Restrictions on Apartment Development Activities in Bundang Housing Development District, Seongnam... Public Comments Accepted Until the 18th

Seongnam City Hall

Seongnam City in Gyeonggi Province has started a public notice and hearing of residents' opinions from the 4th to restrict development activity permits for apartment and townhouse complexes with commercial spaces within the Bundang Residential Development District.

The restricted activities include dividing exclusive parts of collective buildings and converting building registers, commonly known as 'splitting commercial shares' to increase the number of sales rights.

This measure aims to prevent uneconomical construction activities and speculative elements (such as increasing sales rights) in areas where redevelopment plans are being established within the Bundang Residential Development District.

The period for hearing residents' opinions and public notice is until the 18th. Afterward, following the review by the Seongnam City Urban Planning Committee, the restriction on development activity permits will be officially announced and take effect, with the restriction period lasting three years from the date of announcement.

However, even after the restriction announcement, development activity permits may be granted in exceptional cases such as emergency measures necessary for disaster recovery or disaster response.

An official from Seongnam City stated, "The restriction on development activity permits is actively promoted by the city for the public interest to facilitate smooth progress of future redevelopment projects, so we ask for your interest and cooperation."

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