Gwanggyo Woncheon, Seongnam Pangyo, Hwaseong Dongtan 'Gyeonggi Happy Housing' Additional Tenant Recruitment

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Urban Innovation Corporation is recruiting additional tenants for three Gyeonggi Happy Housing complexes: Gwanggyo Woncheon in Suwon, Pangyo in Seongnam, and Dongtan Lake Park in Hwaseong.

Gyeonggi Happy Housing is public rental housing supplied at 60-80% of the surrounding market price to ensure housing stability for vulnerable groups such as university students, young people, newlyweds, the elderly, and housing benefit recipients. It is a type of Happy Housing specialized for Gyeonggi Province, provided by Gyeonggi Urban Innovation Corporation.

Gwanggyo Woncheon Gyeonggi Happy Housing offers 49 units for university students, housing benefit recipients, and the elderly. It is adjacent to Ajou University and Ajou University Hospital, and Gwanggyo Jungang Station (Shinbundang Line) is located within 1 km, providing a favorable residential environment for university students and others.

Seongnam Pangyo Gyeonggi Happy Housing offers 41 units for young people and the elderly. It is located within approximately 1 km of Pangyo Station (Shinbundang Line), Pangyo IC on the Gyeongbu Expressway, and Dongpangyo IC on the 2nd Gyeongin Expressway, providing convenient transportation access.

Dongtan Lake Park Gyeonggi Happy Housing is near Dongtan Lake in Dongtan 2 New Town and offers 104 units for newlyweds, single-parent families, and young people. Dongtan Lake Park is surrounded by mountains on the southeast side, offering ample green space and a natural environment.

In particular, Dongtan Lake Park Gyeonggi Happy Housing has relaxed tenant eligibility criteria by changing the monthly average income limit of the household from 100% or less to 120% or less of the previous year’s average monthly income per household member for urban workers, thereby lowering the income requirements.

The duration requirement has also been extended, changing the marriage period for newlyweds from within 7 years to within 10 years, expanding the opportunity for actual demand tenants to move in.

Applications for subscription can be made from the 11th to the 14th at the Gyeonggi Urban Innovation Corporation Rental Housing Subscription Center (https://apply.gico.or.kr). Contracts will be conducted from the 27th to the 29th through the Ministry of Land, Infrastructure and Transport’s Real Estate Transaction Electronic Contract System (https://irts.molit.go.kr). Contract holders will undergo tenant qualification screening and will be able to move in starting from the fourth quarter of this year.

For more details, please refer to the Gyeonggi Urban Innovation Corporation website (http://www.gico.or.kr) or the Rental Housing Subscription Center, or contact the consultation phone number (031-216-7840).

This content was produced with the assistance of AI translation services.