Overview
- Cheong Wa Dae said Friday that Lee and the first lady listed their 164-square-meter apartment in Bundang, Seongnam, for about 2.9 billion won, below recent transactions of 3.1–3.2 billion won.
- Presidential aides framed the sale as a public demonstration of Lee’s resolve to normalize the real estate market despite his status as a single-homeowner.
- Lee has urged multiple-homeowners to sell before the government reinstates heavier capital gains taxes in May after a multi-year suspension.
- He outlined plans for customized rules by owner-occupancy, number of homes, and price tier, adding that super luxury homes will face burdens comparable to advanced capitals.
- The unit, purchased in 1998, is currently leased to a tenant; a senior official said Lee judged selling now and investing the proceeds in financial assets would be more advantageous.