Mongolia successfully concludes the Remax Asia Pacific Convention
The Future of the Global Network and Real Estate Market: A Look at Mongolia, the Land of Opportunity
The 8th REMAX Asia Pacific Convention, held at the Shangri-La Hotel in Ulaanbaatar, Mongolia from July 2 to 5, 2025, concluded successfully.
This convention was a place where regional owners (Remax headquarters in each country), Remax franchise representatives, and agents from each Asian country gathered to share global real estate strategies and expand their referral network (a system that introduces and connects domestic and international customers).
The Remax Korea team was able to experience the rapidly growing local real estate market firsthand and reaffirm Remax's brand presence on the Asian stage by participating in the entire event.
Mongolia, the "Land of Opportunity" with a Young Population and Resource-Based Growth
Mongolia is a country with a vast territory about 15 times that of South Korea and abundant resources such as coal, copper, gold, and rare earth elements. It also has a young population with more than half of the population under the age of 30.
Recently, the Mongolian government has been expanding its scope beyond mining and agriculture to renewable energy, finance, and infrastructure development in order to diversify the economy, and as a result, the Mongolian economy is expected to grow by 7% in 2023, up 2%p from the previous year. Deposit interest rates are also maintained above 10%, creating an environment for domestic and foreign capital inflow.
In line with the dynamic Mongolian economy, urban development centered around Ulaanbaatar is also progressing rapidly amid rapid urbanization. In particular, the new city in which many Korean companies have recently participated resembles the structure of a new city in Korea, and is familiar to domestic consumers to the point that it has been nicknamed “Mongtan New City.”
According to on-site observations by the REMAX Korea team, the price of an apartment in Ulaanbaatar ranges from approximately 100 million to 200 million won, or about one-third of the price in Korea. Meanwhile, Mongolia's average income remains at one-seventh of Korea's, making balancing supply and demand in the real estate market and restructuring the financial system key challenges.
This structure is very attractive to foreign investors and is receiving strategic attention due to its high potential for future growth in the real estate market.
A convention that focuses on global trends and technology
The convention consisted of the following programs. The main programs of the convention began with a presentation on the current state of Mongolia’s economy and real estate market by the CEO of the Mongolian Stock Exchange, followed by future city development strategies and real estate technology outlook (CEO of Cybertecture), agent recruitment, retention, and monetization strategies, sharing of listing acquisition and sales know-how, and a global broker panel discussion.
In addition, sessions were held to share AI-based real estate operation systems and Asian technology trends, analyze overseas real estate investment opportunities, and have cultural exchange and referral networking sessions for each country. The event concluded with a street tour of Remax Mongolia’s main offices and a welcome dinner and gala reception.
REMAX Korea participated in the entire event, from the pre-regional owner session to the main conference and the Mongolian traditional festival, Naadam, and had a meaningful time accumulating extensive on-site exchanges and market insights.
This convention was a moment of profound significance for Remax Korea. First, the Cultural & Referral Exchange session showcased Korean culture through hanbok and traditional Korean accessories, garnering a enthusiastic response from attendees. Remax Korea received the Best Participation Award for being the most popular among all participating countries.
In the strategic discussion session with regional owners representing global participating countries, Shin Hee-sung, CEO of REMAX Korea, gave a presentation on ‘Strategic Leadership for Sustainable Growth and Vision Execution.’ He presented a strategic direction for brand growth based on his actual operating experience in the Korean market, and received high praise from REMAX Global Headquarters.
Furthermore, Remax Gold Asset CEO Ryu Kwan-ha participated in a session with broker owners from various Asian countries on the topic of "The Role of Broker Owners in Agent Success," sharing his experiences in Korea and producing top producers, drawing significant attention. Above all, the convention provided an opportunity to examine and concretize the strategies and systems REMAX needs to further expand its influence in Korea. Furthermore, sessions focused on AI-based real estate operation systems and Asian technology trends, analyzing overseas real estate investment opportunities, and engaging in cultural exchange and referral networking sessions. The event concluded with a street tour of Remax's main Mongolia offices, followed by a welcome dinner and gala reception.
REMAX Korea participated in the entire event, from the pre-regional owner session to the main conference and the Mongolian traditional festival, Naadam, and had a meaningful time accumulating extensive on-site exchanges and market insights.
Now is the right time to enter the Mongolian real estate market.
The Mongolian real estate market is in its early stages of global entry, and its rapid growth potential based on urbanization and resource development presents attractive opportunities for international investors.
Currently, Remax is rapidly expanding its franchise offices throughout Mongolia, and local franchisees are establishing operating methods that reflect Mongolia's local characteristics based on a global system.
REMAX Korea plans to use this visit as an opportunity to continue practical business cooperation with domestic companies, brokers, and investors interested in advancing into the Mongolian real estate market.
If you are planning to enter the local Mongolian real estate market, you can receive practical advice, including specific investment information, partnership connections, and procedural guidance, through REMAX Korea.
Changing the domestic real estate brokerage landscape… Remax Korea's 12-year journey
Celebrating 12 years of founding... Accelerating growth based on a global network
REMAX Korea, a global real estate franchise, celebrated its 12th anniversary today (July 9th). Launched in Korea in 2013, REMAX Korea is now part of a global brokerage network of approximately 145,000 real estate professionals across 110 countries, spearheading the trend of consolidation, corporatization, and specialization in the Korean real estate market.
REMAX publishes the monthly "REMAX Journal," which features domestic and international real estate trends and investment information. The company has established a foundation for sustainable growth through customer-centric service, the introduction of a cutting-edge smart brokerage system, and the operation of global education programs. Recognized as one of Maeil Business Newspaper's Top 100 Franchises for four consecutive years, REMAX has solidified its brand credibility and industry standing. A company representative explained, "Remax is moving beyond a simple brokerage brand to become a comprehensive real estate partner, encompassing high-yield real estate investment consulting and asset management."
Shin Hee-seong, CEO of Remax Korea, said, “We were able to get to this point thanks to the 43 franchisees and 400 members who have been with us for the past 12 years, as well as the many customers who trusted and chose Remax,” and added, “We will continue to expand our customer-centered services based on expertise and trust.”
Furthermore, we plan to strengthen our overseas real estate brokerage services for individuals and companies planning to reside or expand overseas, while continuously expanding our diverse range of customized services, encompassing domestic real estate management for overseas residents. Furthermore, by adapting international systems and advanced brokerage culture to the local context, we aim to contribute to enhancing transparency and professionalism in the Korean real estate market.
Remax Korea Named "Maeil Business Newspaper's Top 100 Franchises" for Five Consecutive Years
Global real estate franchise Remax Korea (CEO Shin Hee-seong) has been selected as one of the '2025 Maeil Business Newspaper's Top 100 Franchises' for the fifth consecutive year.
Remax Korea has steadily grown in the domestic real estate market through its expert-driven, differentiated services, smart brokerage system, and systematic agent education and training. In particular, its customized brokerage services optimized for domestic clients, real estate investment consulting leveraging its global network, and rigorous employee training have been recognized as key to its brand competitiveness.
The awards ceremony was held at 10:30 a.m. on Wednesday, July 23rd, in the main auditorium on the 12th floor of the Maeil Business Newspaper Media Center, and was attended by approximately 120 people, including franchise industry representatives and executives.
Shin Hee-seong, CEO of Remax Korea, said, “Being selected as one of Maeil Business Newspaper’s top 100 franchises for five consecutive years is a proud achievement for Remax Korea, which has grown together with its customers,” and added, “We will continue to grow as a company that fulfills its social responsibility based on expertise and trust.”
