Samsung to Limit Size of Homes Eligible for Employee Loan Program: Sources
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3 Articles
Samsung to limit size of homes eligible for employee loan program: sources
Samsung Electronics plans to tighten requirements for its employee housing loan program for workers without homes by restricting support to smaller residences, industry sources said Sunday, amid criticism such benefits could fuel property price hikes. According to the sources, the Korean tech giant decided to limit eligible homes to those measuring 85 square meters or smaller, a widely preferred apartment size, in the greater Seoul area and six …
Samsung Electronics Restricts In-House Housing Loans to Units Below Standard "National Pyeong" Size; Support Limited to Up to 85㎡ in the Seoul Metropolitan Area and Major Cities. Samsung Electronics has decided to limit the housing eligible for in-house housing loans provided to non-homeowning employees to units with an exclusive area of 85㎡ (standard "National Pyeong") or less, based on the Seoul Metropolitan Area and six major cities. Low-inte…
(Seoul = Yonhap News) Reporter Im Seong-ho = Samsung Electronics is designating housing eligible for in-house loans for non-homeowning employees as 'National Standard Size' (exclusive area of 85㎡... based on the Seoul metropolitan area and major cities)
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