Established the first reconstruction association in Apgujeong-dong, Seoul… Zone 4 authorization

A view of apartments in Apgujeong-dong, Gangnam-gu, Seoul. /Seoul Economic Daily DB

Of the six maintenance districts in Apgujeong-dong, Gangnam-gu, Seoul, 4 districts (Hyundai 8th, Hanyang 3rd, 4th, 6th) received the approval for the establishment of the reconstruction association for the first time.

According to Gangnam-gu Office on the 15th, Apgujeong District 4 was approved for establishment of the association on the 10th. Apgujeong District 4, which is currently 1,368 households, is expected to be rebuilt into 2,000 households after approval for project implementation and management and disposal plans.

Apgujeong District 4 is the first of the six maintenance districts in Apgujeong-dong, Gangnam-gu, which currently consists of 24 complexes of 10,466 households.

In addition to Zone 4, Zone 1 (Miseong 1 and 2), Zone 2 (Shin-Hyundai 9, 11, 12), 3 (Hyundai 1-7, 10, 13, 14), 5 (Hanyang 1 and 2) ) And District 6 (Hanyang 5, 7 and 8) are also speeding up the reconstruction project. District 1 (Miseong 1st, 2nd), 2nd (Hyundai 9, 11, 12th), and 3rd (Hyundai 1-7, 10, 13, 14th, Daelim Villat) surpassed 75% of the agreement to establish a union. We are preparing for the association establishment general meeting. Along with District 4, District 5, which applied for permission to establish a union at Gangnam-gu Office in December last year, is said to be expected to receive results this month. Apgujeong-dong area, which is considered the best-priced apartment in Gangnam-gu, is in a hurry to approve the establishment of the union in order to avoid the requirement for two years of actual residence. Earlier, the government announced that through the June 17th measures last year, the reconstruction apartments in the overheated district will be allowed to receive the right to occupy new apartments only if the members lived for two years.

/ Reporter Park Yoon-sun [email protected]

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