567 House Transit-Oriented Youth Housing to Be Built Near Gildong Station

[Asia Economy Reporter Onyu Lim] The Seoul Metropolitan Government announced on the 14th that 567 units of 'Station Area Youth Housing' will be built near Gildong Station on Seoul Subway Line 5.

The housing will consist of 181 public rental units and 386 private rental units, with construction starting in the first half of this year and occupancy expected in June 2023.

Four old buildings, aged 28 to 40 years, will be demolished, and two residential complex buildings will be constructed with total floor areas of 14,828.98㎡ (2 basement floors to 22 above-ground floors) and 11,595.47㎡ (2 basement floors to 19 above-ground floors), respectively.

Inside, built-in appliances and furniture, exercise facilities, shared kitchens, and communal lounges will be provided.

Additionally, a community convenience facility of approximately 120㎡, such as a village vitality center needed in the Gildong area, will be created so that not only residents but also local community members can use it as a space for communication and relaxation.

The city designated the site at 367-1 and 368-7 Gildong, Gangdong-gu, as a Station Area Youth Housing Supply Promotion District and approved the district plan, swiftly processing the building permit procedures.

Jinhyung Lee, Director of Housing Planning at Seoul City, said, "The Gildong youth housing is expected to practically contribute to the residential stability and improved quality of life, including proximity to work, for young people living in 1-2 person households working near Jamsil and Gangnam."

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