Ministry of Land, Infrastructure and Transport

South Korean public housing development and vacancy trends

5 clusters · 8 sources · last updated about 13 hours ago

Latest: LH begins compensation for Seoul urban housing projects

The Korea Land and Housing Corporation (LH) is managing diverse aspects of public housing in South Korea, ranging from new development initiatives to managing existing vacancies. In Seoul, LH is accelerating urban housi

South Korean debt stress, bank profits and credit risks

40 clusters · 37 sources · last updated about 15 hours ago

Latest: South Korean card loan rates drop to 13% despite rising funding costs

In mid-August 2026, South Korea’s household credit was projected to exceed 2,000 trillion won. To manage this, the Financial Services Commission doubled the annual household debt growth target from 1.5% to 3.0%. In respo

South Korean municipal dome stadium bids

3 clusters · 8 sources · last updated 1 day ago

Latest: Gwangmyeong Mayor Park Seung-won outlines future city policies

South Korean municipalities are competing to host large-scale sports and performance dome stadiums through national government funding competitions hosted by the Ministry of Culture, Sports and Tourism. Daegu Metropolit

South Korean apartment fund mismanagement

2 clusters · 2 sources · last updated 1 day ago

Latest: South Korea apartment management fee alerts lack follow-up oversight

Investigations into South Korean multi-family housing have revealed significant mismanagement of long-term repair reserve funds, totaling approximately 11.17 trillion won. Over a five-year period, 3,299 violations were d

Cultural and community festivals in Yongin

6 clusters · 11 sources · last updated 1 day ago

Latest: Seongnam and Yongin host large-scale cultural and urban regeneration festivals

Yongin Special City is hosting a series of community-focused cultural and urban events throughout October 2026. The programming begins with the 8th Yongin Book Festival on October 9, themed ‘Filling the Blanks of Daily

Seoul and regional housing market shifts and rising costs

55 clusters · 45 sources · last updated 1 day ago

Latest: South Korea housing market shows regional divergence and rising costs

Seoul’s housing market is experiencing intensified divergence between high-end districts and mid-to-low-priced areas. While high-end districts like Gangnam, Seocho, and Songpa have faced price declines due to tax burdens

Seoul Mayor Oh Se-hoon acquitted in political funds appeal

7 clusters · 28 sources · last updated 1 day ago

Latest: Seoul Mayor Oh Se-hoon acquitted in political funds case

The Seoul High Court has acquitted Mayor Oh Se-hoon of violating the Political Funds Act, overturning a lower court's decision that had imposed a 10 million won fine. The original conviction had threatened Oh's position,

Goyang City urban development and resident engagement

10 clusters · 11 sources · last updated 3 days ago

Latest: Goyang City holds community forums to address local issues

Goyang Mayor Min Kyung-sun has engaged in ongoing discussions with central government officials to transition Goyang from a residential suburb into a self-sufficient city. Initial efforts focused on expanding transportat

South Korean minor real estate and tax concerns

2 clusters · 6 sources · last updated 4 days ago

Latest: South Korea minor home purchases rise nearly twofold

Concerns have emerged regarding the involvement of minors in real estate and business ownership in South Korea, raising suspicions of tax evasion and irregular wealth transfers. In Incheon, investigations have highlight

South Korean regional real estate market trends

5 clusters · 19 sources · last updated 4 days ago

Latest: South Korean apartment prices rise in Seoul and Gyeonggi provinces

Real estate trends in South Korea continue to show significant regional disparities regarding housing supply, demand, and pricing. In Seoul, apartment sales prices have risen for 87 consecutive weeks, driven by demand in

South Korean construction industry developments

2 clusters · 3 sources · last updated 6 days ago

Latest: Daewoo E&C faces separate construction developments in Seoul and Gadeokdo

Major South Korean construction firms are managing various large-scale urban redevelopment and infrastructure projects. In Seoul, DL E&C has emerged as the preferred negotiator for the Seongsu Strategic Redevelopment Dis

South Korean autonomous bus service expansion

2 clusters · 4 sources · last updated 6 days ago

Latest: Seoul launches South Korea’s first regular night autonomous bus service

South Korean metropolitan governments are expanding autonomous public transportation services, specifically targeting nighttime mobility. Incheon Metropolitan City announced plans to introduce AI-based autonomous buses

Incheon urban transportation management and upgrades

2 clusters · 10 sources · last updated 7 days ago

Latest: Incheon completes UAM flight demonstration between Yeongjongdo and Deokjeokdo

Incheon Metropolitan City has undertaken several initiatives to manage and improve its urban transportation infrastructure. In late 2026, the city announced a 45-day emergency response system to address potential liquid

South Korean housing market stabilization efforts

2 clusters · 8 sources · last updated 7 days ago

Latest: President Lee orders accelerated housing supply in South Korea

South Korean President Lee Jae-myung has outlined a multi-faceted strategy to combat real estate speculation and stabilize the national housing market. Initially, the administration focused on addressing price volatility

2026 ITS World Congress in Gangneung

2 clusters · 7 sources · last updated 8 days ago

Latest: Gangneung hosts 2026 ITS World Congress featuring autonomous driving and AI

The 2026 ITS World Congress is being held at the Gangneung Olympic Park from October 19 to 23. Co-hosted by Gangneung City and the Ministry of Land, Infrastructure and Transport, the event marks the first time the congre

