Business · Companies · 2 hrs ago
South Korea advances plans for 5,032 homes at three Seoul sites
South Korea’s Land and Housing Corp.
is advancing three public housing projects in Seoul that are planned to provide 5,032 homes.
The sites are in Singil 4, Nokbeon-dong and near the Songjung-dong community center.
The largest project is 2,676 homes in Nokbeon-dong, followed by 1,273 in Singil 4 and 1,083 near the community center.
The three areas completed their official designation as project districts on September 30.
The homes are part of a public scheme to increase city housing supply and improve older neighborhoods.
The corporation will move ahead with contractor selection and other steps needed for approval of the detailed plans.
It plans to consult residents, help set up resident representative groups early and combine design and construction competitions to shorten the process.
South Korea’s Korea Land and Housing Corporation (LH) is advancing plans to provide 5,032 homes at three sites in Seoul.
The sites are Singil 4 in Yeongdeungpo-gu, Nokbeon-dong Neighborhood Park in Eunpyeong-gu, and near Songjung-dong Community Service Center in Gangbuk-gu.
The planned supply is 1,273 homes at Singil 4, 2,676 at Nokbeon-dong, and 1,083 near Songjung-dong.
LH will pursue follow-up steps, including selecting construction companies and approving development plans.
It plans to use an integrated design-and-construction competition to shorten the process and improve public housing quality.
- Who
- Korea Land and Housing Corporation (LH) is advancing the plans.
- What
- LH plans to provide 5,032 homes across three urban public housing sites.
- When
- LH announced the follow-up steps on October 16, 2026.
- Where
- Singil 4 in Yeongdeungpo-gu, Nokbeon-dong Neighborhood Park in Eunpyeong-gu, and near Songjung-dong Community Service Center in Gangbuk-gu, Seoul.
- Why
- To expand housing supply in central Seoul and improve aging residential environments.
This story does not have two clearly opposing sides.
District designation was completed for the three sites.
LH said it would advance follow-up procedures, including construction company selection and approval of the development plans.
- Total planned homes
- 5,032
- Singil 4
- 1,273 homes
- Nokbeon-dong Neighborhood Park
- 2,676 homes
- Near Songjung-dong Community Service Center
- 1,083 homes
What people are saying
We will speed up project implementation following district designation to expand housing supply in the city center and improve aging residential environments.
We will speed up project implementation following district designation to expand housing supply in the city center and improve aging residential environments.