SEOUL, May 31 (Xinhua) -- Foreign home ownerships in South Korea grew in the second half of last year, government data showed Friday.
The number of homes, owned by foreign nationals, stood at 91,453 at the end of December in 2023, up 4.8 percent from six months earlier, according to the Ministry of Land, Infrastructure and Transport.
It accounted for 0.48 percent of all houses in the country.
Of the foreigner-possessed homes, 73.0 percent were located in the capital Seoul and its surrounding metropolitan area, while 27.0 percent were in other areas.
Of the total foreign homeowners, 93.4 percent possessed a single house, while 5.2 percent owned two homes.
The domestic land possessed by foreigners came to 264,601,000 square meters at the end of December last year, up 0.2 percent from a year earlier. It took up 0.26 percent of the country's total land.
U.S. nationals accounted for the largest share of the total foreign land ownerships, at 53.3 percent, followed by Chinese with 7.9 percent, Europeans with 7.1 percent and Japanese with 6.2 percent. ■