Correspondent in Asia
Like a concrete fortress overlooking the immense Han River, the Acro River Park is the dream of the Seoulite bourgeoisie, bringing an air of Singapore to the South Korean capital.
This high-end, thirty-story multi-tower complex with bluish reflections is home to the most coveted apartments in Gangnam, the affluent district of the huge metropolis, whose prices are now close to those of the financial hub of South Asia. -East.
The new mayor, Oh Se-hoon, dreams of increasing the number of vertiginous towers of this type to meet the insatiable demand for new apartments from the middle classes of the Land of the Morning Calm, strangled by the spectacular surge in property prices.
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“The market is hot! Real estate will be a major issue in the 2022 presidential election, ”
Judge Song Inho, researcher at the Korea Development Institute (KDI), one of the country's main think tanks.
And a heavy handicap for the Democratic Party of the outgoing president, Moon Jae-in,
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