LH to Supply Gwangju-Jeonnam's First Newlywed Hope Town in February Next Year

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Korea Land and Housing Corporation Gwangju Jeonnam Regional Headquarters (Head Lee Jae-ro) announced on the 23rd that it plans to supply the first Newlywed Hope Town (741 public sale housing units) in the Gwangju Jeonnam area within the Gwangju Seonun 2 Public Housing District in February next year.

The location of the first Newlywed Hope Town in Gwangju Jeonnam will be in the Seonun 2 district of Gwangju, in A-1 and A-3 blocks, where 55㎡ type (24 pyeong) public sale housing units will be constructed and supplied: 492 units in A-1 and 249 units in A-3, respectively.

The supply schedule is as follows: recruitment announcement (February 2022), subscription application (March), contract signing (May), and move-in is scheduled for January 2025.

The Newlywed Hope Town applies a childcare-specialized design that expands childcare-centered communal facilities such as shared childcare spaces and indoor playgrounds, enabling residents to work and raise children without worrying about housing.

Additionally, it will be supplied as a customized housing complex for newlyweds, featuring adaptable walls that can respond flexibly to changes in household composition, and exclusive mortgage loans for Newlywed Hope Town.

Eligibility includes ▲ newlywed couples (household members without housing who have been married within 7 years or have children aged 6 or younger) ▲ prospective newlywed couples (household members without housing who plan to marry and can prove marriage within one year from the announcement date) ▲ single-parent families (father or mother with children aged 6 or younger, household members without housing), and applicants must meet criteria such as total asset holdings and income.

The Seonun 2 district, where the Newlywed Hope Town will be constructed and supplied, is a public housing district developed on approximately 398,000㎡ in Seonam-dong, Unsu-dong, and Sochon-dong, Gwangsan-gu, Gwangju Metropolitan City.

Seonun 2 district can share the mature residential infrastructure of Seonun 1 district and is located in an urban area expected to benefit from development prospects such as the KTX Songjeong Station complex development and the planned relocation of Kumho Tire’s Gwangju factory, making it a location with promising future prospects compared to the present.

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