The Korean apartment sector has seen a flurry of activity ranging from safety tragedies to policy overhauls and market fluctuations. In Boryeong, a tragic accident occurred where a 7-year-old girl was struck and killed by an SUV within an apartment complex. In response to recent long-term power outages in Sejong, the government and KEPCO have introduced a new mandate to restore power in apartment complexes within 24 hours. Meanwhile, real estate news highlights that the Seoul average private apartment sales price is nearing 60 million KRW per 3.3㎡, and Yeouido’s Daekyo Apartment has moved closer to reconstruction with the approval of its management disposal plan. Additionally, tax authorities have launched investigations into 127 individuals suspected of using illegal 'parental assistance' to purchase high-priced apartments, while high-profile figures like Shin Hyun-song continue to face scrutiny over their real estate holdings. - A 7-year-old girl died following a fatal traffic accident in a Boryeong apartment complex, prompting police investigation. - The government now mandates that KEPCO provide support to restore electricity in apartment complexes within 24 hours during outages. - Seoul apartment sales prices continue to reach record highs, nearing 60 million KRW per 3.3㎡, while tax authorities investigate 127 cases of illicit property acquisition. | The Korean apartment sector has seen a flurry of activity ranging from safety tragedies to policy overhauls and market fluctuations. In Boryeong, a tragic accident occurred where a 7-year-old girl was struck and killed by an SUV within an apartment complex. In response to recent long-term power outages in Sejong, the government and KEPCO have introduced a new mandate to restore power in apartment complexes within 24 hours. Meanwhile, real estate news highlights that the Seoul average private apartment sales price is nearing 60 million KRW per 3.3㎡, and Yeouido’s Daekyo Apartment has moved closer to reconstruction with the approval of its management disposal plan. Additionally, tax authorities have launched investigations into 127 individuals suspected of using illegal 'parental assistance' to purchase high-priced apartments, while high-profile figures like Shin Hyun-song continue to face scrutiny over their real estate holdings. - A 7-year-old girl died following a fatal traffic accident in a Boryeong apartment complex, prompting police investigation. - The government now mandates that KEPCO provide support to restore electricity in apartment complexes within 24 hours during outages. - Seoul apartment sales prices continue to reach record highs, nearing 60 million KRW per 3.3㎡, while tax authorities investigate 127 cases of illicit property acquisition.