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U.S. buyer nabs $7.5 million Gangnam apartment just before Seoul restricts foreign homeownership
A U.S. national purchased a large apartment in Apgujeong-dong, Gangnam District, southern Seoul, for 10.5 billion won ($7.5 million) just before the government tightened restrictions on foreign ...
On my twenty-plus trips to Seoul, I generally steered clear of Gangnam, the district south of the Han River immortalized by the South Korean rapper PSY’s 2012 smash hit “Gangnam Style.” Something, ...
Amid the 10·15 real estate measures blocking gap investments (jeonse-backed transactions) across Seoul, a stark polarization in transactions between the Gangnam and non-Gangnam areas has emerged.
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