Trend Pulse

Expanding the land transaction license system is the centerpiece of the 10-15 plan. Transactions have plummeted in Seoul and 12 Gyeonggi provinces due to the tightening of regulations, and there is a simultaneous ballooning effect of the declared price of popular complexes and unregulated areas. In 2025, the burden of holding tax may increase due to the change in the ratio of declared price to fair market value. Live-in residents are cautious, investment is rewarding. #real estate #land transaction license system #regulated areas #balloon effect #holding tax #listed price #stamp duty #real estate strategy