{"id":16832,"date":"2016-06-17T10:21:03","date_gmt":"2016-06-17T03:21:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/neo-seoul-the-worlds-new-global-city\/"},"modified":"2016-06-17T10:30:46","modified_gmt":"2016-06-17T03:30:46","slug":"neo-seoul-the-worlds-new-global-city","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/neo-seoul-the-worlds-new-global-city\/","title":{"rendered":"Neo Seoul: the world\u2019s new global city"},"content":{"rendered":"


\nSouth Korea\u2019s capital is gearing up to become the next New York or London
\nImage credit: Linuxfoundation.org
\nDespite being the home of tech titans Samsung and LG, Seoul is still considered out of the league of such Asian cities such as Hong Kong, Singapore and Tokyo. That may soon change.
\nIn a joint study, The Business of Cities Group and property consultancy Jones Lang LaSalle (JLL) extolled Seoul as a \u201cstandout city\u201d with enough strengths to join the \u2018Big Six\u2019 global cities of Hong Kong, London, New York, Paris, Singapore and Tokyo.
\nJLL based its findings on the South Korean capital\u2019s stellar performance across the latest city indices for business and investment activity. Seoul recently placed eighth on the Mori Global Power City Index and ninth on the AT Kearney Global Cities Index.
\nAccording to JLL, Seoul is catching up rapidly with Tokyo as East Asia\u2019s most advanced economy, thanks to several \u201cbusiness and talent ingredients\u201d such as successful domestic firms and strong human capital.
\nMore: Is Seoul making its way on to investors\u2019 radar?
\nSeoul is especially notable for accumulating greater knowledge assets. A proactive education policy has included it in the study\u2019s top 10 cities for university quality and reach.
\nOne of the 15 most visited cities in the world, Seoul is also in the top 10 for culture, lifestyle and openness. In addition, the city powered to number 7 on the 15 top cities for internal transportation.
\nAs noted by The Business of Cities, Seoul has appeared in 62 of the 100 main global city indices.
\nLast year, Seoul ranked number 7 and beat all other Asian cities on the Arcadis Sustainable Cities Index. The city placed second overall on its People subindex, which measures social performance or the interaction between a city and its community.
\nRead next: How Seoul beat Hong Kong in the latest sustainability index
\n
\nSource : property-report.com
\nRead more…Neo Seoul: the world\u2019s new global city<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

South Korea\u2019s capital is gearing up to become the next New York or London Image...<\/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-16832","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\/p75ss1-4nu","jetpack-related-posts":[{"id":26035,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-official-singapore-seoul-ranked-asias-most-sustainable-cities\/","url_meta":{"origin":16832,"position":0},"title":"It\u2019s official: Singapore, Seoul ranked Asia\u2019s most sustainable cities","date":"September 14, 2016","format":false,"excerpt":"\r Which other Asian cities made the top 20? Singapore\u2019s Gardens by the Bay. Filipe Frazao \/ Shutterstock Asia was well-represented in the 2016 edition of Arcadis\u2019 Sustainable Cities Index, with Singapore and Seoul vaulting to the top 10. With only Zurich in the way, Singapore stands as the world\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107319,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-is-the-worlds-3rd-most-innovative-city\/","url_meta":{"origin":16832,"position":1},"title":"Singapore is the world's 3rd most innovative city","date":"May 21, 2019","format":false,"excerpt":"\r Singapore property investment and office market will remain vibrant in the short- to medium-term, barring external shocks. With innovation now playing a major role in real estate investment strategies, Singapore has emerged as the world\u2019s third most innovative city \u2013 behind San Francisco and Tokyo, reported The Business Times\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/4-of-the-worlds-fastest-changing-cities-are-in-asia\/","url_meta":{"origin":16832,"position":2},"title":"4 of the world\u2019s fastest-changing cities are in Asia","date":"January 18, 2017","format":false,"excerpt":"\r Dynamic all the way A digital painting of Chinatown in Thailand. nasidastudio\/Shutterstock The dynamism of Asia, or its urban cities, is once again out in the open with Jones Lang LaSalle\u2019s newest annual City Momentum Index (CMI) report, out in February. The report\u2019s latest list of the World\u2019s Most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-properties-now-more-affordable-jll\/","url_meta":{"origin":16832,"position":3},"title":"Prime properties now more affordable: JLL","date":"March 9, 2016","format":false,"excerpt":"\r Singapore\u2019s prime residential property is now more affordable than in other top global cities. (Photo: Erwin Soo, Wikimedia Commons) Prime residential property in Singapore is significantly more affordable now than in the rest of the world\u2019s best cities, according to the latest JLL report. \u201cSingapore ranks amongst the top\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30443,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japan-leads-asia-in-environmental-sustainability-transparency\/","url_meta":{"origin":16832,"position":4},"title":"Japan leads Asia in environmental sustainability transparency","date":"October 18, 2016","format":false,"excerpt":"\r Japanese green initiatives\u00a0top the region Cherry-blossom (Sakura) trees along the bank of Funakawa river in Asahi, Japan. Piti Sirisriro \/ Shutterstock.com The real estate world has not only been a more transparent place since the last time Jones Lang LaSalle conducted its Global Real Estate Index survey. 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