{"id":160940,"date":"2025-09-14T09:00:18","date_gmt":"2025-09-14T02:00:18","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/south-koreas-ban-on-foreign-homebuyers-to-cool-seoul-prices-chinese-spending\/"},"modified":"2025-09-14T09:01:05","modified_gmt":"2025-09-14T02:01:05","slug":"south-koreas-ban-on-foreign-homebuyers-to-cool-seoul-prices-chinese-spending","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/south-koreas-ban-on-foreign-homebuyers-to-cool-seoul-prices-chinese-spending\/","title":{"rendered":"South Korea\u2019s ban on foreign homebuyers to cool Seoul prices, Chinese spending"},"content":{"rendered":"<p>&#013;<br \/>\nSouth Korea\u2019s 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.<br \/>\nHongkongers 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&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3325389\/south-koreas-ban-foreign-homebuyers-cool-seoul-prices-chinese-investments?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">South Korea\u2019s ban on foreign homebuyers to cool Seoul prices, Chinese spending<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; South Korea\u2019s new restrictions on foreign homebuyers are likely to cool housing prices in Seoul&#46;&#46;&#46;<\/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-160940","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-FRO","jetpack-related-posts":[{"id":172218,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tourism-appeal-adds-to-australias-edge-in-drawing-mainland-chinese-hong-kong-homebuyers\/","url_meta":{"origin":160940,"position":0},"title":"Tourism appeal adds to Australia\u2019s edge in drawing mainland Chinese, Hong Kong homebuyers","date":"July 19, 2026","format":false,"excerpt":"\r Australia\u2019s tourism appeal and property price correction are reinforcing the case for mainland Chinese and Hong Kong investors to buy homes down under, according to agents. Education had long been a major draw for many mainland and Hong Kong buyers, but the country\u2019s tourist attractions, relaxed lifestyle and moderating\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115914,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-homebuyers-go-on-revenge-spending-binge-as-cities-emerge-from-coronavirus-lockdowns\/","url_meta":{"origin":160940,"position":1},"title":"Chinese homebuyers go on \u2018revenge spending\u2019 binge as cities emerge from coronavirus lockdowns","date":"April 28, 2020","format":false,"excerpt":"\r A property buying fever has gripped mainland Chinese homebuyers, who are indulging in some \u201crevenge spending\u201d on property as coronavirus lockdowns are lifted in major cities across the country.All 160 units at a newly launched luxury project in Shanghai, selling for 17 million yuan (US$2.4 million) to 78 million\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118865,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-homebuyers-shun-australian-market-as-coronavirus-political-tensions-take-toll\/","url_meta":{"origin":160940,"position":2},"title":"Chinese homebuyers shun Australian market as coronavirus, political tensions take toll","date":"October 8, 2020","format":false,"excerpt":"\r When mainland Chinese resident Susan bought an off-plan flat in Melbourne\u2019s new high-end West Side Place development in 2017, the Nanjing-based property investor\u2019s plan was to rent it out upon its completion next year.She shared the strong Chinese appetite for property \u2013 particularly flats in Australia \u2013 that sent\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thanks-but-south-korea-only-wants-real-home-buyers\/","url_meta":{"origin":160940,"position":3},"title":"Thanks, but South Korea only wants \u2018real\u2019 home buyers","date":"November 8, 2016","format":false,"excerpt":"\r New property curbs unleashed in Seoul and other cities Pedestrians crossing the street near Gangnam Station in Seoul. Vincent St. Thomas\/Shutterstock Taking its cue from neighbouring China, the South Korean government launched last week a set of property curbs to calm down frothy home prices in its largest cities.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117904,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tighter-rules-sky-high-prices-in-shenzhen-will-send-homebuyers-flocking-to-investor-paradise-huizhou-say-analysts\/","url_meta":{"origin":160940,"position":4},"title":"Tighter rules, sky-high prices in Shenzhen will send homebuyers flocking to \u2018investor paradise\u2019 Huizhou, say analysts","date":"July 22, 2020","format":false,"excerpt":"\r The southern Chinese city of Huizhou could become a \u201cparadise\u201d for investors from nearby Shenzhen after the latter tightened its rules for home purchases last week, and with the travelling time between the two cities set to be cut by half next year.Home prices in Huizhou saw the second-biggest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172230,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-immigrants-emerge-as-pivotal-players-in-canadas-property-market-amid-foreign-ban\/","url_meta":{"origin":160940,"position":5},"title":"Chinese immigrants emerge as pivotal players in Canada\u2019s property market amid foreign ban","date":"July 20, 2026","format":false,"excerpt":"\r Mainland Chinese immigrants were estimated to have bought as much as C$5.7 billion (US$4 billion) worth of homes in Canada last year, making them a key group of non-local investors propping up the residential property market, according to one estimate. Ottawa barred most foreigners from purchasing homes in 2023\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160940"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=160940"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160940\/revisions"}],"predecessor-version":[{"id":160941,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160940\/revisions\/160941"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=160940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=160940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=160940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}