Politics · South Korea · 1 hr ago
Hongcheon to Open Youth Housing With Monthly Rent of 100,000 Won
Hongcheon County in South Korea will open youth housing called Cheongaramchae on Oct.
21.
The two-storey building has 10 units and shared spaces, including a meeting room and kitchen.
Built from 2023 to 2026 at a cost of 2.2 billion won, it is intended as shared housing for young people in the county.
Rent is 100,000 won a month, with a 1 million won deposit; management fees and individual utility bills are extra.
Residents must be aged 18 to 45, live in a household where everyone meets that age range, and have no home; leases last two years and can be renewed twice, allowing stays of up to six years.
The county selected 10 residents and four alternates, who are due to sign contracts from Oct.
26 to 30 and move in within 30 days; the county will check occupancy at least once a year.
Hongcheon County will open Cheongaramchae, a youth shared-housing facility, on October 21.
The facility has 10 youth residences and shared spaces, including a meeting room and communal kitchen.
Rent is 100,000 won a month, with a 1 million won deposit; management fees and individual utility bills are separate.
Eligible tenants can stay for up to six years, through two-year leases with two possible extensions.
The county selected 10 tenants and four reserve tenants on October 19.
- Who
- Hongcheon County is opening the housing for eligible young people.
- What
- Cheongaramchae is a shared-housing facility with 10 youth residences.
- When
- It is scheduled to open on October 21, 2026.
- Where
- Pungam-ri, Seoseok-myeon, Hongcheon County, Gangwon Province.
- Why
- It is intended to help young people settle in Hongcheon and provide a shared residential community.
This story does not have two clearly opposing sides.
Hongcheon County spent 2.2 billion won to build the housing in Seoseok-myeon.
The county selected 10 tenants and four reserve tenants.
Cheongaramchae is scheduled to open.
Selected tenants are scheduled to sign contracts and move in within 30 days.
- Facility
- Cheongaramchae
- Housing
- 10 youth residences
- Construction cost
- 2.2 billion won
- Monthly rent
- 100,000 won, excluding management fees and individual utilities
- Deposit
- 1 million won
- Maximum stay
- Six years
1 source
What people are saying
I hope Cheongaramchae will be a warm home where young people put down roots in Hongcheon and nurture their dreams.
We will develop it into a model for young people settling in the area, where local residents and young people live together.