“Isn’t it that all owners who have been waiting for’preparing my home’ are treated as speculators? It is an obvious infringement of private property rights.
Oh Jeong-ja, chairman of the Promotion Committee for the Huam Special Plan Zone 1 (Dongja) in Yongsan-gu, Seoul, said in an interview with the Korea Economic Daily on the 15th.
The promotion committee released a press release that day and reiterated its opinion of’opposite the association’ (photo) on the government plan to change the Dongja-dong Jikbang village near Seoul Station into a high-rise apartment complex. On the 5th, the government announced that it would supply 2410 households, including 1250 public rental units, 200 units for public sales, and 960 units for private sales, through the public housing district project in Dongja-dong area of 47,000 square meters. The promotion committee said, “Regardless of the announcement of this government, Seoul and Yongsan-gu were in the process of providing a plan for the Dongja-dong complex city plan to be announced at the end of the year.” I want to develop it.”
The biggest reason for the strong opposition of owners is the possibility of being’cashed out’ without receiving the right to occupy a new apartment. The Ministry of Land, Infrastructure and Transport plans to give priority to public or private sales to residents in the area. Owners who do not live in the district will be given a special right to supply public sales for homeless people.
The Promotion Committee argues that the policy that if you do not live, you are subject to cash liquidation, does not fit the reality. Chairman Oh said, “Dongja-dong Jikbang Village has been restricted to development for decades and has a poor living environment, so many owners have moved to other areas, so the actual residence rate is less than 10%.” The owners cannot accept it because they have to buy another house while paying.”
He stressed that it was too much to block the purchase of additional homes in other areas by 2026. He pointed out that “when it is difficult to find a private house, if you buy a small villa or a small house, the right to sell a new apartment will fly away.”
The promotion committee is in a position that it will immortalize even a large-scale protest rally. Chairman Oh said, “Previous private redevelopment includes a win-win plan, such as public rental housing for the residents of Kikbang,” and said, “The government announced a surprise attack and asked to submit a written opinion within two weeks including the Lunar New Year holiday. I’m showing it.” Regarding this, the Ministry of Land, Infrastructure and Transport explained, “The designation of public housing districts is confidential, so it is difficult to obtain resident consent in advance.” “We will provide sufficient cash compensation to the owners based on appraisals reflecting market prices.”
Reporter Shin Yeon-soo [email protected]
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