2.10 SOUTH KOREA

In the first quarter of 2019, South Korea’s GDP showed negative growth, then rebounded slightly in the second quarter, increased by 0.4% in the third quarter and 1.2% in the fourth quarter. Real estate is still likely to be the most attractive investment asset in South Korea. The government has introduced a series of strict regulations to curb soaring house prices. Investment in equipment was at a low level.