by Han Jinjoo
Published 19 Feb.2024 06:00(KST)
Updated 19 Feb.2024 14:57(KST)
Seoul City has selected 5 out of 8 locations that applied for the 2nd round of Moa Town designation this year as target sites. Areas with conflicts among residents due to disagreements over the project or where other project methods are more suitable were excluded from the selection.
On the 19th, Seoul City announced that it held the 2nd Moa Town Target Site Selection Committee and selected five locations as target sites: Sangdo-dong in Dongjak-gu; Junghwa 2-dong and Myeonmok 2-dong in Jungnang-gu; and two locations in Yangjae 2-dong, Seocho-gu. Considering resident conflicts, project feasibility, and local conditions, Bomun-dong 6-ga in Seongbuk-gu was not selected, and Hawolgok-dong in Seongbuk-gu and Suyu-dong in Gangbuk-gu were put on hold.
The selected Moa Town project sites consist of old multi-family and multi-household residences and semi-basement houses, requiring improvements in the residential environment.
The area around 279 Sangdo-dong, Dongjak-gu (49,155㎡) is an aging low-rise residential area located on hilly terrain adjacent to Guksabong. Large-scale redevelopment has been difficult, and many multi-family houses do not meet redevelopment requirements, so maintenance has not been carried out. Considering that about 60% of residents agree with the Moa Town initiative, it was selected as a target site.
The area around 299-8 Junghwa 2-dong, Jungnang-gu (75,254㎡) is a zone where the Junghwa Redevelopment Promotion District was lifted. The building aging rate is 86%, and the proportion of semi-basement houses exceeds 75%, resulting in a very poor residential environment. The resident consent rate for project promotion is high (34-67%). The city imposed conditions to review the consistency of district boundaries and establish a management plan considering the project promotion plan.
The area around 139-52 Myeonmok 2-dong, Jungnang-gu (70,868㎡) is located within the Urban Regeneration Activation Zone, with an aging rate of about 79% and a semi-basement house ratio of 66%. The area suffers from narrow roads and chronic parking difficulties. Considering the high resident consent rate of about 50% for project promotion, it was selected as a target site. Conditions were imposed to reflect public contributions linked to the fashion (sewing) specific development promotion district plan and relocation measures for sewing industry workers when establishing future management plans.
The areas around 374 (61,289㎡) and 382 (68,804㎡) Yangjae 2-dong, Seocho-gu were conditionally put on hold at last year's 2nd target site selection committee. Since the reasons for the hold were resolved, and considering the reorganization of the road system in the Moa Town area, improvements in infrastructure, and a high resident consent rate of 60-70%, they were selected as target sites. A condition was imposed to widen the access road connecting to Nonhyeon-ro in the future.
The city will allocate the budget for establishing Moa Town management plans to the autonomous districts for the five selected sites. Once the management plans are completed, the areas will be designated as Moa Towns, and individual Moa House projects (small-scale housing maintenance projects) will be implemented. To block speculative demand such as share splitting, the city will announce June 22 as the rights assessment reference date for six sites that applied for the project. The rights assessment reference date for the Yangjae 2-dong area in Seocho-gu was already designated as August 2 last year.
The area around 400 Bomun-dong 6-ga, Seongbuk-gu, was excluded from the selection because about 30% of residents opposed the Moa Town designation within the district. A comprehensive review was deemed necessary regarding the need for Moa Town promotion and securing access roads, among other district suitability factors.
The area around 40-107 Hawolgok-dong, Seongbuk-gu, was previously targeted for housing redevelopment. Although the building aging rate is about 71% and the semi-basement house ratio is also high at 56%, redevelopment is necessary. However, considering its location in a prime station area, the project was put on hold to reconsider other project methods such as station area revitalization.
The area around 392-9 Suyu-dong, Gangbuk-gu, has a very poor residential environment with high building aging and semi-basement house ratios. However, considering the road conditions, surrounding terrain, and height differences, integrated maintenance is necessary, so the possibility of redevelopment will be re-examined, and the project was put on hold.
The city excluded two project sites that intended to switch to other projects from the existing Moa Town target sites. The area around 247-48 Dorim-dong, Yeongdeungpo-gu (92,057㎡), selected as a Moa Town in the second half of 2022, was excluded following the autonomous district's opinion reflecting local residents' preference for other projects such as station area long-term rental housing.
The area around 122-3 Sindang-dong, Jung-gu (63,085㎡), was in the process of establishing a management plan as three nearby areas were selected as Moa Town target sites. However, one area's residents preferred other projects such as station area long-term rental housing, so it was excluded.
The city plans to exclude areas from the target sites if residents do not wish for Moa Houses or Moa Towns, after collecting opinions from autonomous districts and deliberations by the selection committee.
Han Byung-yong, Director of Seoul City's Housing Policy Office, said, "This year marks the third year since the Moa House and Moa Town projects began, making it an important time to solidify project promotion. We will do our best to support areas where residents want the projects and where project feasibility is high. However, we will not proceed with Moa Town designation in places where there is resident opposition or conflicts, or where abnormal real estate transaction trends are detected."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.