Korea Land & Housing Corp. (LH) will inject KRW 17.9 trillion ($13.4 billion) in 2026 to boost housing supply in the Seoul metropolitan area, focusing 71% of its procurement on 3rd New Towns and targeting the groundbreaking of 52,000 public housing units.
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LH to Inject KRW 17.9 Trillion This Year—Focus on Housing Supply in Greater Seoul Including 3rd New Towns
Korea Land & Housing Corp. (LH) will inject KRW 17.9 trillion ($13.4 billion) in 2026 to boost housing supply in the Seoul metropolitan area, focusing 71% of its procurement on 3rd New Towns and targeting the groundbreaking of 52,000 public housing units.
LH Launches Tenant Recruitment for Incheon Yeongjong A24 Block Public Housing—Total 641 Units
Korea Land & Housing Corp. (LH) has opened applications for 641 public housing units at Incheon Yeongjong A24 Block, with general sales starting in January and move-in set for December 2028.
President Lee Jae-myung has directed a review of creating a separate management company for LH’s rental deposit liabilities and assets, aiming to strengthen the state-run housing agency’s financial position and address market distortions caused by current land supply practices.
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President Lee Orders Review of Separate Management Company for LH Rental Deposit Liabilities and Assets
President Lee Jae-myung has directed a review of creating a separate management company for LH’s rental deposit liabilities and assets, aiming to strengthen the state-run housing agency’s financial position and address market distortions caused by current land supply practices.
LH to Supply 3,000 Rental Housing Units in Greater Seoul Area by Year-End
South Korea's LH will supply 3,000 rental housing units in the Seoul metropolitan area by year-end, with a focus on young adults and newlywed households, as part of efforts to address housing demand.
LH Launches Full-Scale Redevelopment of Aging Public Office Sites in Greater Seoul
Korea Land & Housing Corp. (LH) will redevelop aging public office sites in the Seoul metropolitan area, targeting 28,000 new housing units by 2030 as part of a major supply expansion initiative.
The Ministry of Land, Infrastructure and Transport will announce additional housing supply measures by December, including redevelopment plans and reforms for Korea Land & Housing Corp., as part of efforts to stabilize South Korea's real estate market amid rising prices in the Seoul metropolitan area.
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[10·15 Measures] Land Ministry Signals Additional Housing Supply Plan to Be Announced by December
The Ministry of Land, Infrastructure and Transport will announce additional housing supply measures by December, including redevelopment plans and reforms for Korea Land & Housing Corp., as part of efforts to stabilize South Korea's real estate market amid rising prices in the Seoul metropolitan area.
Korea Land & Housing Corp. (LH) expects its bond issuance to rise by 25 trillion won over five years as halted land sales and direct public housing supply erode revenue, pushing debt toward 300 trillion won by 2029.
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LH Chief Says Bond Issuance to Rise by 25 Trillion Won Over Five Years Due to Halt in Land Sales
Korea Land & Housing Corp. (LH) expects its bond issuance to rise by 25 trillion won over five years as halted land sales and direct public housing supply erode revenue, pushing debt toward 300 trillion won by 2029.
Korea Land & Housing Corp. President Lee Han-jun warns that LH’s cross-subsidization model is unsustainable due to reduced land sale revenues, urging urgent government fiscal support and announcing plans to expand and upgrade public housing supply.
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LH Chief Lee Han-jun Says Cross-Subsidization Model Unsustainable—Urgent Fiscal Support Needed
Korea Land & Housing Corp. President Lee Han-jun warns that LH’s cross-subsidization model is unsustainable due to reduced land sale revenues, urging urgent government fiscal support and announcing plans to expand and upgrade public housing supply.
Korea Land & Housing Corp.'s land compensation payments have plunged 70% in two years, signaling a sharp slowdown in new public housing projects and raising concerns over fiscal pressures and housing supply.
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LH Land Compensation Payments Plunge 70% from 9.2 Trillion Won to 2.8 Trillion Won
Korea Land & Housing Corp.'s land compensation payments have plunged 70% in two years, signaling a sharp slowdown in new public housing projects and raising concerns over fiscal pressures and housing supply.
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