LH to Supply 90,000 Sale and Rental Houses in Second Half of Year... 55% of Sale Units in Seoul Metropolitan Area

Subscription Conditions and Eligibility Differ in Detail
Check in Advance on LH Website and Call Center

Overview of the housing complex (Anseong Ayang B-1BL) supplied by LH in 2021 ＜Photo by LH＞

Korea Land and Housing Corporation (LH) announced on the 19th that it will supply 87,000 units of sale and rental housing in the second half of this year to support homeownership for non-homeowners with actual demand and housing stability for vulnerable groups. Of these, 20,000 units are for sale and 67,000 units are rental housing.

First, for sale housing includes ▲15,818 units of public sale ▲4,035 units of Newlywed Hope Town ▲343 units of public rental (sale conversion), with more than 55% of the total supply, 11,124 units, allocated to the metropolitan area including Gyeonggi and Incheon where housing demand is high. The remaining 9,072 units will be sequentially supplied to metropolitan cities and other regions.

Among the complexes scheduled for sale in the second half, the notable ones are Goyang Janghang A-2 Block and Yangju Okjeong A4-1 Block.

Goyang Janghang A-2 Block is equipped with a wide transportation network including Jayuro, the Metropolitan Area 1st Ring Expressway, and KINTEX, and is close to KINTEX Station on the GTX-A line currently under construction, which is expected to significantly improve accessibility to the southeastern metropolitan area. Additionally, it is adjacent to Ilsan New Town and Gimpo Hangang City, providing excellent living infrastructure.

Yangju Okjeong A4-1 Block (post-sale) offers easy access to Sejong-Pocheon Expressway and the planned Metropolitan Area 2nd Ring Expressway via Okjeong IC, and nearby stations include Okjeong Station on Line 7, Hoejeong Station on Line 1, and the GTX-C line. It is characterized by the ability to enjoy both urban life and natural environment with features such as Hoeamcheon Stream, Okjeong Central Park, and Cheonbosan Mountain.

Rental housing includes ▲24,880 units of construction rental housing such as national, permanent, and happy housing ▲22,641 units of purchased rental housing ▲19,210 units of jeonse rental housing. By region, 41,910 units will be supplied to the metropolitan area including Seoul, Gyeonggi, and Incheon where demand is highest, and 24,821 units to metropolitan cities and other regions.

For vulnerable groups such as livelihood and medical benefit recipients, 1,689 units of permanent rental housing will be supplied; for those in the lower 40% income bracket, 3,757 units of national rental housing; and for young people including university students, youth, and newlyweds, 19,434 units of happy housing will be provided, offering tailored housing supply according to demand.

Detailed information regarding applications can be found in the announcements posted on the LH Application Center or by contacting the LH Call Center.

In particular, since eligibility for sale and rental housing applications varies depending on various conditions such as housing type, supply area, and whether it is a regulated area, it is recommended to check the detailed application conditions of the desired complex in advance through the announcement.

Meanwhile, LH plans to establish four new 'Visiting My Home Centers' this year in Beondong 3 in Seoul, Sanbon Jumong 1 in Gyeonggi, Mora 3 in Busan, and Gajwa 1 Complex in Jinju, Gyeongnam, to support housing stability for vulnerable groups and promote community projects. The 'Visiting My Home Center' system places housing welfare specialists within permanent rental housing complexes to improve consultation convenience for vulnerable groups such as benefit recipients and the disabled and to carry out community activation projects.

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