Gov’t to Designate 6 New Housing Zones in Greater Seoul Area
[Economy] : The government plans to designate six new public housing zones in Gyeonggi Province, which surrounds Seoul, and build more than 76-thousand-700 homes there. According to the Ministry of Land, Infrastructure and Transport on Thursday, this initiative is part of efforts announced in August to supply ... [more...]
The government has announced plans to designate six new public housing zones in Gyeonggi Province, surrounding Seoul, to construct over 76,700 homes. This move aims to increase the housing supply as part of ongoing efforts to boost housing availability. The Ministry of Land, Infrastructure and Transport revealed the six candidate sites on Thursday, following their August plan to provide 100,000 new homes.
These proposed sites are situated in Gimpo, Guri, Hanam, Uijeongbu, and Goyang within Gyeonggi Province, all within a 5-kilometer radius of Seoul's boundaries. The locations offer convenient access to the capital city. The ministry explained that these sites are positioned in greenbelt areas where the environmental conservation value has already been reduced, making them suitable for organized development.
Land Minister Hong Jee-sun emphasized the importance of expanding housing supply in areas that are popular among young people and newlyweds. She expressed the government's commitment to providing support to expedite construction in these new housing zones.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
