Gyeonggi-do Supports Maintenance for 176 Small-Scale Apartment Complexes

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province will carry out a maintenance support project this year targeting 176 aging small-scale apartment complexes.

Since 2019, Gyeonggi Province has been conducting related projects, and upon completion of this year's project, it will have supported maintenance for a total of 982 complexes. This amount is 1.6 times more than the originally planned target of 622 complexes in 2019.

According to the province on the 4th, small-scale apartment complexes with fewer than 300 households are not subject to mandatory management under the Apartment Management Act and do not have management entities such as management offices. Additionally, it is difficult to accumulate long-term repair reserves or maintenance funds, making maintenance challenging due to housing aging.

Accordingly, the province launched the "Small-scale Apartment Maintenance Support Project" in 2019. Over four years from 2019 to 2022, 17.9 billion KRW was invested to support repair work for common facilities in a total of 622 complexes. By the third year of the project, last year, 12.6 billion KRW was provided to 806 complexes.

This year, based on a preliminary demand survey conducted last year, 5.3 billion KRW will be invested in repair work for 176 complexes located in 24 cities and counties.

Go Yong-su, head of the Apartment Division of the province, emphasized, "Small-scale apartment complexes are more vulnerable to maintenance issues related to housing aging compared to complexes subject to mandatory management. We will continue to strive to improve poor residential environments and enhance residents' convenience and housing stability in response to the high expectations of the residents."

Meanwhile, from April to November last year, the province conducted a satisfaction survey targeting residents of 269 apartment complexes where the support project had ended. As a result, among 1,366 respondents, 89.6% (1,224 people) answered that they were 'satisfied' with the project, indicating a high level of approval for the policy.

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