
AI-generated summary
By introducing the Moa Housing and Moa Town system in 2022, the city of Seoul has been pursuing a policy of grouping together and quickly renovating old low-rise residential areas that are difficult to redevelop. Accordingly, the establishment of cooperatives has been completed in 168 locations and construction has begun in 14 locations.
(Seoul = Yonhap News) Reporter Kim Jun-tae = On the 28th, Seoul Mayor Oh Se-hoon visited Gangbyeon Station Central I-Park (formerly Hanyang Union area) in Gwangjin-gu, the first completed and moved-in case of Moa Housing, to congratulate residents on moving into their new home.
Moa Housing is Seoul Cityโs small-scale housing improvement method that groups together old low-rise residential areas that are not easy to redevelopment and rebuild and quickly renovates them.
Areas where MOA houses are grouped together and infrastructure such as roads, parking lots, and parks are developed together are designated as โMoA Townโ and are managed systematically.
The Hanyang Union area visited by Mayor Oh on this day is the first Moa Housing project site in Seoul, which began construction in February 2024. Construction began eight months after completing the integrated review and was completed last August, two years and six months after the start of construction. Move-in began this month.
According to the city, before redevelopment, residential conditions in this area were so poor that 70% of all houses were located semi-basement.
The city explained that there was an urgent need to improve the residential environment as illegal parking was rampant on the roads and there was a lack of rest space for residents. However, the area of โโthe area was 9,877ใก, which did not meet the redevelopment area standard (10,000ใก), making it difficult to carry out a large-scale maintenance project.
The city promoted the maintenance project by applying Moa Housing review standards and improving business conditions.
The maximum number of floors was increased from the 10th floor to the 15th floor, and the floor area ratio was increased from 234% to 248%.
Through this redevelopment of Moa Housing, the Hanyang tenement area was transformed from an old low-rise residential area with 99 households into an apartment complex with 215 households in 4 buildings with 2 floors underground and 10 to 15 floors above ground.
Mayor Oh said, โI think it is meaningful that residents starting their lives in a new home can enjoy a better living environment,โ and added, โThe Hanyang tenement, which would have been impossible to maintain if not for Moa Housing, has been transformed into a comfortable apartment with an increase of 116 households in just three years of integration deliberation.โ
According to the city, after Seoul introduced the Moa Housing and Moa Town system in 2022, the establishment of Moa Housing Associations was completed in 168 locations.
Of these, 14 (2,200 units) have begun construction, and 27 (3,800 units) are scheduled to begin construction after completing project implementation plan approval.
In Gwangjin-gu, where the Hanyang Alliance is located, 27 Moa housing projects are being promoted in 10 Moa Towns, and resident consent forms are being received in 10 additional districts to select Moa Town candidate sites.
On this day, Mayor Oh met with nearby Moa Town project officials at the site and shared the results of Hanyang Alliance's project implementation.
He emphasized, "We will strengthen citizens' residential stability by supplying 40,000 MOA houses by 2031."
AI outlook โ possibilities, not facts
Whether Seoul City will achieve its goal of supplying 40,000 houses by 2031
Possible ยท Within years

Korea Land and Housing Corporation (LH) announced on the 29th that it passed the integrated review by establishing a management plan and construction plan in parallel for the street housing maintenance project in the Seoksu Station area in Geumcheon-gu, Seoul. This is the first case in the country, and the project period will be shortened by 16 months and three districts will be integrated to supply a total of 586 households. LH plans to proceed with sales to union members within the year and begin construction in 2028 after relocation and demolition next year.

Suncheon City will establish a step-by-step strategy by 2030 and operate a task force to promote revitalization of the original downtown. We plan to identify idle spaces and long-term neglected buildings, prepare an action plan by 2028, and enter the rebuilding-focused implementation phase from 2029 to 2030. An experimental store project is also being promoted.

The government announced that it would supply 190,000 households by 2030 by introducing 'universal public rental', a high-quality public rental housing system that expands to the middle class to demand. To overcome the quality and area limitations of existing public rentals, preferred floor plans and high-quality finishing materials are applied, and income and asset standards are raised to attract the middle class. The occupancy period is set to range from 6 years to a maximum of 20 years, and supply will be given priority to the 3rd new city, and a purchase type will also be promoted in parallel.

After the Chuseok holiday, a total of 65,598 households will be supplied in 16 cities and provinces across the country from the end of this month to November, and 17,219 households, or 35.3%, will be sold in Gyeonggi-do. In Seoul, 2,398 of the total 6,999 households are for general sale, and Banpo DH Classt has 1,832 households for general sale and is scheduled to be sold in November. Large-scale sales continue in Incheon and other regional areas.

The Seoul Metropolitan Government has confirmed a rapid integration plan to create a housing complex with up to 30 floors and 2,520 households by integrating Gaemi Village, Hongje-dong, Seodaemun-gu, Culture Village, and Hongje District 4. To protect the landscape of Inwangsan Mountain, the height of buildings will be limited, the viewing axis will be secured, and approximately 30,000 m2 of damaged land will be created into a park. Infrastructure will also be provided to improve residents' living routes and accessibility and respond to transportation demands.

Gyeongbuk Provincial Development Corporation is recruiting residents for 42 purchased rental houses, including 18 youth type, 16 newlywed/newborn type, and 8 general type located in Gaheung-dong, Yeongju-si, Gyeongsangbuk-do. Members of households without a home can apply if they meet the income and asset requirements, and through an agreement with Yeongju City, an additional 50% of rent is provided, lowering the actual burden to 15-25% of the market price. Those wishing to move in can check out the housing from October 23rd to October 6th, and applications can be submitted by visiting the Gaheung 1-dong Administrative Welfare Center or by registered mail from the Gyeongbuk Provincial Development Corporation from October 7th to 8th.