Park Gang-su, Mayor of Mapo-gu, Solves '9-Year Longstanding Issue'... Completion of Relocation Notice for Ahyeon 4th District Gongdeok Jaia Apartment

Completion of Relocation Notice Following Active Mediation by Mapo-gu and Seoul Regional Land Expropriation Committee Decision
Residents of Gongdeok Jaia Apartment with 1,164 Households Anticipate Property Rights Exercise, Mapo-gu to Expedite Follow-up Procedures

Despite being occupied for 9 years, the Mapo Gongdeok Ja-i Apartment, which had not been able to transfer ownership or exercise property rights, has completed the transfer notification.

Mapo-gu (Mayor Park Gang-su) announced on December 19 that the transfer notification for Gongdeok Ja-i Apartment (Ahyeon 4th District) had been completed.

This marks a significant milestone in resolving the long-standing issue for the residents of Gongdeok Ja-i Apartment, which had remained unregistered for 9 years since its completion, drawing considerable attention.

Designated as a redevelopment zone in 2006, the Ahyeon 4th District Gongdeok Ja-i Apartment completed construction and received completion approval in 2015, but due to lawsuits between the association and landowners, the transfer notification had not been issued until recently.

Because the transfer notification and registration procedures were not completed, the 1,164 households in Gongdeok Ja-i Apartment faced restrictions on financial institution loans and other matters. According to Mapo-gu’s estimate, exercising property rights worth approximately 1.56 trillion KRW as of the end of 2023 was difficult.

Accordingly, Mapo-gu judged that this could not be dismissed as merely a legal issue between the association and residents, and from February 2023, held a coexistence committee to resolve the problem, directly mediating meetings between the parties led by Mayor Park Gang-su of Mapo-gu.

In particular, residents have warmly welcomed the persuasion and negotiation efforts of Mayor Park Gang-su.

As a result, in November 2023, an agreement was reached between the association and two of the three landowners who had not agreed.

Subsequently, following the decision of the Seoul Regional Land Expropriation Committee regarding compensation, which had been difficult to reconcile with the remaining landowner in October this year, the association completed the expropriation of all land within the project area, finalizing preparations for the transfer notification.

An association official expressed gratitude, saying, “From last year’s agreement to this year’s expropriation decision and transfer notification, all these processes were possible thanks to the active and prompt administrative support of Mapo-gu.”

With the transfer notification completed, Mapo-gu plans to promptly proceed with the subsequent administrative procedure of creating the building register.

Mayor Park Gang-su of Mapo-gu said, “It is very meaningful and rewarding to finally resolve the pain and sorrow of the residents of Gongdeok Ja-i Apartment,” adding, “Mapo-gu will continue to provide interest and support until all registration procedures for Gongdeok Ja-i Apartment are completed.”

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