Hong Nam-ki "Pre-sale housing units, additional 62,000+α secured"

Taereung, Public Notice and Resident Opinion Collection for 2 Weeks Starting Today

[Image source=Yonhap News]

[Asia Economy Reporter Jang Sehee] Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, announced on the 25th that "we plan to secure additional pre-sale housing units significantly exceeding the 62,000 units initially planned."

At the real estate market inspection meeting held at the Government Seoul Office Building on the same day, Deputy Prime Minister Hong stated, "We will especially establish institutional foundations such as providing incentives to private construction companies."

He added, "Regarding the selection of sites for the remaining 130,000 units of undeveloped government land under the 2·4 Plan's new housing supply, we have secured additional units," and "the Ministry of Land, Infrastructure and Transport plans to make an additional announcement early next week to ensure supply exceeds that amount."

Regarding the Taereung site, Deputy Prime Minister Hong said, "We will develop it at a lower density than originally planned, and secure alternative sites for the shortfall," adding, "Starting today, we will promptly proceed with district designation through a two-week period of public inspection, collection of residents' opinions, and environmental impact assessments."

Concerning the Gwacheon site, he added, "We have identified a total supply of 43,000 units, including 3,000 units utilizing existing planned development sites and 13,000 units on new sites."

Meanwhile, the Nugu Najib project plans to accelerate its realization by holding a private business operator contest in September and selecting a preferred negotiation partner in November.

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