Ministry of Land Holds Weekly 'Housing Supply Briefing' Every Wednesday... Urban Project Candidate Sites to Be Announced on the 31st

Minister of Land, Infrastructure and Transport Byeon Chang-heum is greeting attendees at the 18th Real Estate Market Inspection Meeting held at the Government Seoul Office in Jongno-gu, Seoul on the morning of the 26th. Photo by Kang Jin-hyung aymsdream@

[Asia Economy Reporter Moon Jiwon] The Ministry of Land, Infrastructure and Transport announced on the 29th that it will hold a 'Housing Supply Briefing' every Wednesday from the 31st of this month until July to regularly report to the public on the progress and achievements of housing supply measures.

This briefing is conducted with the purpose of accurately informing how the government’s previously announced housing supply measures are being implemented.

At the weekly briefing, key officials will focus on explaining the progress and achievements of the housing supply measures for that week.

If there are housing policy issues of high public interest, the purpose and content of the policies will also be explained.

At the first briefing on the 31st, the progress since the announcement of the 2·4 measures and the first results, including the disclosure of the first urban project candidate sites, will be revealed.

Additional disclosures of urban project candidate sites, announcements of the second new public housing sites, and the results of the selection of residential regeneration innovation districts, which will continue from next month, will also be made through regular briefings.

A Ministry of Land official said, "Rapid housing supply is essential to stabilize the housing market and support genuine buyers in acquiring their own homes," adding, "the previously announced housing supply measures will be pursued consistently and without wavering."

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