This year, 62,000 public housing units are set to be supplied in the greater Seoul area.
The Ministry of Land, Infrastructure and Transport on the 15th held a meeting to review the 2026 public housing supply with Korea Land & Housing Corporation (LH), Seoul Housing and Urban Development Corporation (SH), Gyeonggi Housing & Urban Development Corporation (GH), and Incheon Housing & City Development Corporation (iH), checked the public housing supply in the greater Seoul area, and discussed ways to speed up supply.
This year, the government will push ahead without delay with groundbreaking for 62,000 units. That is the highest since 2020 and more than about twice the recent five-year average. A number of prime sites are included, such as 18,200 units in the third new towns, as well as Seongdui Village in Seoul (900 units), Seongnam Nakseng (1,148 units), Seongnam Bokjeong (735 units), and Dongtan 2 (1,474 units).
The Ministry of Land, Infrastructure and Transport (MOLIT) plans to press ahead to expand supply by starting construction on more than 70,000 units next year. Starting this year, in addition to groundbreaking targets, it will also set and manage targets for prior-stage site development and compensation to prevent delays and move up groundbreaking as much as possible.
It also plans to move up the supply timeline by spreading out groundbreaking that had been concentrated at year-end and starting construction on 10,000 units—about 16% of the total—in the first half.
Seripul District 1 completed its district designation in February. In the Gwangmyeong–Siheung district, surveys, appraisals, and compensation procedures will proceed simultaneously to cut the schedule by four months compared with the plan, with compensation talks to begin in July.
For the third new towns, all five districts are operating a joint task force (TF) on relocation, demolition, and cultural heritage. In the Hanam Gyosan district, a temporary rerouting of transmission lines moved up groundbreaking for eight blocks (3,000 units) by up to three years.
In Namyangju Wangsuk, coordination with Korea Electric Power Corporation (KEPCO) shortened groundbreaking for seven blocks (7,000 units) by one year. In Incheon Gyeyang, through an infrastructure issues council, the installation periods for roads, electricity, and communications are being moved up by six to 12 months, with preparations underway to ensure there is no setback to move-ins in December this year.
Korea Land & Housing Corporation (LH) aligned with the expansion of public housing supply has set this year's investment at 40.7 trillion won. That is a significant increase from the recent five-year average of 32.5 trillion won.
Kim Ei-tak, the Ministry of Land, Infrastructure and Transport (MOLIT) First Vice Minister, said, "Housing supply is a core task for stabilizing people's housing, and what matters most is to increase the pace of supply, and now we must prove it with results," adding, "We will break from past practices, reexamine administrative procedures and process management from a zero base, and prepare additional acceleration measures through fundamental innovation."
Kim, the Vice Minister, added, "We will continue to identify and resolve bottlenecks at each project stage and, through close collaboration among related agencies, promptly deliver supply outcomes that people can feel."