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91,000 homes foreign-owned, mostly by Chinese

The number of homes owned by foreign nationals came to 91,453 in December 2023, with 55 percent of them belonging to Chinese nationals, government data showed Friday. The Ministry of Land, Infrastructure and Transport released a report on foreign-owned real estate assets, which showed that 0.48 percent of all homes in the country are owned by non-South Koreans. The number of foreign-owned homes rose 4.8 percent compa.

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[Photo News] OLED train windows

LG Display said Sunday that it has delivered transparent organic light-emitting displays for the windows of the latest Great Train Express trains, the new high-speed trains connecting the Greater Seoul area. It is the first time that transparent OLED screens have been used in train windows here to display route maps and other entertainment content for passengers. LG has been supplying transparent OLED train windows t.

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Aging population to drive down Korea's housing prices from 2040: experts

South Korea's housing prices are expected to see a long-term decline starting in 2040, hit by the nation’s falling birth rate and quickly aging society, according to experts who joined a Seoul seminar hosted by construction project management firm Hanmi Global on Tuesday. "In 2025, South Korea will become a superaging society with an over-65 population surpassing 10 million, which will account for mor.

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South Korea opposition parties expand Assembly dominance

South Korea opposition parties expand Assembly dominance Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

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Opposition continues Assembly dominance

The opposition bloc won a landslide victory in the general election, but the ruling bloc managed to defend the 100-seat threshold that could otherwise have deprived President Yoon Suk Yeol of his veto power, a vote count showed on Thursday morning. As well as being a second victory in a row for the center-left, the vote outcome also indicated that the regional divide still stands in South Korean politics. Ballot coun.

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