Tag Archives: Korea

Top 6 Property Developers in Korea: A Complete Guide

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Do you plan to buy property in Korea?
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Korea doesn’t receive as much attention as other Asian countries when it comes to investing in property. You’ll also find a limited amount of developers who operate in the country, in comparison with Singapore for example.

Still, some individual buyers and corporations want to know more about the biggest developers, when buying off-plan property, for example. There’s a limited amount of information about Korean developers, and you rarely find it summarized. Therefore, I’ve written this article where I list some of the biggest developers in Korea.

Let’s have a look.

Introductory remark

The companies are listed in a random order.

1. Dongbu Corporation

Established in 1969, Dongbu Corporation is one of the oldest and well-recognized property developers in Korea. Dongbu Corporation is part of one of the biggest conglomerates in Korea, the DB Group, also known as Dongbu Group.

It has several subsidiaries working in real estate, manufacturing industry, shipping, insurance, chemical industry, and financial products. Some of its subsidiaries are DB Insurance (Forbes 2000 Company), DB Savings Bank, DB Hitek, and DB Capital.

Dongbu Corporation was founded by Junki Kim as Miryung Engineering & Construction, but later changed name to the Dongbu Corporation in 1989. The head office of Dongbu Corporation is based in Seoul, Korea. Even though they’re based in Korea, but they’ve developed several infrastructure projects in other parts of the world as well.

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Top Real Estate Agencies in Korea: The Ultimate Guide

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Korea is an economic powerhouse in the Asian region and attracts a number of foreigners who are expats, wish to either settle down here or just want to invest in properties. Even in many locals decide to not go through real estate agents when buying property, it’s the only option available for many foreigners.

Most of the international real estate agencies have opened offices in Korea since years back, but you’ll also find local agencies who should be of interest. In this article I will explain about some of the biggest and most reputable agencies in Korea.

Introductory remark

The real estate agencies are listed in a random order.

1. Colliers International Korea

Founded in 1898 in Canada, originally named as Macaulay Nicolls Maitland, the company merged with an Australian property services company, Colliers, in order to expand their operation to a global level. They currently have 396 offices with more than 15,000 employees in 69 countries.

Under the lead of the CEO- John McLernon, Colliers International’s office in Korea is situated in Seoul with roughly 20 employees. The management team consists of a group of Korean nationals. In 2016, they won Best Overall Advisor & Consultant Award in Asia awarded by Euromoney Real estate Awards.

Property types

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Buying a Property in Seoul: The Definitive Guide

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Do you plan to buy property in Korea?
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Seoul is the prime spot for investors in Korea, most people also decide to live here, for studies or work.

I’ve been in Seoul myself and know that it’s a great city, offering all the amenities that many foreigners (and myself) want.

The fact is:

Korea gets increasingly popular and the amount of foreigners grows with a fast pace, especially in Seoul.

Even if property is a bit more expensive, compared to other countries, you can find good deals if you look in the right areas.

In this article I explain how you can buy property in Seoul, the capital of Korea.

Seoul property market

Seoul has long been the preferred option when foreigners buy residential and commercial properties in South Korea.

And it’s not surprising.

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How to Buy Property in Korea: A Complete Guide

Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Korea?
Click here to get in touch with an experienced agent

Foreigners have poured into Korea to buy property the past years.

It’s not strange as it has one of the region’s strongest economies and a proven record of being stable over the long term.

The country is leading when it comes to technology, hosts great universities and I assure that you’ll never get bored there.

In this article I’ll explain the basics you need to know when investing in a property in Korea.

Can foreigners buy property in Korea?

Foreigners generally don’t have any issues to buy a property.

But you need to do your research and follow some regulations, especially if you’re a nonresident. If you’re a nonresident, you’ll be subject to:

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