SEOUL — For many Americans, the apartment where 29-year-old IT specialist Lee Chang-hee lives might be the stuff of nightmares. Located just outside the capital of Seoul, the building isn’t very tall ...

Foreigners who do not intend to live in Korea will now be barred from buying homes in Seoul and parts of Gyeonggi and Incheon. Any purchase will require approval, and buyers must reside in the ...

South Korea has introduced new restrictions on foreign property purchases in the greater Seoul area, its latest effort to curb housing prices. The new measures unveiled by the government on Thursday ...

SEOUL (Reuters) -South Korea tightened mortgage rules for Seoul on Sunday, unveiling plans to tackle a housing shortage in the capital by adding more affordable homes than previously planned as it ...