Part of the Former Street Public Parking Lot at Hyochang Park Changed to Shared Parking... Usable via Modeului Parking App... 600 Won per Hour

Shared Parking Lot in Hyochang Park

Shared Parking Lot in Hyochang Park

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You can immediately check the parking space location and availability using your smartphone.

You can immediately check the parking space location and availability using your smartphone.

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[Asia Economy Reporter Jongil Park] Myeonghun Kim (40), who lives in Itaewon, Yongsan-gu, visited the Hyochang Park children's playground with his children last weekend. Previously, he hesitated to visit due to parking difficulties, but after seeing the shared parking lot recently added on the ‘Modu-ui Juchajang’ app, he enjoyed the outing without worry.


Kim said, “I played excitedly with my children without worrying about parking enforcement,” adding, “The cost is also low, so I am satisfied.”


Yongsan-gu (Mayor Seongchang Hyun) has newly established 28 shared parking spaces near Hyochang Park, receiving positive responses from residents.


The shared parking lot is a facility created by installing Internet of Things (IoT) sensors on the existing resident-priority parking lot surface, allowing anyone?not just specific individuals?to park. Users can check the location and availability of spaces through the smartphone ‘Modu-ui Juchajang’ app and park their vehicles after paying the fee.


The fee is 600 KRW per hour, which is about one-third to one-eighth of the typical public parking lot rates.


As part of the 2021 Creative New Deal project, the district established the ‘IoT Sensor Utilization Resident-Priority Parking Sharing Plan’ earlier this year. The former Hyochang Park roadside public parking lot (135 spaces), previously operated under private consignment, was converted into resident-priority parking zones (107 spaces) and shared parking lots (28 spaces).


Last month, the allocation of resident-priority parking zones and installation of IoT sensors in the shared parking lot were completed.


A district official said, “In 2019, we also created and operated 20 IoT-based shared parking spaces,” adding, “We will continue to crack down on illegal parking to ensure no inconvenience in using the facilities.”


As of March, there are 3,578 resident-priority parking spaces in the area, with 5,182 people on the waiting list. The district plans to address the accumulated demand through various methods beyond the shared parking project.


In Haebangchon (Yongsan 2-ga-dong), where the parking space acquisition rate is low, construction of a multi-story public parking lot (Yongsan 2-ga-dong 47-2) is underway. It will have one basement floor and five above-ground floors, with a total floor area of 997.75㎡ and 54 parking spaces. Completion is scheduled for the end of this year.


In Seobinggo-dong, a resident-priority parking lot (12 spaces) is being created using a small plot of land (Seobinggo-dong 52-3 area). An agreement with the landowner was signed last month, and operation of the parking lot will begin at the end of this month.



Seongchang Hyun, Mayor of Yongsan-gu, said, “We are considering various methods to secure parking spaces,” adding, “We will continue to expand the resident-priority parking sharing project, which has a lower cost burden.”


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

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