“2 million won per pyeong became 20 million won” Gadeok Island owns 79% of the land

Construction of multi-family housing is in full swing on the 4th in Daehang Village, Gangseo-gu, Busan, where Gadeok New Airport is scheduled to be built.  Photo Reporter Eunji Lee

Construction of multi-family housing is in full swing on the 4th in Daehang Village, Gangseo-gu, Busan, where Gadeok New Airport is scheduled to be built. Photo Reporter Eunji Lee

“A house across from one house is under construction.”

Gadeokdo, a foreigner who owns the land, builds a house aiming at the right to sell the land
29 cases of permission to build Daehang Village in the last 6 months… 100 residents increased

On the 4th, Daehang Village in Gadeokdo, Gangseo-gu, Busan. From the entrance to the village, multi-family housing construction was in full swing. Hwang Young-woo (59), a resident who met here, complained that “the town is suffering from a speculator.” Daehang Village is a projected site for the construction of Gadeok New Airport and is at the end of the runway. Mr. Hwang, who was born in this village and has been fishing for 35 years, said, “From September last year, when it was said that the Democratic Party of Korea violated the party constitution and made a candidate for the mayor of Busan, Daehang Village has fallen into speculation.

According to the Gangseo-gu Office in Busan, there have been 29 construction reports permitted in the village since September last year. When the 23 cases under the permit review are combined, a total of 52 cases are reported for construction. During this period, the number of residents of Daehang Village increased by about 100 from 350 to 450.

Not only Daehang Village, but also Gadeok Island, a wind of unprecedented construction, is blowing. Since January of this year, there have been 28 construction reports that have been approved for Gadeokdo Island. Compared to 10 cases in the same period last year, it has tripled. The number of building permits increased from 16 in 2019 to 50 last year.

A banner against Gadeok New Airport is hanging near the Observation Deck in Gangseo-gu, Busan, where Gadeok New Airport will be built.  Reporter Eunji Lee

A banner against Gadeok New Airport is hanging near the Observation Deck in Gangseo-gu, Busan, where Gadeok New Airport will be built. Reporter Eunji Lee

In the real estate industry, most of the land owners are outsiders, so it was interpreted that the number of building reports was on the rise. An official from a certified brokerage company A near Daehang Village said, “In order for foreigners to receive not only land compensation but also the sale of immigrants’ housing, they must live in real life. “I said. In the industry, the sale of housing land for immigrants is expected to be traded for at least 200 million to 300 million won.

Gadeokdo Island's Private Land Owned by Outsiders

Gadeokdo Island’s Private Land Owned by Outsiders

According to data submitted by Rep. Yun Han-hong to Busan, etc., as of December last year, outsiders owned 6.77 million ㎡, which is 79% of the 859 million ㎡ of total private land on Gadeok Island. All 30 landowners who own the largest area on Gadeok Island are outsiders.

Land ownership by foreigners began to increase rapidly in 2009, when Gadeok-do was mentioned as a candidate for a new airport. Of the 2.95 million m2 of land in Gadeok Island that had been changed to ownership at the time, 2.44 million m2 (83%) was changed to owned by outsiders. At that time, the location where the view right was secured in Daehang Village was 5 million won per pyeong (3.3㎡), and the general housing site was traded at 1.5 million won per pyeong.

President Moon Jae-in attended the'Southeastern Megacity Construction Strategy Report' held in Busan on the 25th of last month and inspected the planned area of ​​Gadeok Island Airport by taking a fishing guidance boat.  Blue House Photo Reporters

President Moon Jae-in attended the’Southeastern Megacity Construction Strategy Report’ held in Busan on the 25th of last month and inspected the planned area of ​​Gadeok Island Airport by taking a fishing guidance boat. Blue House Photo Reporters

Land prices soared through the 2012 presidential election and the 2018 Busan mayoral election. After the Gadeokdo New Airport Special Law was passed on the 26th of last month, it has risen three to four times. The café site located in Daehang Village has now exceeded 15 million won from 5 million won per pyeong (2009). General residential land is traded at 5 million won per pyeong.

When Gadeok New Airport is built, Cheonseong Village, which is highly likely to be developed as a tourist city, is trading at around 20 million won per pyeong in a location with a good view. It is said that it was about 2 million won per pyeong just 10 years ago. An official from an authorized brokerage B near Cheonseong Village said, “Daehang Village is accepted as the site of Gadeok New Airport, but there is a possibility that Cheonseong Village will be selected as a residential site for indigenous migration.”

Residents of Gadeok Island, who are in a position to be driven out after losing their livelihood, oppose the construction of Gadeok New Airport. About 300 residents of the Daehang Village decided to set up a countermeasure committee against Gaduk New Airport. Hwang Young-woo, head of the emergency countermeasures against Gadeok New Airport, said, “What I have learned in my life is fishing. It is difficult to buy one,” he said.

Hwang Young-woo, chairman of the emergency countermeasures against Gaduk New Airport, explains the reasons for opposition to Gaduk New Airport on the 4th at the Port Observatory.  Reporter Eunji Lee

Hwang Young-woo, chairman of the emergency countermeasures against Gaduk New Airport, explains the reasons for opposition to Gaduk New Airport on the 4th at the Port Observatory. Reporter Eunji Lee

Residents who favor Gaduk New Airport are in a position that proper compensation should follow. Lee San-sik (84), born in Daehang Village, said, “I am disappointed by the government pushing Gaduk New Airport without consultation with the residents.” Demanded.

Busan = Reporter Eunji Lee [email protected]


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