The Ministry of Land, Infrastructure and Transport said Vice Minister Kim Ei-tak on the 5th presided over the third meeting to review the housing market and supply measures in Sejong in the afternoon to closely manage the progress of key policies in the dwellings-land and dwellings supply sectors, including follow-up actions to the Sept. 7 plan to expand dwellings supply.
Attending the meeting were Vice Minister Kim, as well as the head of the Dwellings and Land Office, the head of the Dwellings Supply Promotion Headquarters, the director-general for land policy, the director-general for dwellings supply policy, the head of the dwellings policy division, the head of the housing welfare policy division, the head of the land policy division, the head of the dwellings supply policy division, and the head of the dwellings maintenance policy division.
The meeting to review the housing market and supply measures is a biweekly body chaired by the Vice Minister, launched on Dec. 8 last year. As this meeting was the first review session to be held in 2026, it focused on the 2026 implementation plans for key tasks released in the Sept. 7 measures.
First, the Vice Minister said, "As the Ministry of Land, Infrastructure and Transport Dwellings Supply Promotion Headquarters has been newly established, strengthening the government's execution capacity for supply, we must implement the follow-up actions to the Sept. 7 measures with speed." He then reviewed the quarterly implementation plans for three land supply-related tasks: shifting to direct implementation by Korea Land & Housing Corporation (LH), converting non-dwellings land to new uses, and accelerating public housing site development.
The Vice Minister said, "LH direct implementation and the conversion of non-dwellings land uses are important tasks that change the paradigm of public housing site dwellings supply, so we will make every effort to push them forward," and on accelerating public housing sites he added, "Let's set up a discussion with relevant agencies to devise ways to resolve on-the-ground difficulties related to procedures not under the purview of the Ministry of Land, Infrastructure and Transport (MOLIT), such as cultural heritage surveys."
Next, regarding four tasks related to urban supply—full reconstruction of aging public rental dwellings, redevelopment and complex development of aging public office buildings, season 2 of the public urban complex project, and revitalization of small-scale dwellings maintenance projects—the Vice Minister emphasized, "Centering on the Dwellings Supply Promotion Headquarters, we must further accelerate supply in prime urban locations." In particular, regarding complex development of aging government office sites, he encouraged, "Let's swiftly enact a special law to secure a powerful implementation framework and actively identify candidate sites for projects."
In addition, on private-sector support tasks to expand short-term supply (expanding supply of newly built purchase-and-lease units and expanding supply of public-supported private rentals), the Vice Minister instructed, "Because newly built purchase-and-lease and public-supported private rentals have relatively short construction periods and can yield immediately visible supply effects, inform the public proactively about progress at every stage of project implementation."
The Vice Minister also asked that the private sector, including industry and experts, be engaged continuously so that private supply such as maintenance projects can break ground in quantities exceeding the volumes estimated through the Sept. 7 measures.
Concluding the meeting, the Vice Minister said, "To organically link plans and execution related to expanding dwellings supply, we will closely monitor task-by-task progress through the meeting to review the housing market and supply measures, and we will put our heads together on pending issues."