[8 · 2 real estate measures] New green public land supply in Seoul

130,000 public lease and public support 50,000 additional public rental housing construction including 
‘Honeymoon Hope Town’

(Seoul-Yonhap News) Kim, Yeon-jung, reporter = 8.2 The real estate measures included not only demand-side regulation to suppress speculation, but also supply-side measures to increase the number of houses.

The Ministry of Land, Transport and Maritime announced that it would develop a new public housing district in the traffic point of the metropolitan area to expand the supply of housing for ordinary people. In order to do this, the government decided to actively review measures to release the greenbelt.

However, the Ministry of Land, Infrastructure and Transport added,

In the meantime, the Ministry of Land has said that the main reason for the rise of house prices is due to speculative demand such as multi –

Therefore, the inclusion of a new land supply policy in this measure is an analysis of whether the policy direction has changed somewhat. The Ministry of Land stressed that the current housing supply is not insufficient.

In the case of private residential areas in the Seoul metropolitan area, licenses for 2015 and 2016 are 270,000 and 240,000, respectively.

The Ministry of Land, Infrastructure and Transport will continue to promote measures to promote small-scale maintenance projects such as street house maintenance projects so that housing can be supplied smoothly to urban areas in the future.

An official from the Ministry of Land, said, “The amount of housing in the metropolitan area is well above the recent 10-year average (195,000) and housing demand (216,000), including 290,000 this year and 310,000 next year. “He said.

In addition, the Ministry of Land, Transport and Maritime Affairs (MOE) proposed a concrete road map to implement the Presidential pledge to supply public rental housing of 170,000 public housing units, including 130,000 public rental units and 40,000 public support housing units annually.

Public leasing is rental housing owned and managed by the government or municipalities, and public support housing refers to landlord rental housing or corporate rental housing.

In order to supply about 70,000 public housing rental homes to be newly constructed, the company plans to approve more than 70,000 projects each year.

60,000, or 100,000, of the 170,000 public lease that is supplied annually will be supplied to the metropolitan area.

The Ministry of Land, Infrastructure and Transport is planning to develop greenbelt for the smooth supply of public rental housing or actively promote the development of aged public office buildings.

In addition, plans will be made to supply additional 50,000 homes a year for 10,000 new homes in the newly-built public housing for newlyweds.

This is a separate addition to the planned amount of public housing for 200,000 homes, which is 40,000 new homes a year.

It will be promoted first in Gwacheon Knowledge Information Town, Juam, Gyeonggi New Town and Hwasung Dongtan 2, which have good location.

Honeymoon Hope Town is composed of various types such as public sale and lease conversion rental in 10 years, and it is supplied with a private area of ​​40 ~ 60m² that honeymoon couples can bear.

It will be supplied first to low-income newlyweds below the average income level, but to the low-income general subscriber if the remaining amount is generated.

The financial industry is planning to launch housing fund loan products that offer interest rates in connection with honeymoon hope towns.

The Ministry of Land, Infrastructure and Transport will announce details on the expansion of housing supply through the ‘Housing Welfare Roadmap’ announced next month.

Copyright (c) Yonhap News, All rights reserved – Redistribution prohibited> 2017/08/02 13:30 Song