US EditionGov't to Provide 60,000 Additional Housing Units in Seoul: Finance Chief
The government targets youth and newlyweds with 60,000 new housing units in Seoul to stabilize prices and improve poor housing conditions, officials said.
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4 Articles
Gov't to provide 60,000 additional housing units in Seoul: finance chief
The government will supply an additional 60,000 housing units in the Seoul metropolitan area mostly for young people and newly married couples, Finance Minister Koo Yun-cheol said Thursday. The latest housing supply measures for Seoul and neighboring Gyeonggi Province build on the government's pledge made in September to construct more than 1.35 million homes nationwide by 2030. "The government plans to swiftly provide a total of 60,000 housing …
(Sejong = Yonhap News) Reporter Lee Jun-seo = Deputy Prime Minister and Minister of Strategy and Finance Koo Yoon-chul said on the 29th, "We will quickly prepare specific institutional improvement measures to expand supply and achieve rapid...
[Digital Daily Reporter Jo Yoon-jung] As a follow-up measure to the September 7th supply measures, the government will supply an additional 60,000 housing units in downtown Seoul and key areas of the metropolitan area. This is intended to alleviate market anxiety by concentrating the supply in highly desirable areas such as Seoul, Gwacheon, and Seongnam, where housing shortages are worsening. On the 29th, the government held a meeting of ministe…
"Public housing districts will be combined to promote supply, including the area surrounding the Gwacheon Racecourse and Counterintelligence Command site." "Agreement reached with Nowon-gu and Taereung CC development...Continued discussions with Seoul Metropolitan Government on the quantity of Yongsan Maintenance Depot site." Reporters Lim Ki-chang and Hong Guk-gi = The Ministry of Land, Infrastructure and Transport announced on the 29th that it…
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