
In the morning of the 24th, at a briefing on a plan for promoting new public housing for expanding housing supply at the Sejong City Government Complex, Seong-won Yoon, 1st Vice Minister of the Ministry of Land, Infrastructure and Transport answers a reporter’s question. yunhap news
The 6th 3rd new town will be built in Gwangmyeong and Siheung, Gyeonggi Province, with a total of 70,000 households (1,271 million square meters). It is the largest among the 3rd new towns. New residential areas will also be built in Busan Daejeo (243 million square meters, 18,000 households) and Gwangju Sanjeong (168 thousand square meters, 13,000 households). The combined supply of the three is a total of 101,000 households. On the 24th, the Ministry of Land, Infrastructure and Transport announced a plan to promote new public housing sites to expand the supply of housing in large cities. Earlier, the government announced that it will secure new housing sites that can supply 263,000 houses across the country, including 180,000 households in the metropolitan area by 2025 from the 2nd and 4th measures.
On the day, Seong-won Yoon, the first vice minister of the Ministry of Land, said, “The government’s willingness to stabilize the housing market by supporting the opportunity to build a home for end users through sufficient housing supply is more firm than ever.” He said, “We plan to promote it without a hitch.” We summarized the questions from the announcement of the plan on this day and the answers of the 1st Vice Minister of Land, Infrastructure and Transport Yoon Seong-won and Kim Gyu-cheol, head of the Public Housing Promotion Division.
- What is the plan for opening the Gwangmyeong-Siheung railway?
“By constructing an urban railroad that passes through the new city in the north-south direction, it is linked to subway lines 1, 2 and 7, the Sinansan line, and the metropolitan express train (GTX)-B. For urban railroads, light rail is being considered. To the north, subway 2 There is a plan to connect Sindorim Station on the Ho Line and to the KTX Gwangmyeong Station or Hakon Station on the Sinansan Line to the south. We will finalize and announce the district plan until early next year.”
- When will the new public housing site move in?
“Today, the district designation plan announced will be sold in sales from 2025. The pre-subscription plan is also scheduled to enter in 2023, when the district designation plan and compensation have progressed to some extent. The amount of pre-subscription has not yet been confirmed. We plan to accelerate the time of subscription, sales, start of construction, and move-in as much as possible. The second public housing plan to be announced is a similar schedule.”
- Gwangmyeong and Siheung were also promising candidates when the 3rd new city was designated in 2018-2019.
“Gwangmyeong and Siheung were designated as special management zones, and some individual projects were carried out, but there was no progress. Local residents and local governments demanded rapid integrated development.”
- Stabilization of house prices in Gangnam, Seoul is urgent, will supply in the southwest region have an effect?
“There has not been a large new city in the southwestern part of the metropolitan area so far. The location is good because the distance from Seoul is about 1km. If railroad-based transportation measures are in place and infrastructure is well established, it is expected to absorb a lot of housing demand in Seoul. do.”

The Ministry of Land, Infrastructure and Transport held a briefing on the 24th and announced that Siheung, Gwangmyeong was selected as the 6th 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. yunhap news
- Residents of the 3rd new town are still protesting. How will you resolve conflicts such as land compensation issues?
“The 3rd new town has been receiving a lot of cooperation by interacting with residents more than 150 times from the announcement stage. It can be said that the resistance of residents has decreased now. I will try to solve the problem by communicating with the residents as much as possible in the designated area.”
- Gwangmyeong and Siheung were designated in the Bogeumjari housing district and then re-designated as the third new town after being released.
“It is 96% larger than the Bogeumjari housing site. The logistics and industrial complexes, the Gwangmyeong Hakon public housing district, and the rest of the areas excluding military units and some roads will be designated as public housing districts.”
Reporter Kim Won [email protected]