LH Launches Advance Subscription Website for Public Housing in Third-Generation New Towns

Comprehensive Advance Subscription Information Now Available:
Eligibility Criteria, Status of Eligible Districts, and More
Continuous Website Updates with District- and Block-Specific Details,
Estimated Sale Prices, and Floor Plans

[Asia Economy, reporter Kangwook Cho] Korea Land and Housing Corporation (LH) announced on May 2 that it has launched a dedicated website for advance subscription (sajeoncheongyak.kr), which provides comprehensive information related to the advance subscription process starting in July this year.

On the website, users can check the status of eligible districts for advance subscription, including major locations and supply volume, as well as application qualifications and requirements regarding income and assets. To help first-time applicants easily understand the advance subscription system, the site also features FAQs and YouTube videos.

LH plans to continuously expand the information available on the website to address questions from those waiting for advance subscription. In line with the four supply schedules planned for this year, LH will sequentially provide information such as recruitment announcements for residents, estimated sale prices, district- and block-specific details, site layouts, and floor plans.

For those who have difficulty accessing the website, LH is offering advance subscription consultations through its call center (1600-1004), and in July, a dedicated advance subscription call center (1670-4007) will also be launched.

The advance subscription system is designed to accelerate (by about one to two years) the supply timeline for public housing in the third-generation new towns and other areas, thereby providing earlier homeownership opportunities for genuine end-users without homes and resolving a significant portion of the pent-up subscription demand in the greater Seoul area.

This year, the advance subscription plan covers a total of 32,000 units, with 4,400 units in July, 9,100 units in October, 4,000 units in November, and 12,700 units in December, to be supplied over four rounds.

Kim Jaekyung, head of LH’s Sales Planning Division, said, “We hope that many people preparing to buy their own homes will be able to access sufficient information through the advance subscription website and apply for the locations they desire. We will do our utmost to adhere to the planned advance subscription schedule for this year and to accelerate the process as much as possible.”

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