Gangbuk-gu, Recruitment of Remaining Tenants for Newlywed Purchase Rental Housing Units

11 Remaining Units Available... For Newlyweds, Prospective Newlyweds, and Single-Parent Families
Occupancy Period 2 Years, Up to 20 Years Possible
Applications Accepted Until the 17th... Winners Announced on September 23

Gangbuk-gu, Seoul (Mayor Lee Soon-hee) is recruiting tenants for the remaining units of newlywed purchase rental housing until the 17th.

The newlywed purchase rental housing project is conducted in cooperation with Seoul Housing and Communities Corporation to promote housing stability for homeless and low-income (prospective) newlywed couples and to reduce the burden of jeonse deposits.

The number of remaining units available this time is a total of 11 units: ▲Samyang-ro 123-gil 39-1 (2 units) ▲Insu-bong-ro 72-gil 15-18 (7 units) ▲Samyang-ro 123-gil 40-12 (2 units), with a rental period of 2 years. If the tenant meets the qualifications and income requirements, they can reside for up to 20 years.

Eligibility requires being a member of a homeless household residing in Seoul as of June 3, 2024 (announcement date), and meeting one of the following conditions as of the announcement date: newlywed couple (within 7 years of marriage), prospective newlywed couple (a person planning to marry and registering the marriage before the move-in date), or single-parent family (with a child under 6 years old). Additionally, the income condition must be met, which is 100% or less of the previous year's average monthly income of urban workers per household (5,957,283 KRW for 2-person households, 7,198,649 KRW for 3-person households).

The exclusive area of the units ranges from 41.07 to 47.47㎡. The rental deposit ranges from 32.02 million to 39.69 million KRW, and the monthly rent is approximately 418,500 to 517,000 KRW.

If the household meets all asset criteria, including monthly average income below 50%, total asset value below 241 million KRW, and vehicle value below 37.08 million KRW, the rental deposit and monthly rent will be lower.

The district plans to recruit tenants for the remaining units until the 17th, then conduct income and asset investigations and document verification procedures, and announce the winners and reserves on September 23. Unit assignments will be made after September 30, and contracts and move-ins will be possible from October 2024.

The district plans to prioritize Gangbuk-gu residents as the first priority tenants, and if there are remaining units, Seoul citizens outside Gangbuk-gu will be selected as second priority tenants. For detailed information such as required documents, eligibility, and income criteria, please check the Gangbuk-gu website or contact the Gangbuk-gu Welfare Division for guidance.

Lee Soon-hee, Mayor of Gangbuk-gu, said, “I hope the purchase rental housing project will help ease the housing burden for newlywed couples and others even a little,” and added, “We will continue to do our best to create a residential environment that is good for newlywed couples to live in.”

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