Hotel Boom in South Korea Sparks Concern

SEOUL—A record number of foreign tourists visiting South Korea in recent years has fueled in Seoul what property developers are calling the biggest hotel boom in the country’s history. But some industry participants say an overreliance on visitors from China and Japan leaves South Korea vulnerable to future overcapacity. South Korea has seen its international […]

This Futuristic Korean Real Estate Project Is On The Verge Of Collapse

The “Dream Hub” in Seoul was supposed to be a “city within a city” — home to a dozen skyscrapers, waterfront parks, and business and residential facilities. But the $28 billion project, officially called the Yongsan International Business District, is on the line after developers defaulted on a major loan repayment amid a real estate slump, AFP reports. We […]

Herma Parking Building in Seoul, Korea

Project: Herma Parking Building Architecture: JOHO Architecture Location: Seoul, Korea Photography: Jeong-Hoon Lee and Sun Namgoong In Seoul, JOHO Architecture has reinvigorated the car park typology, using polycarbonate panels to reflect the speed and movement of the city. Welcome to the Herma Parking Building, a project that enables once-drab infrastructure to harmonise with its immediate […]