bids

May 4 (Asia Today) — Seoul accounted for more than 80% of first-priority apartment subscription applications in South Korea in March, according to an analysis by real estate platform Zigbang.

Zigbang said Monday that 109,928 first-priority applications were filed nationwide for apartment complexes announced for sale in March. Of those, 90,322, or 82%, were submitted for apartments in Seoul.

The figures were calculated based on the month of the sales announcement. Zigbang said applications were counted according to the date of the initial resident recruitment notice, even when the actual application period extended into the following month.

The increase was sharp compared with earlier months. Complexes announced in January received 10,549 applications and those in February drew 27,313. The number surged past 100,000 in March.

The number of apartment complexes offered also rose from eight in January and 11 in February to 27 in March. The average competition rate climbed from 4.2-to-1 in January to 7.1-to-1 in February and 12.9-to-1 in March.

Analysts said pent-up demand concentrated in March as major Seoul complexes entered the market after limited supply early in the year.

In Seoul, the average competition rate for complexes announced in March reached 156.3-to-1, sharply higher than in January and February. Every complex posted double-digit competition, driven in part by limited general sale units in redevelopment and reconstruction projects.

Major complexes included Acro de Seocho in Seocho District, which recorded a 1,099-to-1 competition rate, Hauterre Banpo in Seocho District at 710-to-1 and Ichon LE-EL in Yongsan District at 135-to-1.

“The recent subscription market continues to show high competition centered on Seoul, but it is difficult to interpret this simply as a divide between the capital region and provincial areas,” a Zigbang official said. “Consumers are clearly moving selectively based on price competitiveness and location rather than region alone.”

The official added that complexes with a strong balance of location, product quality and sale price can continue to attract real demand regardless of region.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260504010000342

KIRSTEN O’Brien hung up her headphones at BBC Berkshire after revealing a new gig.

The kids’ TV presenter will be joining the BBC Radio 2 team for a very different role.

On her last day at the station, she was surprised by fellow 90s stars Dick and Dom.

She shared BBC Berkshire’s tweet, with a selfie of her and the boys and wrote: “Bit of news! Love that the lads surprised me today, I’m sad to be leaving BBC Berkshire as I’ve had a ball, but I can’t wait to get stuck in doing the traffic reports on BBC Radio 2 from Monday!”

Kirsten hosted the 10am-2pm slot on the Berkshire-based station and on her final show, she told listeners: “It’s eight years I’ve been here.

“I started at the old place at Caversham Park, doing a bit of covering, did the news, of course, some breakfast, and then the last two years doing brilliant things on this mid-morning show.

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“I’ve really, really enjoyed it. I’ve done all sorts while I’ve been here. I’ve visited everywhere from Reading Uni to the tip.

“I was thinking back about where I’ve been. My kids have grown up since when I first started, they weren’t sleeping.

“We were talking to sleep experts about helping me out. And now, of course, I just get them for stories.

“They provide endless content for me. Mark as well, whose life plays out on the radio, poor fella.

“So, I’ve always said I’ve come in here for a bit of a rest, a chat, to hear your stories as well and a bit of a laugh, and it’s been absolutely brilliant.”

Brigitte Tetta will be taking over Kirsten’s slot.

Kirsten was met with messages of support from listeners, with one writing: “Will be great to hear your voice on BBCRadio2. Always brings a bit of nostalgia from the CBBC and SMart days!”

A second added: “Heard you with Sara Cox a couple of weeks ago and you were great!”

“Congratulations Kirsten best wishes for the new adventures ahead,” echoed another.

“Wooooaahhhh, what?! I did not have this on my Bingo card for 2026! Fantastic, Kirst!! Huge congrats,” wrote a forth.

One said how they’d been impressed with her joining Trevor Nelson last week.

Another suggested there needed to be a SMart reboot.

Kirsten O’Brien became a familiar face of children’s television in the late 1990s and 2000s, where she started her career as a CBBC presenter.

She became known for her on-screen partnership with Otis the Aardvark.

In 1999, she landed the SMart gig, which saw her also take on SMarteenies and Smile.

Whilst she didn’t work with Dick and Dom (Richard McCourt and Dominic Wood), they were all part of the CBBC presenting gang and were close pals.

April 18 (UPI) — The Federal Aviation Administration is working with three bidders to develop artificial intelligence software to help air traffic controllers manage flights across the nation’s airspace.

Transportation Secretary Sean Duffy discussed the effort during a media event on Friday, and said the goal is to help anticipate schedule conflicts and improve planning for bottlenecks at busy airports.

“This software, as they look at the flight paths, won’t see [potential issues] 15 minutes before it happens .. a controller will get a notice that they could change one of the airplane’s flight paths slightly and they can deconflict it an hour and a half or two hours before the conflict even happens,” Duffy said during a media event hosted by Semafor.

The program is aimed at fundamentally changing how airspace in the United States operates, The Air Current reported, and is a major part of the agency’s efforts at modernization and redesign.

The FAA has mounted an effort to see how AI can improve the functionality and safety of the country’s air traffic control systems, especially amid a growing shortage of controllers, at least partially because political debates that have hampered the agency’s funding.

The system that the FAA is looking to develop — called SMART, which stands for Strategic Management of Airspace Routing Trajectories — is part of a $32.5 billion modernization program that includes replacing hundreds of radars and growing its air controller staff, The Next Web reported.

Development of the new system, which follows a series of issues at airports across the country that have seen near-misses and actual crashes that have raised concerns among experts and travelers alike, is being bid on by the companies Palantir, Thales and Air Space Intelligence.

The system could begin to be operational some time later this year, with an update on progress expected from the Department of Transportation and FAA on April 21.

The NBA has received several billion-dollar bids for teams in the proposed European league, BBC Sport understands.

Initial plans for ‘NBA Europe’ are for 10 to 12 franchises that would stay in the league on an annual basis.

It is understood multiple bids worth between $500m and $1bn (£375m to £750m) have been made, while there are also several above the billion-dollar mark.

Europe’s best teams currently compete in the EuroLeague, which was started by basketball’s international governing body Fiba but has been run by Euroleague Basketball since 2000.

Mark Tatum, the NBA’s deputy commissioner and chief operating officer, said the NBA had “received significant interest from a range of prospective teams”.

The league is expected to be made up of new franchises, current basketball teams and football clubs who may or may not already have associated basketball teams.

More than a dozen existing teams have been in talks with the NBA, including some EuroLeague teams, sources said.

BBC Sport has contacted EuroLeague for comment.

Reports have previously said that EuroLeague has concerns about the new venture, threatening legal action against the NBA should clubs break existing agreements to take part in the new competition.

With a current working title of NBA Europe, the plan is to launch the new league as soon as the 2027-28 season.

As many as 16 teams across the continent could be involved, with a team from both London and Manchester expected to feature.

Tatum said: “The level of engagement and the scale of the bids reflect the marketplace’s belief in our proposed model and the enormous, untapped potential for European basketball.

“We will now review the bids in more detail and shortlist the partners who share our vision and commitment to accelerating the growth of the game across the continent.”