Newlyweds and first-ever special work standards eased…Three-person dual-income families earning 100 million a year can also subscribe

Input 2021.01.28 11:00

In case of violating the restriction on resale of sales rights, the subscription cannot be made for 10 years.

A and B, newlyweds who are two-income homeless couples with one child. They were unable to apply for a special supply of newlyweds with a high probability of winning in private pre-tax housing with a monthly income of 8.5 million won. This is because it did not meet the current standard that it is only possible to be less than 7.22 million won (average monthly income of city workers) before tax. However, it is now possible to apply for the special construction of private pre-sale housing, which will be announced from February. This is because the government changed related regulations to ease the standard for special services for newlyweds.

The Ministry of Land, Infrastructure and Transport announced on the 28th that the revised rules on housing supply and the enforcement regulations of the Special Act on Public Housing will be implemented from the 2nd of next month. This is a follow-up measure to the plan to ease the income standard for special supplies for newlyweds and for the first time in life, announced at the time of the Ministers’ Meeting on the real estate market inspection last October. According to the new rule, special supply subscription opportunities are available for newlyweds with an average monthly income of 140% or less for urban workers and 160% or less for double-earnings. For households with three or less pre-tax income, 140% of the average monthly income of urban workers is 7.78 million won per month, and 160% is 8.89 million won per month. For the first time in life, the private sector has an opportunity to subscribe to those with less than 160%.

In addition, starting from February next year, if the restriction on resale rights is violated, the apartment subscription will be unavailable for 10 years. Until now, only those who were displaced by the stomach or used a method of obtaining a false pregnancy certificate, etc., have been penalized for banning subscription. This is a follow-up to the revised housing law that took effect on August 18 last year.

Those who have received apartment sales will be notified of their planned occupancy date up to two months prior to the date they can live. Until now, it has been difficult for some business entities to provide a balance or dispose of existing houses by notifying them earlier or later than the scheduled move-in date on the recruitment announcement date. The designated period for moving in is also extended to at least 45 days. Until now, the business entity has been able to arbitrarily set the period of designation, but if the period of designation is too short, there are inconveniences such as the number of moving days. From now on, the moving period will be dispersed by setting the designated period for moving in at least 60 days for more than 300 households and 45 days for less than 300 households.

In addition, teachers were excluded from the special supply of institutions before the Happy City in Sejong City, and in the case of long-term service personnel for 25 years or longer who were recommended by the Ministry of Defense, the pre-residency requirement at the time of subscription was eased only in the metropolitan area, excluding overheated speculation districts.