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Ulsan re-designates Gangdong Tourist Complex as land transaction permit zone to block property speculation
AI 3-line summary
- Ulsan City has re-designated the Gangdong Tourist Complex area as a land transaction permit zone for one year, from January 1, 2026 to December 31.
- The zone covers about 10,000 lots across Sanha-dong, Jeongja-dong and Muryong-dong in Buk-gu, Ulsan, and it passed review by the city planning committee.
- Buyers of land above a set area must obtain permission from the head of Buk-gu, and only those with actual need to use the land may acquire it.
Summary written by AI from the original article · 88 languages
Read the full article (machine translation) → Original article (Korean): 울산 강동관광단지 토지거래허가구역 재지정…부동산 투기 차단
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