Kim Jin-pyo, Head of the Emergency Economic Countermeasures Headquarters of the Democratic Party of Korea, is delivering a keynote speech at the Emergency Economic Countermeasures Headquarters meeting of the COVID-19 National Crisis Overcoming Committee held at the National Assembly on the 6th. Photo by Yoon Dong-joo doso7@

Kim Jin-pyo, Head of the Emergency Economic Countermeasures Headquarters of the Democratic Party of Korea, is delivering a keynote speech at the Emergency Economic Countermeasures Headquarters meeting of the COVID-19 National Crisis Overcoming Committee held at the National Assembly on the 6th. Photo by Yoon Dong-joo doso7@

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[Asia Economy Reporter Wondara] The Democratic Party of Korea and the government are discussing plans to supply housing by utilizing government-owned golf courses. The first site under consideration is the Taereung Golf Course located in Nowon-gu, Seoul.


On the 16th, a Democratic Party official stated, "At a recent party meeting, the plan to build apartments on government-owned golf course land was discussed," adding, "It is currently at the review stage." Since the land is government-owned, it is understood that there is a consensus on the advantage of being able to supply housing more quickly without going through private land expropriation procedures.


The office of Rep. Kim Jin-pyo, a member of the National Defense Committee who proposed this idea to the party and government, said, "The Taereung Golf Course, a military golf course, has good living conditions such as drainage facilities and transportation." They added, "If the Taereung Golf Course is relocated to the Seongnam Golf Course, which was returned from the U.S. military, and an apartment complex is developed in this area, it could supply 20,000 housing units." They also explained, "According to the construction company's feasibility study, housing can be developed at a cost of about 4 to 5 million KRW per pyeong. Since Taereung is close to the center of Seoul, it can meet the demand of young people and newlyweds."


The Democratic Party plans to review all government-owned lands that can be used, including the 88CC in Giheung, Gyeonggi Province, and the New Seoul CC in Gwangju, Gyeonggi Province, a golf course operated by a public enterprise under the Ministry of Culture, Sports and Tourism, to prepare housing supply plans. On the morning of the same day, Kim Tae-nyeon, the Democratic Party floor leader, said at a policy coordination meeting held at the National Assembly, "The party and government will swiftly promote the expansion of housing supply," adding, "We will prepare comprehensive measures such as improving urban planning regulations for shared urban development in city centers, discovering new sites including idle land, and supplying public rental and sale apartments for young people and newlyweds through easing urban regulations on public redevelopment and reconstruction projects."



Meanwhile, the Democratic Party is drawing a line on the release of the Greenbelt, which the Seoul Metropolitan Government opposes. Cho Eung-cheon, the Democratic Party secretary of the National Assembly Land, Infrastructure and Transport Committee, told reporters after the policy coordination meeting, "Right now, we are trying to properly discuss supply measures including the Greenbelt, and it is only at the stage of deciding roles to discuss this in the task force chaired by Deputy Prime Minister Hong Nam-ki."


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

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