Umi Construction announced on the 28th that it has been selected as the preferred negotiator in the private business operator competition for the Korea Land and Housing Corporation (LH) public-supported private rental housing at Cheongju Jibuk A1 and A3 blocks.


Publicly Supported Private Rental Housing in Jibuk, Cheongju, Chungbuk, contracted by Umi Construction. [Photo by Umi Construction]

Publicly Supported Private Rental Housing in Jibuk, Cheongju, Chungbuk, contracted by Umi Construction. [Photo by Umi Construction]

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The Cheongju Jibuk A1 and A3 block public-supported private rental housing is located in Jibuk-dong, Sangdang-gu, Cheongju-si, Chungcheongbuk-do. It consists of 4 buildings with 540 households in the A1 block and 5 buildings with 661 households in the A3 block, ranging from basement level 2 to ground level 25, with housing types of 59 to 84㎡ exclusive area, totaling 1,201 households.


Public-supported private rental housing is a project aimed at stabilizing housing for low-income residents, characterized by stable housing availability for 10 years. Anyone aged 19 or older with Korean nationality who is a non-homeowner or a member of a non-homeowner household can apply without restrictions such as winning limits or subscription savings accounts.


The Cheongju Jibuk A1 and A3 block public-supported private rental housing is designed as a single large complex, reflecting customized unit floor plans that provide specialized storage and flexible spaces, and plans to install a 100% underground parking lot (excluding some commercial parking lots). Additionally, community facilities will be managed and operated through an integrated program service.


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A representative from Umi Construction stated, “Umi Construction is the construction company with the largest track record of LH public-supported private rental housing,” and added, “We will strive for nationwide housing stability through various housing supply methods, including public-supported private rental housing.”


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