Seoul, the capital of Korea, boasts a history of over 2,000 years. Most recently, Seoul has been sharing its development knowhow with cities around the world as global attention in.
The Seoul Metropolitan Government announced a plan to construct Jamsil Sports MICE (Meetings, Incentives, Conventions, and Exhibitions) Complex including a domed stadium in southeastern Seoul s Jamsil by 2031. The urban development plan was unveiled while Seoul Mayor Oh Se-hoon was on a visit to Canada and the United States.
For many Koreans, real estate represents more than a place to live. For decades, it has yielded remarkable returns for investors, fostering the belief that prices will continue to climb as long as others keep investing in property. By the end of 2021, real estate accounted for 64.4 percent of assets owned by Korean households.