Foreign Investment Dilemma: Real Estate on Jeju Island, Korea

Chinese citizens have always been wary of the status of property ownership rights at home. [...]many Chinese would consider owning a second home here. The entire private town includes several rows ofi seven-story condominiums, a private hospital (called a hospital but more like a clinic and wellness...

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Published in:The American Geographical Society's focus on geography 2019-01, Vol.62, p.1-1
Main Author: Chu, Gregory H
Format: Article
Language:English
Subjects:
Coffee
Condominiums
Cosmetics
Developers
Employees
Foreign investment
Hospitals
Immigration
International financing
Land area
Medical tourism
Plastic surgery
Real estate
Resorts & spas
Shopping malls
Vacations
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description Chinese citizens have always been wary of the status of property ownership rights at home. [...]many Chinese would consider owning a second home here. The entire private town includes several rows ofi seven-story condominiums, a private hospital (called a hospital but more like a clinic and wellness center), a nine-hole golfi course, a high-end shopping mall with famous designer name brand products, a coffee shop with bakery, an exquisite Chinese restaurant, a separate building for the Raon Hotel and Resort, a bar and grill, a convenience store, a real estate office, and a visa service office. In addition to condominium units, the campus includes a hospital which specializes in wellness, relaxation, cosmetics, skin care, and plastic surgery. The land area occupied by this ongoing project totals 380 acres. [...]far, there are 400 condominium units, almost entirely sold.
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identifier ISSN: 1549-4934
ispartof The American Geographical Society's focus on geography, 2019-01, Vol.62, p.1-1
issn 1549-4934
1949-8535
language eng
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source ABI/INFORM Global
subjects Coffee
Condominiums
Cosmetics
Developers
Employees
Foreign investment
Hospitals
Immigration
International financing
Land area
Medical tourism
Plastic surgery
Real estate
Resorts & spas
Shopping malls
Vacations
title Foreign Investment Dilemma: Real Estate on Jeju Island, Korea
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