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[Monitor] Pricey property

July 28, 2017 - 18:02 By Korea Herald

Land prices nationwide skyrocketed in the first half of this year, pushing the increasing rate of land prices to a nine-year high and the amount of transactions to an 11-year high, data by the Ministry of Land, Infrastructure and Transport showed.

Land price surges were particularly led by Sejong, Busan and Jeju Island, with ample development plans.