Reform Party floor leader Cheon Ha-ram visits an apartment in Banpo-dong, Seoul, where Lee Hye-hoon resides, on the 9th and protests over Lee's alleged fraudulent housing subscription./Courtesy of Cheon Ha-ram's office

On the 9th, Reform Party floor leader Cheon Ha-ram said regarding allegations of fraudulent housing subscription by Minister of Planning and Budget nominee Lee Hye-hoon, "The Lee Jae-myung administration must not only withdraw the nomination of Lee Hye-hoon but also cancel the subscription win and immediately book a criminal case and launch an investigation."

That day, floor leader Cheon posted on Facebook a photo taken in front of Raemian One Pentas in Banpo-dong, Seoul, holding a sign that read "Cancel Lee Hye-hoon's fraudulent subscription win and investigate!" In the accompanying post, floor leader Cheon said, "A family deprived of the chance to move into Raemian One Pentas due to the nominee's fraudulent subscription suffered direct harm," adding, "Even now, the win must be canceled immediately and an investigation and punishment carried out."

According to Cheon's office, the nominee's husband applied on July 29, 2024, for the 137A type (exclusive area 137 square meters, about 54 pyeong) at Raemian One Pentas. The nominee's husband won the subscription the following August and fully paid 3,678.4 million won two months later. The apartment is currently being traded in the 7 billion won range.

The nominee's husband's subscription score was 74 points, which came from perfect scores for the period without home ownership (32 points) and savings subscription period (17 points), plus 25 points for four dependents (the nominee and three sons). For that type, which had a competition ratio of 81 to 1, only eight units were offered for general sale; excluding one household selected by lottery, the remaining seven were allocated by the points system. The seven winning scores ranged from 74 to 80, meaning the nominee's husband won with the lowest score.

However, among the nominee's three sons, the eldest joined the Korea Institute for International Economic Policy (KIEP) in Aug. 2023 and was said to be living in a jeonse rental apartment in Sodam-dong, Sejong, leased in the nominee's name in July that year. The nominee's eldest son also married in Dec. 2023, a year before the subscription application. Two weeks before the wedding, he signed a jeonse contract for an apartment in Yongsan-gu, Seoul, with a deposit of 730 million won.

To receive subscription points, only unmarried children among dependents are recognized, and their address on the resident registration must match the parents'. The nominee's eldest son did not file a marriage registration, and for the jeonse apartment, he avoided changing the address and maintained dependent status under the nominee couple, thereby circumventing the subscription system.

Cheon said, "There are also indications that, conscious of post-verification after the subscription win, the nominee intentionally maintained a fake move-in registration and fake unmarried status for more than seven months," pointing out that "on July 31, 2024, the nominee's entire family filed a move-in report to a 25-pyeong Yongsan apartment for which the nominee's eldest son had signed a jeonse contract with his spouse, and on Sept. 23, 2024, the entire family again filed a move-in report to Raemian One Pentas, where they won the subscription." After seven months, on Apr. 30, 2025, only the eldest son filed a move-in report back to the Yongsan apartment and only then filed the marriage registration.

Cheon said, "There are indications that even after moving in, to avoid detection during post-verification of the fake move-in registration and fake unmarried status, they meticulously kept the eldest son in the same household and even delayed his marriage registration," adding, "What citizen would accept someone fraudulently subscribing through all kinds of illegal acts such as fake move-in registration and fake unmarried status and living in a Gangnam apartment worth 9 billion won?"

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