South Korean construction industry regulatory inspections

2 clusters · 4 sources · last updated 8 days ago

Latest: South Korea to crack down on illegal subcontracting at 75 construction sites

South Korean government agencies have initiated series of inspections and crackdowns targeting various sectors of the construction industry to improve safety and regulatory compliance. In late September, the Ministry of

South Korean smart mobility and transport cooperation

2 clusters · 5 sources · last updated 9 days ago

Latest: Malaysia and South Korea strengthen smart transport cooperation

South Korea is actively promoting international cooperation in smart mobility and intelligent transport systems (ITS). In September 2026, South Korean officials proposed expanding APEC cooperation on AI and autonomous dr

South Korean housing supply and construction trends

2 clusters · 9 sources · last updated 10 days ago

Latest: South Korean government launches regular housing supply briefings

Data from the Ministry of Land, Infrastructure and Transport indicates an upward trend in Seoul’s housing supply indicators. Between January and August, housing permits in Seoul rose by 40.4% year-on-year, with a signifi

South Korean residential real estate project financing

2 clusters · 7 sources · last updated 12 days ago

Latest: South Korean public guarantees increasingly backing low-equity PF projects

The South Korean government has adjusted its regulatory approach to residential real estate project financing (PF) to manage liquidity and housing supply. The Financial Services Commission announced a two-year delay for

South Korean semiconductor and AI industrial development

2 clusters · 8 sources · last updated 13 days ago

Latest: Gyeonggi leaders urge transport expansion for semiconductor clusters

South Korean President Lee Jae Myung has initiated a strategic plan for semiconductor, physical AI, and AI data center megaprojects. During a public-private inspection, Lee emphasized that these industrial hubs must be s

South Korean commercial real estate trends

2 clusters · 4 sources · last updated 13 days ago

Latest: South Korea real estate transactions decline amid rising commercial vacancies

The South Korean commercial real estate landscape is experiencing significant shifts in both activity and structure. In the first half of 2026, the market saw a rapid expansion of pop-up stores, which increased by 44.9%

South Korean regional railway expansion proposals

2 clusters · 7 sources · last updated 14 days ago

Latest: Gimpo and Yangcheon-gu propose Seoul Subway Line 2 extension

Local governments and residents in the South Korean metropolitan area are advocating for various railway expansions to address growing transportation demands and urban development. In Gwangmyeong, over 15,000 residents

South Korean aviation and airport industry trends

2 clusters · 7 sources · last updated 14 days ago

Latest: South Korean airport operators launch tourism promos and propose fee hikes

South Korea has experienced a 9.8 percent increase in international flight passengers during the first eight months of the year, totaling roughly 68.44 million travelers. This growth is characterized by a shift toward sh

Jeju Second Airport construction dispute

3 clusters · 5 sources · last updated 15 days ago

Latest: Jeju Council Chairman addresses impartiality concerns over Second Airport

The long-standing dispute regarding the construction of the Jeju Second Airport has entered a phase of attempted resolution through public consultation and administrative oversight. Jeju Governor Wi Seong-gon announced

South Korea Jeonse fraud victim support

2 clusters · 5 sources · last updated 15 days ago

Latest: South Korea recognizes 623 additional jeonse fraud victims

The South Korean government has implemented legislative and administrative measures to address Jeonse lease deposit fraud. An amendment to the Special Act on Support for Jeonse Fraud Victims and Housing Stability introdu

Gwangmyeong City climate action and smart city expansion

5 clusters · 7 sources · last updated 15 days ago

Latest: Gwangmyeong City launches new Climate Volunteer Carbon Savings Bank app

Gwangmyeong City has implemented various citizen-led climate initiatives that utilize economic incentives to encourage carbon-neutral actions. One such program is a donation campaign for the ‘Gwangmyeong-i’ public bicycl

Incheon urban development and housing management

3 clusters · 6 sources · last updated 15 days ago

Latest: iH Incheon begins compensation for Guwol 2 Public Housing District

Incheon is addressing various aspects of urban development and housing infrastructure. An Incheon Institute report identified a need for better institutional management of regional housing associations to mitigate rising

Homeplus faces tenant and labor pressure amid restructuring

31 clusters · 41 sources · last updated 16 days ago

Latest: Homeplus considers partial sale amid declining revenue

Following court approval of its rehabilitation plan, Homeplus is executing a restructuring strategy centered on asset sales and cost reduction. The company has initiated a merger and acquisition (M&A) process managed by

South Korea fiscal, tax reform, and wealth fund updates

10 clusters · 28 sources · last updated 16 days ago

Latest: National Tax Service reports rising revenue and increased enforcement

South Korea is projecting a record-breaking national tax revenue of 478.6 trillion won this year, exceeding the supplementary budget estimate by 63.2 trillion won. This 28 percent increase over the previous year is large

South Korean housing loan and real estate policy updates

2 clusters · 3 sources · last updated 16 days ago

Latest: South Korean real estate: Loan criteria and brokerage fee clarifications

South Korea has implemented several adjustments to housing loan eligibility and real estate regulations. Initially, the Korea Housing Finance Corporation updated the Bogeumjari Loan criteria to reduce the ‘marriage penal