Iksan-si, Construction of Industrial Complex Happy Housing... 'Housing Cost Burden Drops!'

Perspective view of Iksan City 3rd Industrial Complex-type Happy Housing. Photo by Iksan City

[Asia Economy Honam Reporting Headquarters Reporter Gominhyeong] Iksan City and the Jeonbuk Headquarters of Korea Land and Housing Corporation (LH) are jointly promoting the construction of industrial complex-type Happy Housing.

On the 19th, Iksan City and LH Jeonbuk Headquarters signed a business agreement at the Iksan City Hall Situation Room, attended by Jeong Heon-yul, Mayor of Iksan, Kwon Chang-ho, Head of the Headquarters, and Yoon Young-sook, Vice Chairman of the Iksan City Council, agreeing to actively cooperate in the construction of industrial complex-type Happy Housing.

The industrial complex-type Happy Housing is a public rental apartment with about 200 households to be built on the multi-family housing site in the Iksan 3rd General Industrial Complex.

It is expected to improve the residential conditions of workers in nearby areas by supplying housing not only to workers of companies in the 3rd Industrial Complex but also to workers in the nearby 4th Industrial Complex, Samgi and Nangsannonggong Complex, and individually located factories.

Additionally, by allowing the younger generation to rent Happy Housing at affordable prices and live near their workplaces, it will contribute to preventing population outflow, stabilize housing for company workers, reduce housing cost burdens, and is expected to have a positive effect on revitalizing the local economy.

Mayor Jeong said, “The industrial complex-type Happy Housing will be supplied at about 80% of the rental market price to alleviate housing anxiety for workers and the younger generation.”

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