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Letters from Family Office
South Korea's Special Act on Urban Renewal: A Game-Changer for the Real Estate Market

South Korea's Special Act on Urban Renewal: A Game-Changer for the Real Estate Market

Impact and implications on the future real estate market

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Jaehong Lim
May 05, 2024
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Letters from Family Office
South Korea's Special Act on Urban Renewal: A Game-Changer for the Real Estate Market
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Today, we delve into an in-depth analysis of the 'Special Act on the Maintenance and Support of Decrepit Planned Cities', which passed the National Assembly plenary session in February 2023 and is set to take effect from April 27, 2024, following the presidential promulgation process.

This legislation holds significance in establishing an institutional f…

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