SH Corporation Supplies 1,868 National Rental Housing Units in Gangil District and Others

Remaining 1,868 Vacant Units: Resident Recruitment Announcement on the 22nd
Online Applications on SH Corporation Website from Next Month 18 to 22

[Asia Economy Reporter Yuri Kim] Seoul Housing and Communities Corporation (SH Corporation) announced on the 22nd that it will recruit tenants for 1,868 national rental housing units to be supplied to low-income households. The tenant recruitment announcement will be posted on the SH Corporation website at 3 p.m. on the same day.

The units supplied this time are 1,868 remaining vacant units in Gangil District, Magok District, and others. Among these, 1,741 units are for general supply, 77 units are for housing for the vulnerable, and 50 units are allocated for priority supply. Housing for the vulnerable is equipped with residential convenience facilities such as sliding bathroom doors and low switches on floors 1 to 3, and applications are limited to vulnerable groups such as the elderly and disabled.

The supply volume by exclusive area is 46 units of 29㎡, 265 units of 39㎡, 16 units of 46㎡, 684 units of 49㎡, 844 units of 59㎡, and 13 units of 79㎡. The supply prices are approximately as follows: ▲29㎡ deposit about 17 to 18 million KRW, rent about 170,000 KRW ▲39㎡ deposit about 13 to 39 million KRW, rent about 190,000 to 280,000 KRW ▲46㎡ deposit about 59 million KRW, rent about 350,000 KRW ▲49㎡ deposit about 18 to 65 million KRW, rent about 240,000 to 390,000 KRW ▲59㎡ deposit about 37 to 90 million KRW, rent about 270,000 to 470,000 KRW ▲79㎡ deposit about 123 million KRW, rent about 500,000 KRW.

The general supply target for national rental housing is a household member without a home residing in Seoul (except for Sangye Jangam District 1 and 2 complexes), whose monthly average household income is 70% or less of the previous year's average monthly income of urban workers for exclusive areas of 60㎡ or less, and 100% or less for areas exceeding 60㎡. The total household assets must be 288 million KRW or less, and the value of household-owned vehicles must be 24.68 million KRW or less. For housing under 50㎡, in case of competition, applicants with a monthly average household income of 50% or less are given priority, and the first priority condition is that applicants must reside in the relevant autonomous district or adjacent autonomous district. For housing 50㎡ or larger, applicants must have paid at least 24 installments of subscription savings as of the announcement date to qualify for first priority.

Applications will be accepted for the first priority from January 18 to 22 next year, and for the second priority on February 3. The winners will be announced on July 28 next year, and the contract period is from August 9 to 11 next year. Detailed information such as complex layout and floor plans can be checked through the SH Corporation website and announcement documents. Inquiries can be made through the SH Call Center.

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