Politics · South Korea · 3 hrs ago
Eight South Korean public housing projects face delays
South Korea’s state-run Korea Land and Housing Corporation, known as LH, has eight delayed public housing projects outside the capital region.
Together, the projects are planned to provide 51,060 homes.
Some have struggled for years: the Changwon Taebaek site was designated in July 2018, and the Jeju Gimnyeong site in December 2018.
Lower housing demand, rising construction costs and a weak regional property market have contributed to the delays.
LH reviews individual projects, but it has no separate rules for regularly reassessing long-delayed projects or deciding when to restart, change or cancel them.
Delays can also restrict residents’ property rights; in the Sanjeong district, land transactions have faced restrictions since March 2021.
A lawmaker has called on LH to set clear rules for delayed projects and measures to limit harm to residents, but no specific next steps are given.
Eight of 23 South Korean public housing projects outside the capital region, involving 51,060 homes, are delayed.
Some projects have stalled for years because of weak demand and poor project viability.
Changwon Taebaek and Jeju Gimnyeong have faced difficulties despite being designated in 2018.
LH has no separate rules for managing long-delayed projects or deadlines for deciding whether to revive or adjust them.
A lawmaker said LH should set clear principles and reduce the harm to residents’ property rights.
- Who
- Korea Land and Housing Corp. (LH) is responsible for the projects; lawmaker Jo In-cheol raised concerns about the delays.
- What
- Eight public housing projects involving 51,060 homes are delayed.
- When
- The issue was reported on October 13, 2026. Some projects have been delayed since 2018.
- Where
- Eight projects in South Korea’s non-capital regions.
- Why
- Weak housing demand, rising construction costs and a sluggish regional property market have affected project viability.
This story does not have two clearly opposing sides.
Changwon Taebaek was designated as a project district.
Jeju Gimnyeong was designated as a project district.
Gwangsan-gu Sanjeong in Jeonnam-Gwangju became a land transaction permit zone.
A report said eight non-capital-region projects were delayed and highlighted the lack of separate management rules for long-delayed projects.
- Delayed projects
- 8 of 23 non-capital-region projects
- Homes involved
- 51,060
- Changwon Taebaek
- Designated July 2018; 99 months had passed
- Jeju Gimnyeong
- Designated December 2018; 94 months had passed
- Gwangsan-gu Sanjeong
- Land transaction permit zone since March 2021
What people are saying
LH must set principles for when and by what criteria to adjust long-delayed projects, and put forward measures to minimize harm to property rights.
Sources
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