A bird's-eye view of the Youth Rural Settlement being developed in Sabal-myeon, Sangju-si, Gyeongbuk.

A bird's-eye view of the Youth Rural Settlement being developed in Sabal-myeon, Sangju-si, Gyeongbuk.

View original image

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] Sangju City, Gyeongbuk Province, is recruiting additional tenants for the ‘Youth Rural Settlement Rental Housing’ to lead the stable return of young people to farming and rural areas and support rural settlement until the 14th of next month.


On the 28th, Sangju City announced that it plans to complete the project by May this year in Eomam-ri, Sabalguk-myeon, with a total project cost of 8 billion KRW, creating 8 family-type units, 8 shared units, 12 studio-type units, and one resident communal facility.


The second round of tenant recruitment includes a total of 12 units: 1 family-type, 7 shared, and 4 studio-type units, which are leftover units due to contract cancellations from the first round held last December.


The eligibility for tenancy includes those returning to farming or rural areas or young household heads aged 39 or younger. The detailed requirements by housing type are: △ Family-type ? households with minor children or newlyweds, △ Shared-type ? youth teams of two or more, or families of three or more, or newlyweds, △ Studio-type ? newlyweds or single young household heads.


The contract period is initially 2 years with two renewals, allowing a maximum stay of 6 years, but extensions are possible until the graduation year if the tenant’s child is enrolled at Sabal Elementary School.


The Sangju Youth Rural Settlement Rental Housing is located within the Gyeongbuk Smart Farm Innovation Valley complex and includes a ‘Resident Communal Facility’ with amenities such as a book caf?, communal childcare room, residents’ lounge, and shared kitchen.



Mayor Kang Young-seok of Sangju said, “The Youth Rural Settlement Project is expected to resolve housing instability and serve as an opportunity for urban youth to return to rural areas. We will do our best to make Sangju a city where young people want to stay.”


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing