Hong Nam-ki “Discussion for additional supply of station area this week”…

“I am sorry for real estate stabilization. If the measures announced last year are implemented, housing prices will stabilize this year.”

A view of downtown apartments from Namsan, Seoul on the 7th /yunhap news

Hong Nam-ki, Deputy Prime Minister of Economy and Minister of Strategy and Finance, suggested the 25th real estate measure aimed at providing additional station areas.

Deputy Prime Minister Hong appeared on the KBS Sunday diagnosis on the 10th and said, “At this week (15th), at the real estate market inspection minister relations meeting, we will check the housing supply through redevelopment and reconstruction expansion announced last year, and discuss additional housing supply ideas for the station area. Plan”. He explained, “If the discussion goes well, additional supply expansion plans can be prepared,” he explained, but “it is still under review.”

Previously, Minister of Land, Infrastructure and Transport Byun Chang-heum said at a policy meeting on the 5th, “We will supply enough housing in the city center by utilizing available areas such as station areas.” “We will effectively manage subway station areas, semi-industrial areas, and low-rise residential areas, etc. If utilized, it can provide sufficient housing in downtown Seoul.” It is reported that the plan to utilize the station area is to expand the radius of the subway station area from 350m to 500m, and to increase the average floor area ratio of the station area from 160% to 300%. Currently, the average distance between stations in Seoul is 1km, so most of the periphery of subway lines can be candidates.

In addition, Deputy Prime Minister Hong said, “I regret that real estate is unstable,” and said, “Because the real estate market shows an unstable factor, the supply and demand factor is large. He added, “The government proposed three comprehensive measures last year. If tax measures or housing supply measures are steadily implemented in the field, real estate and housing prices will stabilize this year.”
/ Sejong = Reporter Hwang Jeong-won [email protected]

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