Deputy Prime Minister and Minister of Strategy and Finance Hong Nam-ki announced on the 29th that the designation of the planned district for the 2nd 4 measures will begin in October, and the designation of the main district will begin within the year.
Deputy Prime Minister Hong held a meeting of relevant ministers to inspect the real estate market at the government complex in Seoul on the same day, and in accordance with the enforcement of the amendments to the Special Act on Public Housing (Gongju Act) related to the 2nd and 4th measures, the 2nd and 4th measures downtown He explained that he had started the process of designating a candidate site for a complex project in earnest. Of the 76,000 houses, 17 (25,000 houses) including Jeungsan 4 District, Yeonsinnae Station, Banghak Station, and the east side of Ssangmun Station took an average of 115 days after the selection of candidate sites, and only 42 days for areas additionally selected as candidate sites in June. He said, “We have secured more than two-thirds of the residents’ consent.” The designation of the planned district will be promoted from October through a project briefing session including detailed project structure, focusing on areas with the consent of at least two-thirds of the residents).
He said, “In this case, the district designation procedure for private projects, which normally takes three to four years, is one year. I expect that it can be shortened dramatically.”
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