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Weekly Korean Market Update (4/3~4/9)

2023. 04. 10 · SPI
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

Seoul Station Development Master Plan Revealed The Seoul Metropolitan Government has begun planning for development in and around the Seoul Station area. This plan will set the tone for its transformation, which includes the underground areas, development north and west of the station, and Namdaemun. The public sector will present detailed development plans and the private sector will be given guidelines for floor area ratio benefits and the like. A city official has said that the project includes “Seoul Station Plaza, the bus transfer center, the western side of the station, Seoul Square, and nearby areas like Namsan and Namdaemun.” Seoul Station is considered the face of Seoul as it […]

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