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President Lee Defers Final Payment for Bundang Apartment… Blue House Says "No Interest Charged"

Summary by Naver
The Blue House announced on the 22nd that President Lee Jae-myung has decided not to collect interest from the buyer regarding the mortgage of approximately 1.77 billion won established during the process of selling his apartment in Bundang-gu, Seongnam-si, Gyeonggi-do. Blue House Deputy Spokesperson Ahn Gwi-ryeong stated this morning at the Blue House

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(Seoul = Yonhap News) Reporters Kim Yeon-jeong and Lee Yul-lip = On the 23rd, People Power Party Chairman Jang Dong-hyuk, regarding President Lee Jae-myung's sale of his apartment in Bundang, said, "President Lee's 'Democratic Mortgage'...

·Seoul, Korea (the Republic of)
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The Blue House announced on the 22nd that President Lee Jae-myung has decided not to collect interest from the buyer regarding the mortgage of approximately 1.77 billion won established during the process of selling his apartment in Bundang-gu, Seongnam-si, Gyeonggi-do. Blue House Deputy Spokesperson Ahn Gwi-ryeong stated this morning at the Blue House

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Lee Decides Not to Collect Interest on Mortgage; Blue House to Handle Gift Tax According to Regulations; Expected to Settle Gift Tax Arising from Interest-Free Transaction with Buyer Payment. Regarding the mortgage of approximately 1.77 billion won established during the sale of an apartment owned by President Lee Jae-myung in Bundang, Gyeonggi Province, the Blue House announced that President Lee has decided not to collect interest from the buy…

Controversy over Bundang apartment sale quelled... "A standard transaction considering the buyer"

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조선일보 broke the news on Wednesday, July 22, 2026.
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