date, the location of the corporation, and the real estate…
2025.10 Comprehensive Housing Price Index [Sales] The national housing sales price index in October 2025 rose 0.291 TP3T from the previous month, continuing its upward trend for the seventh consecutive month. Seoul, in particular, rose 1.191 TP3T, significantly exceeding the national average, and key areas with excellent residential conditions, education, and transportation infrastructure…
Perhaps retirement is one of the things I most dread in life. I'm still young at heart, but I've spent half my life without ever having a chance to properly protest against the lifespan that's constantly being renewed, year after year...
With the announcement of the results of the 36th Certified Real Estate Agent Examination in 2025, the real estate brokerage industry has already entered a fierce hiring competition. Real estate offices across the country are posting job openings with various conditions to secure new agents, and social media and job search platforms are flooded with advertisements like "yield..."
November, Accelerating Global Network Expansion...The Trends of Change Driven by Remax Korea. During November, Remax Korea made significant progress in several areas, including strengthening global network cooperation, announcing agent and franchisee performance, and hosting franchisee show property events.
Reviving Aging Accommodations: A New Combination of Real Estate and Hospitality. Global real estate franchise REMAX Korea has partnered with hotel management specialist AZMT to launch a new project aimed at revitalizing the value of vacant properties. The two companies signed a strategic memorandum of understanding (MOU) on November 7th…
US real estate is divided into primary residences and investment properties, and the tax structures applied to each are significantly different. A common misconception among Korean investors is the assumption that the US is similar to Korea. However, in the US, real estate…
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).
Jang Woo-bin, a business administration major, began his career as a securities analyst. He then worked in M&A and investor relations, and as CFO at a subsidiary of a major gaming company, gaining valuable experience in corporate management.
When Korean nationals, foreign nationals, or overseas Koreans residing abroad engage in domestic real estate transactions and contracts, and are unable to visit the transaction site in person, they are required to delegate legal authority to a trusted agent. This document must be completed…
