Former Shinhan exec to direct KB's digitization
Former Shinhan exec to direct KB's digitization
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Former Shinhan exec to direct KB's digitization
[Market Close-up] Housing price rally likely to continue next year over supply shortage | The photo shows apartment complexes in Seoul on July 28. (Yonhap) South Korea’s housing price rally, sparked by a supply shortage and tightened regulations throughout the year, is likely to continue next year, stoking concerns about housing market instability. According to KB Financial Group in a report, housing prices across the country will see an upward march overall next year while two-year rentals requiring a refundable lump-sum deposit in lieu of monthly rent, called “jeonse,” will also be ...
'Changes in spending trend to affect commercial property market next year' report | Skyscrappers in Yeouido, a financial district in Seoul. (Yonhap) The growing number of small businesses, including restaurants and mom-and-pop stores closing down their operations amid the lingering coronavirus crisis, has seriously affected commercial real estate markets as well, a report said Wednesday. The report published by KB Financial Group suggested that commercial property markets will continue to suffer next year, along with hotel, commercial space rental, and retail businesses, among others, faci...