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Seoul Approves Plans for Two Apartment Rebuilds and Two Other Projects
A Seoul city committee approved four housing-project plans after a review on Oct.
15.
In Gangnam District, Daechi Ssangyong 1 will be rebuilt as 999 homes in towers up to 49 floors, including 132 public rental homes.
In Songpa District, Jamsil Woosung 4 will become 828 homes, including 98 public rental homes, with facilities open to local residents.
Both plans aim to replace older apartment blocks and add public spaces and community facilities.
In Dongdaemun District, the Jegi 6 redevelopment will provide 445 homes, and officials will now proceed with a revised project implementation plan.
At Banpo Jugong 1, where construction is already under way, design changes were approved for a project of 5,007 homes.
The development is expected to offer about 1,800 homes for sale next month and be completed in November next year.
Seoul approved plans for four housing projects at a meeting of its urban renewal review committee on October 15.
The projects include rebuilds of Daechi Ssangyong 1st and Jamsil Woosung 4th apartments, a change to the Banpo Jugong 1st rebuild, and redevelopment of Jegi District 6.
Daechi Ssangyong 1st is planned to grow from 630 homes to 999, while Jamsil Woosung 4th is planned to grow from 555 to 828.
Jegi District 6 is planned to have 445 homes, up from 423 under its previous plan.
The Banpo Jugong 1st project is under construction, with about 1,800 homes due to go on general sale next month.
- Who
- Seoul’s urban renewal review committee approved plans for four housing projects.
- What
- It approved two apartment rebuilds, a change to another rebuild, and a redevelopment plan.
- When
- The committee met on October 15; Seoul announced its decisions on October 16, 2026.
- Where
- Seoul, South Korea.
- Why
- The plans aim to improve aging residential areas and expand housing supply.
This story does not have two clearly opposing sides.
Seoul’s 21st urban renewal integrated review committee considered and approved the four project items.
Seoul announced the committee’s decisions.
About 1,800 homes at Banpo Jugong 1st are scheduled for general sale.
Banpo Jugong 1st is scheduled for completion.
- Daechi Ssangyong 1st
- Planned to have 999 homes, including 132 public rental homes
- Jamsil Woosung 4th
- Planned to have 828 homes, including 98 public rental homes
- Jegi District 6
- Planned for 445 homes in seven buildings of up to 20 floors
- Banpo Jugong 1st
- Rebuild includes 5,007 homes, including 213 public rental homes
- Review meeting
- Seoul’s 21st integrated review committee met on October 15
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What people are saying
We will support the rapid progress of urban renewal projects so that we can improve aging residential environments and expand housing supply.