▲ 8.4 Site of Seoul Regional Public Procurement Service, Seocho-gu, Seoul, included in the real estate supply plan for metropolitan areas
The government today announced the 8.4 real estate plan to supply a total of 132,000 households to the metropolitan area based on the revitalization of public reconstruction.
So-called'exhaust volume' has been announced as a new supply source, such as Taereung Golf Course in downtown Seoul, Yongsan Camp Kim site, former site of Seocho-gu Seoul Provincial Public Procurement Service, site of the National Diplomatic Academy, and Seoul Medical Center of Gangnam-gu.
[Pick Q&A] summarized this 8.4 supply plan so that it can be seen at a glance. Next, let's look at Gangnam, Seocho, and Yongsan to see whether the'Dream of My Home' is possible with the government's 8.4 countermeasures.
Q. 8.4 What is the core content of the supply measures for the metropolitan area?
A. It is as follows.
-Government, Seoul and the metropolitan area to supply a total of
132,000 households- Introduce high-density reconstruction of public participation… Floor space ratio up to 500% and floors up to 50 floors allowed
-New supply of more than 30,000 units through the discovery of new housing sites in
Seoul-Additional supply by
increasing the average floor area ratio of 10% points in Seoul's small and medium-sized public housing districts-Additional supply of 50,000 units through high-density reconstruction
-High-density reconstruction More than half of the houses that have been paid for donations, long-term public lease, and the
rest are publicly distributed to homeless, newlyweds and young people
Q. 8.4 Where is the housing area that comes as a supply measure?
A. In particular, the'top-class location' of Gangnam, Seocho, and Yongsan in Seoul has attracted the explosive interest of real users. '8.4 Supply Plan at a Glance' The applicable areas are as follows.
Q. You still have land to build an apartment in'Real location'?
A. Gangnam-gu Seoul Medical Center relocation site, Yongsan maintenance window, and Seocho-gu Seoul Regional Public Procurement Office, etc. included in this plan are in the best position.
The advantage of not being a private property is that it does not require complicated processes such as redevelopment compensation procedures.
However, the site of the Seoul Medical Center has already been included as an additional '80,000 units' site announced by the Seoul Metropolitan Government in 2018, but there has been no progress yet. Even the empty Yongsan maintenance window has been announced several times in the past, but it has not been realized. So the question remains how long will it take to start or move in.
Q. How do you get a house for sale in Gangnam, Seocho, and Yongsan?
A. It has been announced that'high-rise rental houses' will be supplied to the region through high-density reconstruction of public participation.
In today's announcement, the government did not clarify the distribution method or proportion of public supply, public lease, and private sale in the region.
The government said that it would "be recognized as a development good and not act as a factor in real estate price instability."
According to the announcement of this measure, it is said that it is decided to supply houses built on government-owned sites to homeless people, young people, and newlyweds as much as possible.
Q. What is high-density reconstruction of public participation?
A. Public reconstruction is a reconstruction method in which public institutions such as the Korea Land and Housing Corporation (LH) and the Seoul Housing and Urban Corporation (SH) participate and conduct business.
In the case of three types of general residential facilities, such as Eunma Apartment in Daechi-dong, Seoul, a representative house that comes to mind when redeveloping, Seoul has limited the floor area ratio up to 250% and the maximum number of floors to 35 stories for the protection of urban aesthetics.
This time, the government said that in the case of public-participation reconstruction, the floor area ratio will be reduced by up to 500% and high-rise apartments can be built up to 50 stories.
In this case, 50-70% of the floor area ratio increased due to high-density redevelopment was made to donate, and the government's policy is to recover more than 90% based on the expected rate of return.
This requires two-thirds consent from the homeowner.
However, real estate experts analyzed that the rental housing will increase and the expected return will decrease as much as the contribution rate of donations.
This is'News Pick'.