The combined sales of luxury houses Hermes, Louis Vuitton and Chanel in South Korea marked a record high of 3 trillion won ($2.4 billion) last year, amid the frenzy over high-end goods sparked by ...

South Korea’s luxury housing market continues to pop.

The National Tax Service will expand the appraisal targets for luxury real estate with significant discrepancies between the reported value and the market value, a program that began last year. It ...