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Special housing supply measures, restructuring and redevelopment systems likely to be included

Input 2021.02.01 15:30

In the report of ‘Permission for the Central Office Directorate for Speed ​​of Reconstruction and Redevelopment’
Ministry of Land, Infrastructure and Transport “Reviewing plans to expand housing supply”

It was reported on the 1st that the government is preparing to reorganize the system related to reconstruction and redevelopment as part of the housing supply measures to be announced before the New Year’s Eve.

An apartment complex viewed from the observation deck at 63 Square, Yeongdeungpo-gu, Seoul on the afternoon of the 18th of last month. /yunhap news

The Ministry of Land, Infrastructure and Transport plans to allow the heads of central government offices in addition to the heads of cities, counties, and gus to grant permission for a temporary period in order to promote the reconstruction and redevelopment projects in Seoul and the metropolitan area with a sense of speed. Regarding the report, “We are considering a plan to lower the burden and ease the requirements for residents’ consent,” he said, “We are considering a plan to expand the supply of housing,” but “the specific content and timing of the announcement have not been confirmed.” The report also mentioned the possibility that the scale of supply measures would be’more than 150,000 households in the metropolitan area’.

First of all, it is known that there is a high possibility of reflecting the countermeasures to increase the speed of the project by bringing the license right for reconstruction and redevelopment projects to the central government. This is because the delay in business waiting for local government approval and approval is not a good thing for the central ministry. For high-density development in the city center such as the station area promoted by the government, it is necessary to change the use and change the city plan, and for this, local governments such as the Seoul Metropolitan Government currently have the authority to license.

On the other hand, it is known that the possibility of lowering the reconstruction excess profit burden is low. The Ministry of Land, Infrastructure and Transport announced the results of the selection of candidate sites for public redevelopment on the 14th of last month and once again emphasized the ratio of existing rental housing donations. In addition, the fact that the Seoul Metropolitan Government has recently made it mandatory to collect donations for rental housing, which has not been available for remodeling apartment complexes, as a sign that there is no retreat of the’development profit recovery’ policy.

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