Gangnam Prices Cool, but Seoul’s Midpriced Apartments Keep Rising The recent cooling in apartment prices in Seoul’s most expensive districts is being cited by some as a sign the housing market is stabilizing. The data show weakness in high-end areas, but prices and rents in neighborhoods where most buyers can realistically compete are still rising. According to weekly figures from the Korea Real Estate Board, Seoul apartment prices rose 0.10% in the second week of April, while the so-called Gangnam three districts extended their downt April 23, 2026

South Korea Consumer Sentiment Falls Below 100 as Mideast War, Inflation Fears Grow Rising geopolitical risk tied to the war in the Middle East, along with inflation worries, pushed consumer sentiment below its long-term average for the first time in a year. According to the Bank of Korea’s consumer survey released on the 23rd, the April Consumer Composite Sentiment Index, or CCSI, fell 7.8 points from the previous month to 99.2. It was the first reading below the benchmark 100 since April last year. The CCSI is calculated from six components: current living standard April 23, 2026

Kumho E&C to Sell Price-Capped ‘Wangsuk Atera’ Apartments in Namyangju in May Kumho E&C said it will begin selling “Wangsuk Atera,” a privately participated public-sale apartment complex, in May in Wangsuk District 2 in Namyangju, Gyeonggi Province. The project will be the first complex in the third-phase new town Wangsuk District 2 to move to the main subscription stage, and it will be subject to South Korea’s price cap on new apartment sales. The company said the cap is drawing attention from buyers seeking more affordable prices amid rising presale costs. Wan April 23, 2026

Taeyoung Engineering to Launch 1,250-Unit Metrocity Jasan Desian Complex in Masan in May Taeyoung Engineering & Construction said it will introduce a large-scale branded apartment complex, Metrocity Jasan Desian, in May in Masan Happo-gu, Changwon, South Gyeongsang Province. The project, supplied through the Jasan district redevelopment, is linked to the city’s landmark Metrocity brand and marks the first major new supply in Masan Happo-gu in five years. The complex will span 12 buildings from two basement levels to 33 stories above ground, with 1,250 households. Of th April 23, 2026

DL E&C to Launch Acro River Sky Apartments in Seoul’s Noryangjin New Town in May DL E&C will introduce its high-end apartment brand in Seoul’s Dongjak district with Acro River Sky in Noryangjin New Town, citing transit access and established education and daily-life infrastructure. The company said on the 14th it plans to begin sales in May for the Noryangjin 8 redevelopment promotion zone housing reconstruction project, located around 23-61, Daebang-dong, Dongjak-gu, Seoul. The complex will have 10 buildings ranging from four basement levels to 29 stories above grou April 23, 2026

Price Caps Fuel Seoul Subscription Frenzy as Buyers Chase Big Gains Seoul apartment complexes subject to South Korea’s pre-sale price cap are setting new subscription records, as buyers rush to projects seen as offering large gains over market prices. Demand has surged not only in Gangnam but also in Ichon-dong, a long-established upscale neighborhood north of the Han River, reinforcing Seoul’s dominance in the national pre-sale market. According to the Korea Real Estate Board’s Cheongyak Home platform, the first-round subscription for “Ichon Le El” in April 23, 2026

POSCO E&C to Sell 2,857-Unit The Sharp Geomdan Lake Park in Incheon in May POSCO E&C said it will begin sales in May for “The Sharp Geomdan Lake Park,” a large apartment complex in Blocks 22 and 23 of Geomdan New Town in Incheon. It will be the first “The Sharp” branded apartments supplied in Geomdan New Town, with 1,454 units in Block 22 and 1,403 in Block 23, for a total of 2,857 households. Units will be offered in 59 square meters and 84 square meters of exclusive area, sizes popular with buyers. The project will be supplied as private sales on public land, April 23, 2026

Hyundai Engineering to Sell Hillstate Guwol Art Park Apartments in Incheon in April Hyundai Engineering said it plans to begin sales this month for Hillstate Guwol Art Park, a new apartment complex in Incheon. The project will include four towers ranging from six basement levels to as high as 39 stories, with 496 units in 84 and 101 square meters (exclusive-use area). The complex will be directly connected to Arts Center Station on Incheon Subway Line 1. Incheon City Hall Station, one stop away and a transfer point for Lines 1 and 2, is slated to have a stop on the GTX April 23, 2026

SKC, Hanwha Solutions Face Diverging Risks in Major Stock Offerings SKC and Hanwha Solutions have launched large rights offerings to fund future growth, but uncertainty is rising over whether the deals will succeed as SKC faces a share-price slide and Hanwha Solutions awaits a financial regulator’s review. Industry officials said Tuesday that SKC is pursuing a 1 trillion won offering, but recent volatility has raised concerns that the final offering price could come in lower than expected, reducing proceeds. SKC plans to invest 590 billion won of the fund April 23, 2026

Daewoo E&C to Launch 'Summit The Hill' Redevelopment Complex in Seoul’s Heukseok New Town Daewoo Engineering & Construction said it will supply a large-scale apartment complex, Summit The Hill, in May in a key section of Seoul’s Heukseok New Town redevelopment area, using its high-end SUMMIT brand. The company said on the 13th it plans to offer the project through the Heukseok 11 housing redevelopment in the area around 304 Heukseok-dong, Dongjak-gu, Seoul. The complex will consist of 30 buildings ranging from six basement levels to 16 stories above ground, totaling 1,5 April 23, 2026