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Eight’public redevelopment’ revealed… “No tax relief”

◀ Anchor ▶

The government has announced eight candidates for public redevelopment in Seoul.

The plan is to supply 40,000 households to downtown Seoul through public redevelopment, but the government once again drew a line that there would be no easing of the tax for multi-homeowners to induce supply.

This is reporter Lee Jun-hee.

◀ Report ▶

Heukseok District 2 in Dongjak-gu, Seoul, which has been redeveloping since 2008.

The redevelopment area right next to it became a high-rise apartment complex while the project was delayed for more than 10 years due to a resident conflict.

Eventually, LH or SH applied for public redevelopment and was selected as a candidate.

If you do public redevelopment, instead of receiving benefits such as an increase in floor area ratio of up to 1.2 times, exemption from the pre-sale price limit, and shortening the business period, you have to build the remaining half as public lease after subtracting the pre-sale of members./

In the case of Heukseok District 2, compared to the previous plan, the number of houses will increase from 694 units to 1,310 units, and public rental will increase from 119 units to 505 units.

8 candidate sites.

There are two locations in Dongdaemun-gu and Yeongdeungpo-gu, and one in Dongjak-gu, Gwanak, Jongno, and Gangbuk, and 4,700 households are supplied to all stations.

As there are 70 application complexes, the government expects to achieve the goal of supplying 40,000 units for public redevelopment.

However, public reconstruction, which had planned more than 50,000 units, is a little slower.

There is no business application, and only 7 companies have participated in advance consulting.

Even though a survey was announced that the number of houses increased by 58% on average and the share was 37% lower than that of private reconstruction, the response of the unions was bleak.

However, the government is worried that by removing more regulations, it can promote real estate overheating.

The government reaffirmed that it plans to designate eight candidate sites for public redevelopment as land transaction permit zones, and that the transfer tax and ownership tax, which have recently been controversial for easing, will continue to strengthen.

This is Junhee Lee at MBC News.

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