The deliberation period regarding Seoul’s public housing supply will be shortened by more than six months.
Also, Seoul Metropolitan Government will establish Basic Plans for the public housing supply every four years, and the supply of guaranteed long-term housing will be legalized. The city government enacted the “Ordinance and Enforcement Rules Regarding the Construction and Supply of Public Housing, Etc.” and made a preliminary announcement of the new legislation on July 31.
Until now, matters related to the public housing supply had only been dealt with in regulations and guidelines. Seoul is the first city in the nation to raise it to the level of an ordinance. In my first term as mayor, we increased the supply of public housing by 80,000 units, and you may remember that I made a promise to supply an additional 80,000 units during my second term. The enactment of this ordinance is the first step toward creating the framework necessary to honor my pledge.
Also, we took note of the fact that the residents of studio apartments are mainly college students and people who have just started their careers. In consideration of this, we have reduced the average number of cars per housing unit from 0.6 (0.5 cars for units under 30m2) to 0.3 (0.25 cars for units under 30m2) for one-room housing units that SH Corporation will purchase.
The ordinance also contains provisions regarding increasing floor areas by 20% for units in urban districts, and in other areas as well, for leases of 10 years or more at the time of construction.
Innovation will continue in Seoul. You can count on us!