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Mayor's Hope Journal

  • Dishonest Practices Concerning Apartment Management
    [Mayor Park Won Soon’s Hope Journal 218]

  • Mayor's Hope Journal SMG 1149

    The results of our
    recent investigation into dishonest acts perpetrated by persons in charge of
    apartment management were announced the other day. In March, Seoul Metropolitan
    Government came up with a number of ways of improving apartment management. In
    May, we announced a plan to take measures to ensure that apartments are run in
    a more transparent way. I announced the results of the month-long investigation.
    Many people, including district officials, policy, legal and accounting
    experts, and engineers, provided us with invaluable assistance during the


    At present, 59% of Seoul’s
    inhabitants live in apartments, which is why innovation in the field of apartment
    management is very important. No unreasonable financial burden should be
    imposed on households. The administrative expenses paid by households should be
    spent on restoring the local community and on other projects that are beneficial
    to the community. The innovation of apartment management is also associated
    with the thing most urgently required by our society, namely, mutual


    The problems relating
    to apartments that have been most commonly pointed out and confirmed by our own
    investigation include the lack of a clear distinction between administrative
    expenditure and long-term repair allowances, the reckless drawing up of private
    contracts, the use of unqualified people to conduct repair work, and collusion in
    the overestimation of construction expenses. Failure to apply standardized
    items in accounting and the carrying out of meetings of representatives in an
    arbitrary way were also singled out as causes of such problems.