Overview

• Authorities target construction starts on 270,000 homes annually from 2026 to 2030, emphasizing starts over permits to ensure delivery.
• From Monday, LTV for non-homeowners buying in Gangnam, Seocho, Songpa and Yongsan falls to 40%, rental operators face a 0% LTV, and jeonse loans to single-home owners are capped at 200 million won.
• Korea Land & Housing Corp. will stop selling public sites to private builders and will directly develop them to speed projects and cut typical timelines by more than two years.
• Public supply expands with 60,000 units over five years plus 15,000 homes from office conversions, alongside accelerated redevelopment targeting starts on 234,000 homes and eased rules enabling 50,000 more.
• A new cross-agency enforcement unit will intensify probes into suspicious deals and tax evasion, as Seoul apartment prices extend a 31-week climb despite June credit curbs.