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30 people purchased 8,000 homes: data

Nearly 8,000 homes were purchased by just 30 people over the past five and a half years, data showed on Wednesday.

Seoul , Soult-ukpyolsi , South-korea , Incheon , Inch-on-gwangyoksi , Gyeonggi , Kyonggi-do , Korea , Mount-nam , Yoon-suk-yeol , National-assembly-land , Transportation-committee

Parliamentary subcommittee passes special bill to help 'jeonse' fraud victims

A parliamentary subcommittee passed a special bill Monday aimed at assisting victims of a series of home rental scams, including offering them interest-free loans.

Seoul , Soult-ukpyolsi , South-korea , Korea , National-assembly-land , National-assembly , Transport-committee , Korea-housing , Urban-guarantee , Bill , Eonse

Parliamentary subcommittee passes special bill to help 'jeonse' fraud victims – The Korea Times

Parliamentary subcommittee passes special bill to help 'jeonse' fraud victims – The Korea Times
koreatimesus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimesus.com Daily Mail and Mail on Sunday newspapers.

Seoul , Soult-ukpyolsi , South-korea , Korea , National-assembly-land , National-assembly , Transport-committee , Korea-housing , Urban-guarantee ,

Recent housing price fall 'not sharp': land minister

The land minister said the recent downward trajectory of housing prices is “not sharp,” and that the dip of around 6 percent in the first eight months of this year is relatively small compared to the over 50-percent increase in housing prices seen over the past few years. The real estate market slowdown is happening as part of macro-economic and financial conditions, such as interest rate hikes, according to Minister of Land, Infrastructure and Transport Won Hee-ryong.

Seoul , Soult-ukpyolsi , South-korea , Korea , Yoo-gyeong-joon , National-assembly , People-power-party , National-assembly-land , Transport-won-hee-ryong , Transport-won , Transport-committee

Retired KEC officials draw criticism for hefty dividends

Retired officials of Korea Expressway Corp. (KEC) received more than 4.8 billion won ($3.3 million) in dividends from expressway rest stop operators over the past five years, according to a ruling party lawmaker, Sunday, fueling criticism that the land ministry-supervised state-run organization prioritized employees' gains at the expense of taxpayers.

South-korea , Korea , Kim-jin-sook , Yoo-gyeong-joon , Korea-expressway-corp , Democratic-party-of-korea , National-assembly , People-power-party , National-assembly-land , Korea-expressway , Maeng-sung-kyu

Lee denies wrongdoing in omission of key clause from Seongnam development project – The Korea Times

Lee denies wrongdoing in omission of key clause from Seongnam development project – The Korea Times
koreatimesus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimesus.com Daily Mail and Mail on Sunday newspapers.

Seoul , Soult-ukpyolsi , South-korea , Seongnam , Kyonggi-do , Gyeonggi , Suwon , Cheju-do , Hwacheon-daeyu , Lee-jae-myung , Yoo-dong-gyu , People-power-party

Lee apologizes for subordinates' corruption in Seongnam development scandal – The Korea Times

Lee apologizes for subordinates' corruption in Seongnam development scandal – The Korea Times
koreatimesus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimesus.com Daily Mail and Mail on Sunday newspapers.

Seoul , Soult-ukpyolsi , South-korea , Gyeonggi , Kyonggi-do , Suwon , Cheju-do , Hwacheon-daeyu , Kim-yong-pan , Lee-jae-myung , Yoo-dong-gyu , Seongnam-daejang-dong