Korea's temporary two-home capital gains exemption turns on three numbers: one year before buying the new home, two years of holding, and three years to sell the old one. Here are the deadlines worked out by date.
Acquisition tax on a home runs 1% up to 600 million won and 3% above 900 million. In between it is a straight line, not a step — 1.67% at 700 million, before local education tax and the first-home deduction.
Korea's acquisition tax (chwideukse) hinges first on how many homes your household will own after the purchase, not how many you own now. One home: 1–3%; a second in a regulated zone or a third elsewhere: 8%; above that: 12%.
Residential property tax is assessed in full against the June 1 owner. One day shifts who pays for a full year. From assessed value through the fair market ratio and progressive rates to the bill, plus the July/September split structure — with this year's Seoul levy data (residential +15%).
After the capital gains tax surcharge took effect in May, Seoul apartment transactions in June dropped sharply. With tax reform and a crackdown on speculation converging, end-users need to rebuild their framework for evaluating taxes — in the right order.