Public Call for Proposals to Stockpile 500 Billion Won Worth of Idle Land in the Capital Area… "To Prepare for Housing Demand"
4 Articles
4 Articles
The Ministry of Land, Infrastructure and Transport and the Korea Land and Housing Corporation (LH) announced on the 8th that they will conduct a public bidding process to purchase 500 billion won worth of public land for supply and demand adjustment in preparation for a housing shortage in the Seoul metropolitan area. This is a follow-up measure to the August 13 Rapid Housing Supply Plan. This bidding process is the first pilot project to fully …
(Seoul = Yonhap News) Reporter Lim Ki-chang = The Ministry of Land, Infrastructure and Transport and the Korea Land and Housing Corporation (LH) announced on the 13th of last month that, as a follow-up measure to the August 13 rapid housing supply plan, starting from the 8th, 2...
The government has decided to purchase land owned by the state, corporations, and individuals to secure housing in the metropolitan area and resolve the housing supply shortage.
A public land stockpiling project is being launched for the first time to secure idle land within urban areas suitable for housing construction in preparation for a housing supply shortage in the Seoul metropolitan area. The Ministry of Land, Infrastructure and Transport and the Korea Land and Housing Corporation (LH) announced on the 8th the commencement of the "2026 Public Open Call for Purchase of Public Land Stockpiled for Supply and Demand …
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