Oh Se-hoon Appoints Kim Heon-dong as SH Corporation President This Week

[Asia Economy Reporter Kim Min-young] The Seoul Metropolitan Government is expected to appoint Kim Heon-dong as the new president of Seoul Housing and Communities Corporation (SH) within this week.

According to the Seoul Metropolitan Government on the 14th, the city is reportedly undergoing internal procedures to appoint candidate Kim Heon-dong as the new SH president.

On the previous day, Kim posted on his SNS, "The Roh Moo-hyun administration, which I had high hopes for, made me a civic activist," and "The Moon Jae-in administration, which I did not expect much from, made me a public official."

Kim previously worked at Ssangyong Construction and has been active in the Citizens' Coalition for Economic Justice (CCEJ) since 2000, serving as head of the Apartment Price Bubble Removal Movement Headquarters and head of the Real Estate Construction Reform Headquarters.

Kim has reiterated his commitment to supplying half-price apartments. He mentioned, "For half-price apartment sale prices, I am thinking of 300 million to 500 million KRW for an apartment around 30 pyeong (approximately 99 square meters), including in Gangnam, Seoul," citing the supply of half-price apartments as his first task after taking office.

The Seoul City Council's Special Committee on Personnel Hearings judged on the 10th that Kim was unqualified due to a lack of expertise and other reasons. However, since Mayor Oh Se-hoon has expressed support for Kim, it is expected that the appointment will proceed as planned. The Seoul mayor can appoint the SH president regardless of the hearing results.

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