Democratic Party policy chief Kwon Chil-seung signaled on Sept 6 the property tax overhaul could still change, as Seoul Economic Daily reported a projection that 22 of Seoul's 25 districts ...
On 1 September, South Korea's cabinet approved a property tax package that is milder than the one announced a month earlier. On 3 September, Seoul rep
South Korea's President Lee Jae-myung has announced simultaneous financial reform, tax reform, and a housing-supply expansion, vowing to break the cycle of real estate speculation.
South Korea's ruling party is walking back a tax hike on non-resident homeowners as the tax agency cracks down on corporate-owned 'company mansions'.
Seoul pressed ahead with a property tax overhaul despite its own survey showing a near-even split, as a petition against the plan nears 40,000 signatures.
South Korea's FSC raised construction financing support and unveiled new policy loans for young, owner-occupier homebuyers.
South Korea's government announced its 2026 tax reform plan on August 3, raising both holding and transaction taxes on non-resident single-home owners and owners of high-value homes. Just two days ...
Reuters reported on 3 August that South Korea’s finance ministry has proposed changes to property-tax rules that would place more of the burden on multiple-home
A reported proposal in Korea would make it easier, on paper, to qualify for deferring a housing-related tax bill — by lifting the salary ceiling that gates elig
Standard Chartered Korea has suspended new applications for general home-backed mortgage loans at all branches, according to a 21 July report by Seoul Economic
