Cash Contribution Reflected in Redevelopment Plan for Prime Gumaeul 3rd District in Daechi-dong, Gangnam

Located Near Samseong Station on Subway Line 2 and Hyundai Department Store
Scheduled for Completion in July This Year... 282 Units to Be Supplied

Location map of Gumaeul 3rd District, Daechi-dong, Gangnam-gu, Seoul. Seoul City

Cash contributions will be reflected in the redevelopment plan for the Gumaeul 3rd District in Daechi-dong, Gangnam-gu, Seoul.

The Seoul Metropolitan Government announced on the 22nd that it held the 8th Urban Planning Committee meeting and approved, as originally proposed, the "Amendment to the Housing Reconstruction Redevelopment Plan for Gumaeul 3rd District, Daechi-dong, Gangnam-gu," covering 964 Daechi-dong, Gangnam-gu.

With this amendment, a cash contribution worth approximately 2 billion KRW will be included in the redevelopment plan. It has been reported that this cash contribution was reflected because the association did not conduct the drawing for unit allocation simultaneously with the public rental housing, which is a condition for project implementation approval. To prevent discrimination, such as constructing public rental housing in separate buildings, the city requires that the drawing for unit allocation for association members, general sales, and public rental housing be conducted at the same time.

Through the reconstruction, "The H Daechi Edelroi" will be established in Gumaeul 3rd District, with completion scheduled for July this year. The redevelopment area covers 14,833.7 square meters, with a building scale of up to 249.95% floor area ratio and a maximum height of 16 stories (57 meters). A total of 282 units, including 37 public rental units, will be supplied.

Gumaeul 3rd District in Daechi-dong is located near Samseong Station on Seoul Subway Line 2, with COEX, Hyundai Department Store, Whimoon High School, and the Daechi-dong private education district also nearby.

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