Dongtan, Yongin housing markets draw 7.7 trillion won this year on semiconductor bet

The Democratic Party of Korea said Tuesday it would move ahead with processing 11 standing committees, including the Legislation and Judiciary Committee.

A combined 7.7 trillion won ($5.6 billion) has flowed into the housing markets of Dongtan and the Yongin Suji and Giheung areas so far this year, as buyers bet heavily on the semiconductor belt. The government has designated Dongtan, Yongin Giheung and Guri among areas newly subject to regulatory zones and land transaction permit requirements.