Korea is entering a super-aging society and the age of centenarians. As human life expectancy is extended due to various environmental changes and technological developments, the time after retirement is gradually increasing. This presents new opportunities and challenges to many people at the same time…

Continue ReadingReal Estate Knowledge: Retirement Planning and Income Real Estate Investment

Interest rate fluctuations are one of the major variables that determine the flow of the real estate market. Since September of this year, the United States has begun to lower its benchmark interest rate, which had been frozen for over a year, and the Bank of Korea has also lowered its benchmark interest rate from 3.50% to 3.00% twice. However, before 2022…

Continue ReadingReal Estate Knowledge: 2025 Commercial Real Estate Market Outlook

The cases of rent and monthly rent damage, which have emerged as serious social problems in the past year or two, cannot be anything other than a shameless fraud, considering that the victims are socially disadvantaged or new members of society. Most of the victims are human…

Continue ReadingReal Estate Knowledge: How should brokerage firms deal with the monthly rent scam that is stealing the hopes of ordinary citizens?

A sublease agreement refers to a lease agreement in which all or part of a commercial building is entered into by a lessor (building owner) and the current lessee, and then the current lessee re-leases it to a third party within the scope of the lease. In this case, the current lessee is the lessor. To (building owner)…

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Investment in sales-type hotels (including living accommodations) is generally made with the expectation that it is a small investment and high rental income (profit from consignment operation). However, no matter how small the investment, the proportion of the investment amount to the investor's assets is not small. Because it is a sales type…

Continue ReadingReal estate common sense: Considerations when investing in a sales-type hotel

An office commercial district refers to a commercial district in which offices are concentrated in a specific area. This commercial district is an area with a low settled population and a large floating population, and is mainly dependent on the consumption of office workers. Therefore, the office commercial district refers to a commercial district with a high concentration of office workers...

Continue ReadingReal estate knowledge: Current status of four major office commercial districts

Knowledge Industry Center, which was called Apartment-type Factory until 2009, changed its name to Knowledge Industry Center due to the revision of the law. It refers to a building-type factory located in an urban area, new city, or factory area. Knowledge Industry Center is a building where manufacturing facilities, knowledge industry, information and communication industry facilities, and support facilities are combined in one building…

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