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2 clusters · 4 sources · 27 days · First seen · Last updated
Bundang New Town reconstruction in Seongnam City
Overview
Seongnam City has initiated the selection process for the second phase of special maintenance zone designations in Bundang New Town. The initial evaluation phase saw high demand, with 60,037 households applying for a target of 12,000. Notable adjustments to specific zone plans included increasing building heights and parking availability to improve residential quality.
To address intense competition and administrative burdens, the city expanded its scope, announcing plans to select approximately 25,000 households for reconstruction. This includes 10,000 households for 2027 and 15,000 households to be managed as ‘preliminary special maintenance zones’ between 2028 and 2030.
A new ‘preliminary special maintenance zone’ system was introduced to provide residents with greater stability and predictability. Under this system, resident representative groups or preliminary project implementers can submit proposals if they secure consent from more than half of the land and building owners. The city expects to finalize the designation and timing for these 25,000 households by September 2027.
Entities
Timeline
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[BUSINESS] 4 sourcesSeongnam City to select 25,000 households for Bundang reconstruction
Seongnam City plans to select 25,000 households for Bundang reconstruction, introducing a new preliminary special maintenance zone system to increase predictability for residents.
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[BUSINESS] 3 sourcesSeongnam City begins Bundang reconstruction selection process
Seongnam City has begun evaluating applications for Bundang New Town's second phase of special maintenance zones, with 60,037 households applying for a target of 12,000.
Sources
housingherald.co.kr · kgnews.co.kr · kyeonggi.com · womannews.net