Deposit 1 Million Won · Monthly Rent 90,000~180,000 Won ... Gyeongnam Province Recruiting Tenants for 'Geobukijip 4'

Private Participation Youth Housing Applications Open May 2-6

Equipped with Air Conditioner, Refrigerator, Washing Machine, Wardrobe, Up to 6 Years

Private Participation Type Youth Housing Turtle House No. 4 Promotion System Diagram.

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] Gyeongsangnam-do will recruit tenants for the 4th Turtle House, a private-participation youth housing located in Sapa-dong, Seongsan-gu, Changwon City, from May 2 to 6.

The private-participation youth housing Turtle House is a youth rental housing that reduces the housing cost burden for young people and ensures housing stability by reconstructing existing privately owned multi-family houses and supplying them at 50% lower than the surrounding market price.

Considering the housing characteristics of young people who find it difficult to prepare household items due to frequent moves, essential household appliances such as air conditioners, refrigerators, washing machines, and wardrobes are provided.

There is also a shared space for communication and exchange among resident youth, and for youth who value privacy and safety, digital door locks on the front door, unmanned parcel boxes, and closed-circuit TVs (CCTV) are installed.

Gyeongsangnam-do, Changwon City, Samjeong Enterprise, and Gyeongnam Development Corporation signed a business agreement for a private participation-type youth housing project in May last year.

Gyeongnam Province signed a business agreement with Changwon City, Samjeong Enterprise, and Gyeongnam Development Corporation in May last year to supply the 4th Turtle House and selected the target housing.

Gyeongsangnam-do and Changwon City each invested 50 million won in the budget, and Samjeong Enterprise donated 100 million won, promoting the project with a total of 200 million won.

The scale of tenant recruitment for the 4th Turtle House to be supplied this time is a total of 6 households, with 5 single-room studios and 1 two-room unit.

Specific locations, floor areas, and rents can be confirmed through the tenant recruitment announcement posted on the websites of Gyeongsangnam-do, Changwon City, and Gyeongnam Development Corporation.

Eligibility for tenancy is women aged 19 to 39 residing in Gyeongsangnam-do as of the tenant recruitment announcement date, with a monthly income per person of 3,212,113 won or less, corresponding to 100% of the previous year's average monthly urban worker income.

Tenant selection will be decided in order of youth groups such as workers and self-employed, followed by university students and job seekers.

The rental deposit is 1 million won, which is 50% or less of the surrounding market price, and the monthly rent ranges from about 90,000 to 180,000 won depending on the area of each unit. The basic lease period is 2 years, with the possibility of two extensions, allowing a maximum stay of 6 years.

Those who wish to move in can apply by visiting the Housing Welfare Regeneration Team of Gyeongnam Development Corporation with the required documents or by mail.

The application period is from May 2 to 6, and after the tenant selection results are announced on May 13, move-in is possible around the end of May.

For more details, check the announcements posted on the websites of Gyeongsangnam-do, Gyeongnam Development Corporation, or Changwon City, or contact the Housing Welfare Regeneration Team of Gyeongnam Development Corporation for guidance.

Heo Dongsik, Director of the Urban Transportation Bureau, said, “We will strive to expand the supply of various youth housing and housing support services so that young people, the core generation of the future, can focus on their studies and livelihoods while residing in Gyeongnam.”

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