Property News · September 14, 2025

South Korea’s ban on foreign homebuyers to cool Seoul prices, Chinese spending


South Korea’s new restrictions on foreign homebuyers are likely to cool housing prices in Seoul and neighbouring cities, according to property agents, following a surge in the number of buyers from mainland China and Hong Kong who bought homes in the middle and high-end segments of the market.
Hongkongers and mainland Chinese had acquired 96,955 properties in South Korea as of May, a 78.5 per cent increase from the 54,320 real estate assets that they owned in 2020, according to a report by The…

Source : South China Morning Post
Read more…South Korea’s ban on foreign homebuyers to cool Seoul prices, Chinese spending

You may also like...