Real Estate: Economy: News: Hankyoreh

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Five city centers in Seoul, including 50-year-old apartments in Yongsan, Seoul, which suffered from reconstruction due to lack of business feasibility, were selected as candidates for leading public reconstruction projects. It was found that 101 sites were gathered within one month to recruit candidate sites for public direct implementation maintenance projects proposed through the 2·4 measures. On the 7th, the Ministry of Land, Infrastructure and Transport disclosed the current status of the public maintenance project. The two projects disclosed on this day are public reconstruction according to last year’s August 4th measures and public direct implementation maintenance according to the 2nd and 4th measures. Five candidates for the public reconstruction project were selected as Gangbyeon Gangseo Mansion in Yongsan-gu, 13 Singil 13 in Yeongdeungpo, Mangwoo 1 in Jungnang-gu, Junggok Apartment in Gwangjin-gu, and Miseong Gunyoung Apartment in Gwanak-gu. The public reconstruction proposed through the August 4 measures last year is to allow high-density reconstruction by easing regulations such as changing the use area and easing the floor area ratio on the premise of securing publicity.Shinbanpo 19th apartment out of a total of 7 complexes that received preliminary consulting in January. Excluding the two, etc., five were selected as the final candidates. Most of the places selected this time could not be reconstructed on their own without deregulation due to public intervention. The Gangbyeon Gangseo Mansion in Yongsan-gu was an old apartment that was completed in 1971, but the current floor area ratio is high, and it is difficult to secure business feasibility without radical deregulation. In the Mangwoo District 1 of Jungnang-gu, the union was established in 2012, but it has suffered various disputes, such as a lawsuit for dismissal of the former union leader and a referendum for dismissal of the district. The Ministry of Land, Infrastructure and Transport announced that the floor area ratio will increase by 178% points on average through urban planning incentives given to public reconstruction, and that the number of households supplied will increase 1.5 times (1503 → 2232 units). Members’ contributions were also found to decrease from 11% to 85%. The market is paying attention to the fact that the total supply of the first candidate site for public reconstruction is around 2,200 units, which is significantly below the annual target of 10,000 units (50,000 units for five years) proposed at the time of August 4 last year. This is due to the large temperature difference from public redevelopment, which is driving unexpected box office success.For public redevelopment, the target volume of 20,000 units by 2022 proposed at the time of the 5·6 measures through the selection of candidate sites for the first (4700 units) and the second (20,000 units). Is already exceeded. In particular,’reconstruction Daeeo’, such as Eunma Apartment in Daechi-dong and Jamsil Jugong Complex 5, in the early stages of public reconstruction received public reconstruction consulting and got off due to disagreement with the residents. In the case of Sinbanpo 19 Complex, which was included in the seven complexes that completed the consulting and received the consulting results in January, it is reported that the 10% of the resident consent ratio, which is the first candidate site selection requirement, was not met due to disagreement among residents. “Unlike public redevelopment where there were many prominent candidates by location and scale, public redevelopment did not include places that the market was interested in,” said Kim Gyeong-gyu, director of Korea Investment & Securities Institute for Asset Succession. After the Seoul Mayor’s election, the government will see the atmosphere of deregulation and promote its own reconstruction, and public reconstruction is likely to go to places that cannot be implemented unless it is public.” Meanwhile, the Ministry of Land, Infrastructure and Transport announced that 101 sites (63 redevelopment, 38 redevelopment) received applications for candidate sites for public direct-implemented maintenance projects proposed as the second and fourth countermeasures. In general, the location conditions are excellent, but the Ministry of Land, Infrastructure and Transport explained that there are many places where self-development is difficult due to regulations or private development is difficult due to poor location. Public redevelopment (5·6 countermeasures) that came out last year. Unlike public reconstruction (8/4 countermeasures), public direct implementation of 2-4 countermeasures is a model in which LH or SH directly executes the project without establishing a cooperative. The incentive level is higher. The Ministry of Land, Infrastructure and Transport plans to provide consulting results for them until June at the latest and determine candidate sites by August. In particular, in relation to the fact that the supply of public reconstruction was significantly short of the target, the Ministry of Land, Infrastructure and Transport announced that additional quantities may come out in the process of consulting for public direct implementation maintenance projects. An official from the Ministry of Land, Transport and Maritime Affairs said, “After the 2nd and 4th measures came out, there are many places that are concerned about public reconstruction and public direct implementation maintenance projects. In particular, in the case of consulting, many places ask for a comparison of the profitability of the two projects. As the quantity was absorbed into the quantity of 93,000 units of the public direct implementation of the 2nd and 4th measures, there will be no problem in finally filling the target quantity.” By Jin Myung-sun, staff reporter [email protected]