Gangbuk-gu, Recruiting Tenants for Youth Community Housing... 30.13~49.06㎡, Deposit 14.4~35.44 Million KRW, Monthly Rent 180,000~430,000 KRW

Operated as Public Rental Housing Tailored for Youth Demand Including Students and Early Career Adults... Recruiting a Total of 62 Units from April 13 to 30

Community Housing Phase 5 Rooftop

[Asia Economy Reporter Jongil Park] Gangbuk-gu (Mayor Park Gyumsu) is collaborating with Seoul Housing and Communities Corporation to prepare youth communal housing (tentative name) and is recruiting tenants.

Previously, the district sold public housing called ‘Dojeonsuk’ phases 1, 2, and 3 for young solo entrepreneurs and social entrepreneurs in the area.

This time, the district expanded the supply target of the existing youth housing, which was limited to entrepreneurs, to all homeless youth so that more young generations can benefit from housing security.

The total number of units supplied is 62, including ▲Phase 4 (Samyang-ro 91ga-gil 12-8, 12 units) ▲Phase 5 (Insubong-ro 55-gil 39-17, 13 units) all units ▲Phase 1 (Insubong-ro 68-gil 37-11, 8 units) ▲Phase 2 (Samyang-ro 80-gil 65, 16 units) ▲Phase 3 (Suyu-ro 17na-gil 22, 13 units) remaining units.

All five locations have supply areas ranging from 30.13 to 49.06㎡, are five stories above ground, and feature rooftop rest areas and tenant-exclusive community rooms that can be used as meeting rooms.

They are conveniently located near the Ui-Sinseol light rail line and Subway Line 4.

Applicants must be homeless youth aged 19 to 39 residing in Seoul as of the announcement date and meet certain income criteria.

The deposit ranges from 14.4 million to 35.44 million KRW, and the monthly rent is set between 180,000 and 430,000 KRW. Monthly rent and deposit are interchangeable and can be adjusted according to one’s income level.

Those interested can check eligibility and rental conditions on the Gangbuk-gu Office website under the ‘Notices’ section by April 30, download the application form, fill it out, and apply via email (hunaya@gangbuk.go.kr).

After verifying submitted documents and reviewing criteria, tenants will be selected in order of highest scores based on a scoring table. Winners and reserve tenants will be announced on July 7. Results will be posted on the district office website and individual notifications will be sent to winners.

Winners can sign contracts from July 19 to 23 and move in between August and September. The initial contract period is two years, and tenants can reside for up to six years if they maintain eligibility.

Park Gyumsu, Mayor of Gangbuk-gu, said, “This project was prepared to ease the housing cost burden on young generations facing economic hardships and employment difficulties due to COVID-19,” adding, “We will continue to do our best to create an environment where youth can pursue their dreams.”

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