Real estate tax on the rise

Residential comprehensive holding tax rose for a second straight year last year, according to the National Tax Service.

Published June 30, 2026 - 7:19 p.m. Modified June 30, 2026 - 7:22 p.m.

Real estate sales are posted at an agency in Songpa District, southern Seoul, on June 30. Korea's comprehensive real estate holding tax on residential properties surpassed 1.3 trillion won ($840 million) last year, rising for a second consecutive year, according to the National Tax Service.

YONHAP

Real estate sales are posted at an agency in Songpa District, southern Seoul, on June 30. Korea's comprehensive real estate holding tax on residential properties surpassed 1.3 trillion won ($840 million) last year, rising for a second consecutive year, according to the National Tax Service.