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Anticipated Positive Impact on Vacant House Renovation Projects

Jeonnam Hampyeong County Office building exterior.

Jeonnam Hampyeong County Office building exterior.

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Hampyeong County in South Jeolla Province announced on the 21st that it will reduce demolition fees for all buildings in the region to alleviate the financial burden on residents.


On the 20th, Hampyeong County signed a business agreement with local architects to reduce building demolition fees. Since August 4, 2022, the Building Management Act has mandated the submission of a demolition plan reviewed and stamped by an architect or engineer prior to building demolition, resulting in costs for preparing (reviewing and stamping) the demolition plan ranging from at least 1 million to 2.5 million KRW.


To ease the financial burden on residents, the county and architects agreed during the signing ceremony to reduce demolition fees for buildings within the region. The agreement designates all buildings in the area (including those requiring permits, those requiring notification, and other facilities) as eligible for reduced demolition plan fees as stipulated by the Building Management Act. The reduction rate is 20% of the existing demolition plan fee.


This fee reduction benefit is believed to be the only case of its kind nationwide. It is also expected to have a positive impact on the renovation of unsightly buildings (including vacant houses) in rural and fishing villages, which has become a national social issue.


A representative of Hampyeong County architects said, "We are glad to be able to offer some help in the difficult reality of population decline and aging," and added, "We will continue to contribute to the local community so that many residents can benefit."


County Governor Lee Sangik stated, "Providing fee reduction benefits in the architectural field, where expert assistance is essential, will be of great help to residents," and added, "Thank you for your willingness to contribute to the local community. Hampyeong County will also do its best to provide even better architectural administrative services."





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

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