The Ministry of Land, Infrastructure and Transport said Minister Kim Yun-duk visited the site on the south side of Seoul Medical Center in Samseong-dong, Gangnam-gu, Seoul, on the afternoon of the 4th. The site is one of the key project locations of the "Plan to expand and speed up urban dwellings supply (Jan. 29 measures)," prepared jointly by related ministries.

Minister Kim Yun-duk of the Ministry of Land, Infrastructure and Transport inspects the south site of Seoul Medical Center in Samseong-dong, Gangnam-gu, Seoul, on the 4th. /Courtesy of the Ministry of Land, Infrastructure and Transport

Reviewing the project's progress, the Minister said, "Stability in the dwellings market depends on whether dwellings are supplied on time where people want to live," adding, "We will deliver tangible supply results in urban areas one by one."

He went on, "Complex development projects that utilize aging government buildings and idle land are a practical way to secure dwellings in urban areas," and added, "Because the Seoul Medical Center site is an important field location where we can jointly examine various possibilities for how to advance public dwellings within the city, we will closely check what is needed during the project process."

The Minister also emphasized the continuity of dwellings supply, saying, "We will manage the 10,000-home complex development sites, such as the aging public office buildings we identified this time, with a sense of speed, and we will carefully review additional candidate sites with related ministries so that supply continues."

The Minister said, "Cooperation with local governments is more important than anything for supplying the dwellings that people are waiting for," and noted, "We will enact a special law for complex development, such as aging public office buildings, to supply dwellings in urban areas, so the government can provide institutional support responsibly."

He also urged, "There are limits to speeding up with plans made at a desk," adding, "We should look at the dwellings issue from the public's perspective on the ground and connect voices from the field to policy."

Finally, the Minister added, "We will continue supply without interruption while firmly upholding standards and principles, and we will surely realize the supply of 60,000 homes in the greater Seoul area so it leads to changes people can feel on the ground," adding, "We are comprehensively considering not only quality dwellings for young people and newlyweds but also dwellings supply for the middle class, and we will announce specific details through our housing welfare plan."

The Ministry of Land, Infrastructure and Transport plans to upgrade the zoning of the site south of Seoul Medical Center to general commercial by using a special law on complex development, such as aging public office buildings, to supply dwellings in urban areas. The site is set to include 518 homes tailored for young people, a public office, and startup support workspaces. The plan is to secure an exemption from the preliminary feasibility study in Jun. this year, establish the project plan in Oct. the same year, complete schematic design in Feb. 2028 and break ground in Dec., with completion targeted for Jun. 2031 and move-in in Aug.

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