{"id":107321,"date":"2019-05-21T12:00:14","date_gmt":"2019-05-21T05:00:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/south-korean-property-boom-fizzles-out-as-investors-balk-at-plan-to-remove-tax-incentives\/"},"modified":"2019-05-21T13:03:23","modified_gmt":"2019-05-21T06:03:23","slug":"south-korean-property-boom-fizzles-out-as-investors-balk-at-plan-to-remove-tax-incentives","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/south-korean-property-boom-fizzles-out-as-investors-balk-at-plan-to-remove-tax-incentives\/","title":{"rendered":"South Korean property boom fizzles out as investors balk at plan to remove tax incentives"},"content":{"rendered":"


\nLocal and foreign investment in South Korean real estate dropped by nearly a third in the first three months of the year as Seoul announced plans to remove tax perks granted to the most common \u00adinvestment vehicles used by institutional investors.In the first quarter of the year, total foreign and local investment declined 31 per cent to US$4.44 billion from US$6.47 billion in the same period last year, data from Real Capital Analytics showed.Under the country\u2019s current tax regime, real estate\u2026
\n
\nSource : South China Morning Post
\nRead more…South Korean property boom fizzles out as investors balk at plan to remove tax incentives<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Local and foreign investment in South Korean real estate dropped by nearly a third in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-107321","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rUZ","jetpack-related-posts":[{"id":24274,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indonesia-to-develop-10-bali-like-destinations-to-attract-chinese-investors\/","url_meta":{"origin":107321,"position":0},"title":"Indonesia to develop 10 \u201cBali-like destinations\u201d to attract Chinese investors","date":"August 29, 2016","format":false,"excerpt":"\r Indonesia sets out to lure Chinese investors with new resorts and relaxed restrictions Bali is Indonesia\u2019s No. 1 tourism destination. Khoroshunova Olga\/Shutterstock Plans have been unveiled in Indonesia to create 10 new major tourist destinations, with the hope of attracting increased tourism and investment from China, reports the Global\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21096,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-south-korean-city-is-seeing-an-influx-of-chinese-investments\/","url_meta":{"origin":107321,"position":1},"title":"This South Korean city is seeing an influx of Chinese investments","date":"July 27, 2016","format":false,"excerpt":"\r Where Chinese tourists go, Chinese investors follow Night time in Seoul. Image credit: jareed (Flickr) First, it was Jeju Island, now Chinese investors are\u00a0zoning\u00a0in on Seoul. Investors from China\u00a0scooped up 3,516 plots of land in the South Korean capital in the first quarter of 2016, a two-fold increase from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102114,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-building-boom-in-tiny-flats-fizzles-out-as-t-plus-in-tuen-mun-gets-the-cold-shoulder\/","url_meta":{"origin":107321,"position":2},"title":"Hong Kong\u2019s building boom in tiny flats fizzles out as T-Plus in Tuen Mun gets the cold shoulder","date":"December 8, 2018","format":false,"excerpt":"\r Speculative demand over Hong Kong\u2019s shoebox flats \u2013 each smaller than the size of a standard car parking space \u2013 appears to be over as quickly as it sprouted, following the decline in the city\u2019s median home price. Two potential buyers showed up as at 11am at the sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/inside-malaysias-efforts-to-weather-a-lethargic-property-market\/","url_meta":{"origin":107321,"position":3},"title":"Inside Malaysia\u2019s efforts to weather a lethargic property market","date":"June 22, 2016","format":false,"excerpt":"\r Malaysian and Chinese governments team up for real estate developments Image credit: FreeMalaysiaToday.com Grappling with a comparatively listless property sector, Malaysia is counting on one trick up its sleeve: a continuous outpouring of foreign direct investment (FDI). 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