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ECONOMY

Gov’t to supply 2.7 million homes over 5 years

AsiaToday reporter Lee Ji-hoonThe government will supply 2.7 million new homes in the next five years, including 500,000 homes in Seoul. In order to do this, it plans to ease regulations for redevelopment and reconstruction and allow the private sector to participate in urban development projects. The government unveiled the home supply plan Tuesday at a mee..

Gov’t hikes appraisal prices of expensive regions
By AsiaToday reporter Cheong Ah-reum The South Korean government hiked appraisal land prices of Seoul by almost 14 percent in 2019 compared to last ye..

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