3800 Publicly Supported Private Rental Housing Units to Be Built in Pogok, Yongin
Yongin City, Maseong and Yeongmun-ri 450,738㎡
A public-supported private rental housing complex with 3,800 households will be built in Pogok-eup, Cheoin-gu, Yongin-si, Gyeonggi-do.
According to Yongin City on the 31st, the Ministry of Land, Infrastructure and Transport recently designated and announced 456,738㎡ in the Masung and Yeongmun-ri areas of Pogok-eup, Cheoin-gu as the "Yongin Pogok Public-Supported Private Rental Housing Supply Promotion District."
Location map of Yongin Pogok Public Support Private Rental Housing District. [Image source=Yongin City]
View original imagePublic-supported private rental housing refers to rental housing built by the private sector for the purpose of leasing for more than 10 years with public support under the Special Act on Private Rental Housing. Since it receives public support, there are restrictions on rent increases and tenant selection.
With the district designation, 3,800 households of housing, sales and office facilities, and infrastructure will be developed here. The project implementer, Korea Land and Housing Corporation (LH), plans to complete the project by 2030 after district plan approval, land compensation, and construction starting in 2026.
The district is located east of Masung IC on the Yeongdong Expressway. Everland is situated to the north, and the Everland Station of the Everline light rail is also nearby.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Details related to the land specifications for the district designation can be viewed at the Housing Policy Division of Yongin City Hall or the Regional Development Team of LH Southern Gyeonggi Regional Headquarters.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.