South Korea's government is reviewing a plan to raise the Comprehensive Real Estate Tax basic deduction for non-resident single-home owners from the current 900 million won to either 1.2 billion won or 1.4 billion won, with the matter possibly discussed at a Cabinet meeting on September 1. The original August 3 reform proposal had set a split threshold of 1.4 billion won for owner-occupiers and 900 million won for non-residents, drawing discontent and a formal call from the ruling Democratic Party to ease the heavier non-resident burden; 1.2 billion won is cited as a leading alternative, while earlier reporting had cast a unified 1.4 billion won deduction as the front-runner. Deputy Prime Minister and Finance Minister Koo Yun-cheol said the government is also reviewing whether to treat non-residence as residence when reasonable grounds exist, extending a broader debate that includes expanding capital gains residence recognition for school-related moves. Separately, real estate analysts warn that a 1 billion won cap on the long-term holding special deduction under the capital gains tax could trigger sharp home-price swings in Seoul's Gangnam area.