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The Yeouido pilot apartment complex was completed in 1971 and is evaluated as setting a new standard for high-rise apartment complexes in Korea by introducing elevators, central heating, and a standing kitchen.
Samsung C&T announced on the 19th that it was finally selected as the construction company for the reconstruction of a pilot apartment in Yeouido-dong, Yeongdeungpo-gu, Seoul, a maintenance project worth 2.2 trillion won.
Korea Asset Trust, the project implementer, passed the final selection of Samsung C&T as the construction company at a general meeting of land owners on the 16th.
This project is to create 2,480 apartments and welfare facilities in the area of 50 Yeouido-dong, with 6 floors underground and 59 floors above ground. The construction cost is approximately 2.2685 trillion won.
The Yeouido pilot apartment complex was completed in 1971, and is evaluated as having set a new standard for high-rise apartment complexes in Korea by introducing innovative living methods at the time, such as elevators, central heating, and standing kitchens.
Samsung C&T proposed 'RAEMIAN SonelY' as the name of the new complex by combining 'Standard', which means 'standard', and 'One&Only', which means unique and unique.
OMA, a global architectural designer in the Netherlands who designed the Seattle Central Library in the U.S., China Central Television (CCTV) headquarters in Beijing, China, and the Leeum Museum of Art in Korea, will participate in the exterior and skyline design.
In order to increase the value of the location along the Han River, the simple grid layout of the existing 21 buildings was reduced to 18 buildings and rearranged to face the Han River directly, increasing the number of households with a view of the Han River from 1,616 in the original plan to 2,032.
Samsung C&T's futuristic residential model 'Next Home' was also applied to allow the internal space to be changed flexibly with movable furniture 'Next Furniture', variable wall 'Next Wall', and dry floor 'Next Floor'.
While reducing the number of residential buildings, the area of the central square will be more than doubled, and 90 programs encompassing exercise, relaxation, and education will be provided through the largest community in Yeouido.
On the 41st floor of the Landmark Tower, a sky bridge and community where you can relax while looking at the Han River will be created.
Lim Cheol-jin, head of Samsung C&T's housing sales division, said, "Yeouido Pilot Apartment is a symbolic complex that announced the beginning of Korea's apartment housing culture. We will bring together all of Samsung C&T's capabilities to create a residential masterpiece that represents Yeouido and a new standard for future housing."

Next month, the number of apartments available nationwide is expected to drop to 11,559 households, down 30% from the previous month and 49% from the same month last year. In particular, the metropolitan area is expected to have 4,031 households, a 49% decrease from this month, and Seoul is expected to have only 488 households in three complexes. In rural areas, 7,523 households are scheduled to move in.

The Ministry of Land, Infrastructure and Transport is optimistic about the possibility of stabilizing the housing market in the mid- to long-term based on improvements in housing supply leading indicators and declines in sales prices in some regions, and announced that supply and demand conditions will significantly improve with the full-scale occupancy of the 3rd new city in 2028.

Seoul Mayor Oh Se-hoon referred to the housing policy white paper published by the Seoul Metropolitan Government and criticized that the opportunity to supply 430,000 housing units was lost due to the removal of maintenance zones under former Mayor Park Won-soon, and urged the government and ruling party to change the policy direction.
![[1 year of Toheo District expansion] Increased increase in housing prices in 11 out of 12 Gyeonggi regions before and after designation](/api/img?u=https%3A%2F%2Fimg.yna.co.kr%2Fphoto%2Fyna%2FYH%2F2026%2F07%2F10%2FPYH2026071006800001300_P2.jpg&w=320&q=72&f=webp)
It was found that in 11 of the 12 land transaction permit zones in Gyeonggi Province designated as part of the October 15 real estate measures last year, the rate of increase in apartment prices in the year after designation of regulations increased compared to before. In particular, Gwangmyeong City showed the largest increase in the growth rate, increasing by 19.0 percentage points from 1.8% to 20.8%, and Gwacheon City was the only city where the growth rate slowed. Experts called for checking effectiveness and considering side effects.
![[1 year of Tohe district expansion] Gangnam is captured, but ‘decoupling’ is increasing in other regions](/api/img?u=https%3A%2F%2Fimg.yna.co.kr%2Fphoto%2Fyna%2FYH%2F2026%2F07%2F05%2FPYH2026070504740006100_P2.jpg&w=320&q=72&f=webp)
Despite the decline in house prices in Gangnam, Seoul, apartment prices are continuing to rise mainly in non-regulated areas such as Gunpo-si, Gyeonggi-do, Byeongjeom-gu, Hwaseong-si, and Wonmi-gu, Bucheon-si, and prices have also risen significantly in regulated areas such as Maegyo-dong, Paldal-gu, Suwon-si. Uiwang-si and low-cost areas outside Seoul also recorded double-digit growth rates, and 8 of the top 10 areas with the highest growth rates this year were Gyeonggi-do. It is analyzed that the decrease in jeonse and monthly rent listings and Samsung Electronics' in-house housing loan were influential.

The average monthly interest cost for jeonse households in the second quarter of this year was 211,965 won, an increase of 144.2% from the second quarter of 2019, and significantly exceeded the 66.1% increase in interest costs for owner-occupied households during the same period. The ratio of interest costs to income for jeonse households has risen to 3.7%, and the rising jeonse price is also acting as a factor in increasing the burden on tenants.