Land designated as roads for six locations of the Moa Town in the districts of Gangdong, Gwangjin, Dongjak, and Seocho in Seoul has been designated as a land transaction permission zone. Moa Town is a method of development that consolidates residential areas with a dense concentration of low-rise, aging dwellings, making large-scale redevelopment difficult, into multiple parcels.

According to the city of Seoul on the 21st, the land transaction permission zone designation proposal was passed at the 13th Urban Planning Committee meeting on the 20th. This measure aims to preemptively block speculative activities that involve dividing and selling equity in privately owned alleyways to multiple people.

Designated location for the land transaction permit area of Moa Town./Courtesy of Seoul City

The target areas consist of one location in Gangdong, three locations in Gwangjin, one location in Dongjak, and one location in Seocho, totaling six locations. The designated period is from September 2, 2025, to September 1, 2030, spanning five years.

Land transaction permission zones will be lifted for five locations where the original designation reasons and speculative demand have been resolved, as they were not selected for public redevelopment projects. Areas not selected for public redevelopment include the area around 338 Cheonho-dong in Gangdong, which was released from the maintenance promotion district on July 17, 2025 (0.03㎢), the area around 212-1 Sagan-dong in Seongdong, which was not selected as a candidate site for the fast-track integrated planning (redevelopment) (0.02㎢), the area around 913 Sinwol-dong in Yangcheon, where the project implementer was designated after the maintenance plan decision in the fast-track integrated planning (0.12㎢), and the areas around 156-4 and 50-21 Sindang-dong in Jung, which were withdrawn from the Moa Town target sites (0.30㎢).

The two fast-track integrated planning redevelopment zones, where the project area was changed to secure vehicle access roads, had their land transaction permission zone adjusted to align with the newly designated project areas. The areas around 25-606 Changsin-dong in Jongno (Changsin Area 9, 0.14㎢) and 629 Changsin-dong (Changsin Area 10, 0.09㎢) are included.

Once designated as a land transaction permission zone, ownership or the establishment of rights for any land equity exceeding 6㎡ in residential areas or 15㎡ in commercial areas must receive approval from the head of the respective district office.

※ This article has been translated by AI. Share your feedback here.