110 Households Youth Housing to Be Built Near Sindebangsamgeori Station

[Asia Economy Reporter Onyu Lim] A transit-oriented youth housing complex with 110 households will be built near Sindebangsamgeori Station on Subway Line 7.

Seoul City announced on the 7th that the district unit planning zone and plan decision for the transit-oriented youth housing project on 815.8㎡ at 403-14 Daebang-dong, Dongjak-gu have been approved.

This plan was reviewed and approved with modifications at the 3rd Transit-Oriented Youth Housing Subcommittee of the Seoul City Urban and Architectural Joint Committee held the previous day.

Once the district unit plan is officially announced, the youth housing project with 110 households will be feasible. After going through procedures such as construction permits from the district office, tenant recruitment is expected to begin in September 2023, with move-in around December.

Transit-oriented youth housing is a Seoul City project that provides rental housing near subway stations at prices lower than the surrounding market rates for young people aged 19 to 39.

A Seoul City official said, "Various community facilities for youth-related convenience and communication are also being planned, and it is expected to contribute to revitalizing youth activities in this area."

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