Farmland Crackdown: South Korea’s government has launched a nationwide, two-year probe into farmland ownership to curb speculation, starting with post-1996 acquisitions and using satellite imagery and AI to flag illegal facilities and foreign/corporate holdings. Local Politics: In South Korea’s June 3 local elections, the ruling party’s lead is narrowing—Seoul is now essentially tied in support for more ruling vs. more opposition wins, with the mayoral race tightening further. Money Laundering via Housing: Bangladesh is considering bringing back a “whitening” mechanism for undisclosed funds, but only for real estate, after earlier backlash led to its removal—while tax breaks are also on the table in the Finance Bill. Luxury Deals: Mumbai’s ultra-luxury market stays hot: Tanya Dubash bought two Worli sea-facing apartments for ₹294 crore, and Alibaug’s second-home registrations rose ~35% over two years. Policy/Compliance: India’s HP RERA defended JDA housing registrations, citing strict adherence to the statutory framework amid controversy. US Budget Fight: A Senate parliamentarian removed security funding that could support Trump’s White House ballroom, putting the project’s financing in jeopardy. Qatar Market Pulse: Qatar reported April real estate activity of QR2.062bn across 516 deals, with Doha leading by value.