A couple wearing masks take a ride in Han River Park, in Seoul, South Korea, on April 4. The country emerged as one of the world’s most actively traded commercial property markets last year. Photo: Reuters A couple wearing masks take a ride in Han River Park, in Seoul, South Korea, on April 4. The country emerged as one of the world’s most actively traded commercial property markets last year. Photo: Reuters
A couple wearing masks take a ride in Han River Park, in Seoul, South Korea, on April 4. The country emerged as one of the world’s most actively traded commercial property markets last year. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Coronavirus has darkened the outlook for Asia’s real estate market, but South Korea remains a rare bright spot

  • Unlike markets heavily dependent on cross-border investment, South Korea has a large domestic investor base
  • The country’s property market is also benefiting from its success in containing the spread of Covid-19, with GDP expected to contract significantly less this year than in other major economies

A couple wearing masks take a ride in Han River Park, in Seoul, South Korea, on April 4. The country emerged as one of the world’s most actively traded commercial property markets last year. Photo: Reuters A couple wearing masks take a ride in Han River Park, in Seoul, South Korea, on April 4. The country emerged as one of the world’s most actively traded commercial property markets last year. Photo: Reuters
A couple wearing masks take a ride in Han River Park, in Seoul, South Korea, on April 4. The country emerged as one of the world’s most actively traded commercial property markets last year. Photo: Reuters
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