The average monthly rent paid by apartment tenants in Seoul this year has surpassed 1 million KRW. Among these, one-third of all monthly rent transactions are high-priced rents exceeding 1 million KRW ...

Since lending rules were tightened, the “shift from jeonse to monthly rent” has been accelerating. With the fallout from jeonse fraud continuing, a drop in jeonse listings and tougher loan regulations ...

South Korea’s property market rally gained further momentum, reinforcing a decision by the central bank to refrain from ...

SEOUL, March 29 (Reuters) - South Korean President Moon Jae-in on Monday fired his top economic policy adviser for raising the rent on an apartment he owns in Seoul's affluent Gangnam district amid a ...