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Geoyeo New Town Under Control of Anti-Speculation Team

Posted September. 05, 2005 07:06,   


The National Tax Service formed a task force to begin control of real estate speculation from September 4, 2005 after signs of overheating speculation were seen in Geoyeo-dong, Songpa-gu, Seoul, a new town site that was announced as a comprehensive real estate measure on August 31, and the surrounding area. The task force team will monitor the areas on speculation until the end of this year.

Byoung-Ki Kang arche@donga.com