Business · Companies · 54 mins ago
South Korea’s LH and builders discuss speeding up public housing
South Korea’s Land and Housing Corporation (LH) met with the Korea Housing Association on November 13 in Seoul.
They discussed how public and private builders could combine their skills to increase the supply of public housing faster.
The association called for more freedom to choose materials and for construction costs to better reflect actual expenses.
It also asked for earlier sales of some publicly supported rental housing and better conditions for private firms joining public redevelopment projects.
LH said it would consider the industry’s requests and look at ways to improve participation in redevelopment.
The meeting matters because LH says private-sector cooperation is needed to speed up housing supply.
South Korea’s Korea Land and Housing Corp. (LH) and the Korea Housing Association discussed ways to speed up public housing supply.
The meeting was held on Nov. 13 at the Construction Hall in Seoul’s Gangnam district.
They focused on combining public and private-sector technical and construction capabilities to expand housing supply faster.
The association called for greater flexibility in materials selection, realistic construction costs and improved conditions for private participation.
LH said it would review the industry’s proposals and seek ways to improve participation conditions.
- Who
- Korea Land and Housing Corp. (LH) and the Korea Housing Association.
- What
- They discussed ways to speed up public housing supply by combining public and private-sector capabilities.
- When
- Nov. 13, 2026.
- Where
- The Construction Hall in Seoul’s Gangnam district.
- Why
- To find ways to expand housing supply faster.
This story does not have two clearly opposing sides.
LH and the Korea Housing Association held a meeting at the Construction Hall in Seoul’s Gangnam district.
LH announced the meeting and its discussions.
- Meeting date
- Nov. 13, 2026
- Meeting venue
- Construction Hall, Gangnam district, Seoul
- Participants
- LH and the Korea Housing Association
- Association proposals
- Greater choice in materials, realistic construction costs, early sale of publicly supported private rental housing, and improved conditions for public redevelopment participation
- LH response
- Review the proposals and consider better participation conditions, appropriate project costs and greater private-sector discretion
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What people are saying
More than ever, active participation and cooperation from the private sector are needed to increase the speed of housing supply.
We will promptly review the matters raised by the industry and prepare reasonable alternatives.