
Housing Supply Task Force Accelerates Redevelopment Projects—Support Agencies Under Review
The Ministry of Land, Infrastructure and Transport's Housing Supply Task Force is accelerating redevelopment in first-generation new towns, reviewing support agencies, and setting targets to break ground on 63,000 units by 2026.
Yonhap InfomaxThe Ministry of Land, Infrastructure and Transport is expanding fast-track redevelopment support to all first-generation new towns, aiming to accelerate housing supply and ease annual designation limits, with a target of breaking ground on 63,000 units by 2030.
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First-Generation New Town Redevelopment Accelerates as Enforcement Decree Passes Cabinet
South Korea streamlines redevelopment in first-generation new towns, introducing electronic consent and easing resale rules to accelerate urban renewal and support developer liquidity.
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Rep. Kim Eun-hye Proposes Bill to Ban Commercial Property Share Splitting in First-Generation New Towns
Lawmaker proposes bill to ban commercial property share splitting in first-generation new towns, aiming to enhance transparency and efficiency in urban renewal projects
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Full-Scale Promotion of First-Generation New Town Renovation Projects - Deputy Head-Level Meeting Held
South Korea's Ministry of Land, Infrastructure and Transport holds meeting to advance renovation projects in first-generation new towns, focusing on leading districts and future plans
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Administrative Notice for First-Generation New Town Maintenance Plan Guidelines - 'Estimated Contributions to be Specified'
South Korea's Land Ministry issues guidelines for first-generation new town maintenance plans, emphasizing transparency in estimated resident contributions and streamlined procedures for urban renewal projects.
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