[REVISION HISTORY]

Seoul housing supply vs tax and Yongsan Park dispute

Updated 14 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-26 05:52 UTC → 2026-08-26 09:36 UTC · added ~~removed~~

The dispute over housing supply and land use in Seoul has intensified, specifically regarding the utilization of Yongsan Park. While Mayor Oh Se-hoon has consistently argued that the park must remain a protected green axis connecting Namsan to the Han River, the central government has proposed using specific portions of the 910,000-pyeong site for public rental housing. Minister of Land, Infrastructure and Transport Kim Yun-deok has suggested targeting areas with degraded green functions or soil ~~contamination—such as the Yongsan Children’s Garden, former military housing, and the Defense Acquisition Program Administration site—to~~ contamination to provide homes for young people and newlyweds. ~~The Ministry maintains that using such land for housing is more cost-effective for soil remediation than converting it into parkland.~~ Recent developments show growing public ~~resistance to these plans. A~~ resistance, with a survey indicating 63.9% of ~~1,000~~ Seoul residents ~~indicated that 63.9%~~ oppose the development, with 46.7% expressing strong opposition. Critics argue the policy is short-sighted and question its effectiveness given the long timelines required for military base handovers and soil decontamination. Further controversy involves the potential impact on the National Museum of Korea, where critics contend high-rise apartments would obstruct the museum’s ‘borrowed scenery’ (chagyeong) concept. development. Negotiations between the central government and the Seoul Metropolitan Government remain deadlocked. During recent meetings, the two parties revealed a ~~third meeting~~ significant divide: the Ministry maintains its stance on ~~August 26, Minister Kim and~~ utilizing non-core areas of the park, while Mayor Oh ~~failed~~ strongly opposes any development to ~~reach an agreement regarding the use of Yongsan Park.~~ preserve historical and ecological value. As an a formal alternative, ~~the city~~ Mayor Oh has proposed ~~utilizing~~ the redevelopment of the Tancheon Water Reclamation Center in Gangnam. This plan aims to create a ~~residential and high-tech industrial complex capable of supplying~~ ‘Southeast Youth Specialized Industrial Complex’ that integrates Physical AI R&D facilities with housing, potentially providing up to 13,000 ~~housing~~ units. ~~Minister Kim stated the Ministry would review the feasibility~~ The project could be funded by selling approximately 5.5 trillion won worth of ~~the Tancheon site. Political opposition~~ Seoul-owned land. The Ministry has ~~also intensified within the Seoul Metropolitan Council.~~ agreed to review this proposal. Additionally, both parties reached a broad consensus on improving redevelopment efficiency by potentially increasing legal floor area ratios by up to 1.2 times. The Ministry confirmed that Yongsan Park is not included in its planned 73,000-unit expansion, which is expected to focus on Gyeonggi Province.

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