Chinese housing prices Jeju Seoul ordered a halt to the project was a good show of emergency

Jeju Island in South Korea due to build landmark "Dream Tower" after being on stage the new governor of Jeju "Urgent ordered a halt," the Chinese real estate enterprises are turning to green groups in Seoul, plans to invest 20 billion yuan (6.1966, -0.0187, -0.30 %) to build 100 high-rise buildings layer. Jeju and irresponsible remarks on China's investment is different from Seoul Mayor Park Won-soon to personally promote development projects, and hope that more Chinese enterprises to large settled in Seoul.

According to "The Korean economy," 23 reported that Chinese real estate development giant green group on the 22nd and Seoul City signed on Rock Digital Media City Landmark Investment project letter of intent. The project covers an area of 37,300 square meters, investment of about 3 trillion won.

According to the "Global Times" reporter, the first to enter the Green Group is located at Jeju in South Korea, and plans to develop cooperation with Lotte Jeju tourism landmark "Dream Tower." As of June this year, Jeju Governor Yuan Hei Long came to power, "Dream Tower" project was the emergency brakes, so far failed to resume normal operation. December 19, South Korea, "Central Daily" published on Cheju governor yuan Hei Long interview, Yuan Xi-Long said that the future will not allow Chinese investors to develop Halla mountain, and prepare a substantial increase in the threshold of the Chinese investment immigration. "Global Times" reporter 23 green groups on the matter to verify that the company did not respond to the matter.

According to the "Central Daily" 22 reported that the survey shows that Chinese people have a land area of Jeju Island, Korea in a lapse of four years after the sharp increase of 60 times. As of the end of June this year, Jeju people inside China have amounted to 5.922 million square meters of land. Jeju foreigners to own land within the area of the rankings, the Chinese people more than the Americans and the Japanese, up to the first one. The reason Chinese people to buy land in Jeju, mostly in order to obtain permanent residency. In November, parliament Jeju Jeju had 1000 residents survey, the results showed that 57.9% of people want the end of 2018, investment for the Chinese people's immigration system.

Seoul City Publicity Bureau Miss Han Lina 23, "Global Times" reporter, said the city of Seoul attaches great importance to the introduction of China's capital, Mayor Park Won-soon also specifically visited Greenland Group headquarters, hoping to actively consider the Green Group stationed in Seoul. For "on why Jeju aspects of Chinese capital has a lot of negative reaction," the question, HAN Li-na said, the situation is less clear in Jeju, Seoul City is very welcome but similar large projects such as green, large companies settled.