Siheung supplied 70,000 units… 18,000 units in the Daejeo, 13,000 units in Gwangju, Busan
Prevent speculation by binding to a land transaction permission zone
(Sejong = Yonhap News) Reporter Yoon Jong-seok = The government selected Siheung, Gwangmyeong as the 6th third new city in order to expand the supply of housing in the metropolitan area.
It is the largest of the 3rd new towns to date, and will be built as a self-sufficient city that serves as a base for development of the southwestern part of Seoul.
In addition, the government has also confirmed two regional mid-sized public housing facilities, including Daejeo in Busan and Sanjeong in Gwangju.

[연합뉴스 자료사진]
The Ministry of Land, Infrastructure and Transport held a briefing on the 24th and announced the location of the first new public housing site. A total of 101,000 houses are supplied from these three new housing sites.
Previously, the government announced that it would secure new housing sites capable of supplying 263,000 houses across the country, including 180,000 units in the metropolitan area by 2025 from the 2nd and 4th measures.
Gwangmyeong Siheung (12,71 million㎡) is supplied with 70,000 houses in Gwangmyeong-dong, Okgil-dong, Siheung-si, and Gwarim-dong in Gwangmyeong-si.
Siheung, Gwangmyeong, which will be the 6th 3rd new city, has an area 4.3 times that of Yeouido, Seoul, and is the largest of the 3rd new cities to date.
It is expected to be developed as a hub city in the southwest region that leads the development of Gwangmyeong and Siheung near Seoul.
The government plans to create a pleasant environment by constructing a park, green area and waterfront park that is 1.3 times the area of Yeouido (3.8 million square meters) in Siheung New Town, Gwangmyeong.
A railroad-centered public transportation system will be established to allow access to downtown Seoul in 20 minutes.
In particular, urban railroads that pass through the new city in the north-south direction will be constructed to link with subway lines 1, 2 and 7, the Sinansan Line, and the GTX-B.
In the case of the Busan Daejeo District (243 million square meters), it will be built in the area of Daejeo-dong, Gangseo-gu, Busan, and will supply 18,000 houses.
In order to create a self-sufficient city linked to the Busan R&D Special Zone, the rear residential area will be supplied, and a self-sufficient site of 150,000 square meters will be placed in the area adjacent to the R&D Special Zone to strengthen the function of the Special Zone.
A park and green area of 620,000m2 will be created to establish a green axis in connection with the Nakdong River.
The Busan Gimhae Light Rail Station will be newly established in the district to facilitate transportation to downtown Busan or Gimhae.
Gwangju Sanjeong District (1.68 million㎡) is a residential site built in Sanjeong-dong and Jangsu-dong, Gwangsan-gu, Gwangju City, and is supplied with 13,000 houses.
It will provide high-quality residential areas for workers, such as the Bitgreen Industrial Complex in connection with the Gwangju-type job project, and establish a smart logistics and youth entrepreneurship platform.
The Ministry of Land, Transport and Maritime Affairs designate these new public housing site candidates as planned development areas immediately upon public notice of residents, and the surrounding areas are grouped into land transaction permission areas.
In the land transaction permission zone, speculative land transactions such as land ownership or superficies are blocked for up to five years.

[김민아 제작] illustration
The government has devised and is implementing measures to revitalize compensation for land so that compensation from housing site development does not flow back into the real estate market and overheat the market.
It plans to strengthen support for resettlement of natives, such as providing housing sites for immigrants by surveying resident preferences or special housing for negotiated transferors.
The first public housing site announced this time will be pre-subscribed in 2023, and tenants will be sequentially recruited from 2025.
To this end, the district designation will be completed in the first half of next year through public inspection, strategic environmental impact assessment, and deliberation by the Central Urban Planning Committee.
In addition, the government plans to conduct consulting through the Integrated Support Center to promote new projects such as the urban public housing complex development project announced in the second and fourth measures, and will disclose some candidate sites that residents are willing to participate in next month.
In May, it plans to open a public offering for leading projects for major projects such as public direct implementation maintenance projects and urban public housing complex projects, and determine the first candidate site in July after consultation with local governments.
The’Residential New Deal’, which supplies housing, living SOC, and jobs centered on local cities, plans to announce specific plans in the first half of the year by preparing plans for business promotion.
1st Vice Minister Yoon Seong-won said, “The government’s will to stabilize the housing market by providing support for end-users’ opportunities to prepare their own homes through sufficient housing supply is stronger than ever.” We are going to promote it.

(Sejong = Yonhap News) Reporter Kim Joon-beom = 1st Vice Minister of Land, Transport and Maritime Affairs Yoon Seong-won answers a reporter’s question at a briefing on a plan to expand housing supply at the Sejong City Government Complex on the morning of the 24th. [email protected]
Unauthorized reproduction-redistribution prohibited>
2021/02/24 10:19 sent