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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 2 sources · 14 days · First seen · Last updated
Seoul urban housing redevelopment initiatives
Overview
Seoul is advancing multiple urban housing redevelopment projects across different districts to modernize aging neighborhoods and increase housing supply.
In Eunpyeong-gu, authorities approved amendments for the Susaek-8 redevelopment zone to increase the number of buildings and units to 620, including small-size apartments for elderly residents. Additionally, a large-scale plan for the Bulkwang-2 area was finalized to replace low-rise housing with a high-rise complex of approximately 3,100 units.
In Jungnang-gu, the Seoul Metropolitan Government approved two major projects near Sagajeong Station. The Moa Town management plan for Myeonmok 3 and 8-dong will integrate five small-scale zones into a 2,334-unit complex. Furthermore, a public housing project in Myeonmok 7-dong was approved to develop a 1,300-unit complex, with construction expected to begin in 2029.
Entities
Seoul Metropolitan Government · Kim Chang‑kyu · Ryu Gyeong-gi · Jungnang-gu · Eunpyeong District Office
Timeline
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about 1 month ago
[BUSINESS] 2 sourcesJungnang-gu secures approval for major urban housing redevelopment projectsJungnang-gu has secured Seoul's approval for major redevelopment projects near Sagajeong Station, including a 2,334-unit Moa Town complex and a 1,300-unit public housing project.
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about 1 month ago
[BUSINESS] 2 sourcesSeoul's Eunpyeong-gu expands housing redevelopment projectsSeoul's Eunpyeong-gu approved expansion of the Susaek‑8 housing zone to 620 units and fast‑tracked a Bulkwang‑2 redevelopment into a 3,100‑unit high‑rise, aiming to start construction in late 2024 and modernise
Sources
biz.heraldcorp.com · news.heraldcorp.com