The Ministry of Land, Infrastructure and Transport said Minister Kim Yun-duk visited the Namyangju Wangsuk public housing district in Gyeonggi on the afternoon of the 19th and ordered the swift push and faster supply pace of the third new towns.
The Namyangju Wangsuk district is a large-scale public housing district with the largest supply of dwellings among the third new towns (80,000 units). It is under active construction with the goal of first move-ins in 2028. This site is also the first project district to install a safety and health center that serves as a safety control tower.
That day, the Minister received a report from the Korea Land & Housing Corporation (LH) that, under the Sept. 7 supply measures, LH will directly implement the private supply of 32,000 dwellings in the third new towns to expand public sale volume, and, through restructuring, additionally break ground on 14,000 dwellings by 2030.
Restructuring means ▲ changing land use such as self-sufficient sites and reserved sites ▲ raising floor area ratios through measures such as noise mitigation ▲ expanding dwelling supply volume through restructuring such as consolidating small-scale dwellings.
The Minister told officials of LH and the Gyeonggi Housing & Urban Development Corporation (GH), "To stabilize housing in the Seoul metropolitan area, the third new towns must serve as the central axis of the supply base," adding, "Alongside expanding supply volume, we will maximize speed across all stages, including establishing district plans, land compensation, site development, and public housing construction."
Kim then said, "So that the project can proceed swiftly without unnecessary delays during interagency consultations or permitting processes, actively carry out your duties, including forming a task force (TF)," adding, "To create supply effects that anyone can feel, we must manage the schedule thoroughly so the project can move at speed from groundbreaking to main subscriptions to move-ins."
Kim also emphasized, "Systematically manage the Namyangju Wangsuk safety and health center, the first established in a public housing district, and make it a model case," adding, "If speed comes first and quality does not follow, it will be difficult to earn public trust, so be sure to proceed with the project by adhering to principles and procedures."