Pre-subscription for 620,000 households by next year to stabilize the house price… Introduced’equity savings type’ in Seoul

The government has decided to proceed with advance subscription of 62,000 households by next year to stabilize the house price. In Seoul, equity-equipped pre-sale houses are introduced as an alternative to small-scale reconstruction of less than 200 households and lotto sales.

On the 18th, the government explained the progress of housing supply and future plans through a joint briefing on the real estate market held online on the 18th.

The Ministry of Land, Infrastructure and Transport said that in relation to the supply of new housing sites such as the third new city, a total of five new cities including Namyangju Wangsuk, Hanamgyosan, Incheon Gyeyang, Goyang Changneung, and Bucheon Daejang have completed the district designation and are in the process of establishing a district plan.

In the case of a new housing site with a scale of 48,000 households announced through the residential welfare roadmap, etc., construction has begun. Of these, 6300 households in the Guri-galmae Station area will be subscribed this year.

Most of the new residential sites in the city center, such as the Yongsan Maintenance Window, the Taereung Golf Course (CC) site, and the Gwacheon Office, announced through the 5·6 and 8·4 supply measures last year are also under development.

Pre-subscription is planned to be implemented by Namyangju, Seongnam, and Uiwang in order, starting with Gyeyang in Incheon in July, and supplying 30,000 households in the second half of this year and 32,000 households next year.

In the case of public maintenance projects, the Ministry of Land, Infrastructure and Transport and the Seoul Metropolitan Government select eight candidate sites for public redevelopment that have a great effect on improving housing and living conditions, and establish a maintenance plan and designate an implementer within the year. Through this, about 4700 households can be supplied.

As a result of consulting on public reconstruction, it was found that 1.5 times more houses were supplied and residents’ contributions were reduced by an average of 35%. In order to finalize the candidate site, we will continue to communicate with the pre-consulting response complex and promote the second consultation for recruiting additional complexes.

As a follow-up measure of the previous generation plan, 19,000 households out of public rental vacancy were supplied to the existing targets on a charter basis. For 20,000 households, the income and asset standards will be greatly eased and supplied in a chartered form.

This year, along with public redevelopment and reconstruction, Seoul will introduce a new’public small-scale reconstruction’ for small complexes with less than 200 households. Through this, the current plan is to expand the supply of 5,800 houses to 10,000 by 2023.

Complex development using idle land will also be promoted. The plan is to promote the construction of 90,000 households of public housing, which is currently being promoted in a total of 127 business sites. This year, a total of 1699 households, including Yangwon District, Seoul Hwigyeong, and Segok 2, will be completed.

In order to supply houses that utilize the station area, the target area of ​​the station area has been expanded from 207 to 307 all station areas, and the range of station areas where high-density development is possible has also been expanded from 250m to 350m.

Through this, an additional supply of 8,000 homes is expected by 2022, and about 22,000 additional households can be supplied by 2025, according to the Seoul Metropolitan Government.

In addition, as an alternative to lotto sales, SH Corporation’s public pre-sale houses are converted into equity-equipped pre-sale houses, supplying a total of 17,000 households, including 1150 households by 2023 and 15900 households by 2028.

In order to stabilize the rental market, the company announced on the 15th that it announced the combined purchase of 1,500 units of public jeonse housing and 6,000 units of jeonse-type housing announced in November.

An official from the Ministry of Land, Infrastructure and Transport said, “The best way to effectively respond to the unrest in the housing market and alleviate the difficulty of building a home for the homeless is to expand the housing supply.” I will also come up with plans to expand my supply of additional housing.”