Tag: redevelopment

redevelopment

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Seoul's last shantytown to be redeveloped into 2,120-home complex

First formed in the 1980s during Gangnam District's rapid development, Guryong Village will be turned into new housing by 2031.

2026.7.22

Seoul Mayor Oh Se-hoon, center, announces a plan to break ground on 85,000 housing units across 85 redevelopment and reconstruction sites over the next three years at Seoul City Hall on Feb. 26. [NEWS1]

Seoul gov't aims to break ground on 85,000 housing units by 2028, a year earlier than planned

The Seoul Metropolitan Government is attempting to move the start of construction at major redevelopment and reconstruction projects by up to one year, aiming to break ground on 85,000 housing units by 2028.

2026.2.26

Most popular

The Sewoon District 4 redevelopment area located directly across from the Jongmyo Shrine in central Seoul is seen on Nov. 18. [YONHAP]

City, heritage agency hold initial talks on high-rise project near Jongmyo Shrine

Korea's heritage authorities and the Seoul Metropolitan Government have held their first round of preliminary talks to address a growing dispute over a controversial high-rise redevelopment project planned near Jongmyo Shrine.

2025.12.10

Seoul Mayor Oh Se-hoon speaks during a groundbreaking event for the second Sejong Center for the Performing Arts at a venue in Jongno District, central Seoul on Nov. 10. [YONHAP]

Seoul mayor claps back at prime minister's criticism of Jongmyo Shine development

Seoul Mayor Oh Se-hoon on Tuesday accused Prime Minister Kim Min-seok of stoking public emotion and inciting outrage over Oh’s own push for a redevelopment project near Jongmyo Shrine.

2025.11.11

Jamsil Jugong 5 Danji apartment complex in southern Seoul. The complex, constructed in 1978, is set to be demolished and built as high as 70 stories. [YONHAP]

Seoul to ease regulations to promote residential redevelopment

The Seoul Metropolitan Government on Thursday unveiled proposed changes to the city's basic development plan, which would boost housing supplies by encouraging the redevelopment of apartment complexes and residential areas.

2024.5.30

Don’t be the fool in the shower (KOR)

In order not to be the “fool in the shower” by flip-flopping between hot and cold water, authorities must steer the policy well so that it does not cause any unwanted side effects in the volatile housing market.

2024.1.11

Don’t be the fool in the shower

2024.1.11

President Yoon Suk Yeol, left, speaks with a senior citizen who lives alone in a multiunit house in Jungnang District, eastern Seoul, on Thursday, to provide winter supplies amid freezing temperatures this week. [PRESIDENTIAL OFFICE]

Yoon calls for lower bar for urban redevelopment projects

President Yoon Suk Yeol said guidelines for selecting redevelopment projects, which currently gauge safety risks, must change to prioritize housing depreciation to prevent residents' living conditions from deteriorating.

2023.12.21

The Seoul Metropolitan Government on Sunday announced plans to redevelop a rail yard in Suseo-dong of Gangnam District, southern Seoul, into a high-tech commercial area. [SEOUL METROPOLITAN GOVERNMENT]

Rail yard in southern Seoul to be redeveloped into IT hub

The Seoul city government on Sunday revealed plans to redevelop a rail yard in southern Seoul into a high-tech IT commercial area.

2023.2.12

Not so concrete

An excavator demolishes Sampyo’s ready-mixed concrete plant in Seongsu-dong, eastern Seoul, on Tuesday, ending its 46-year history.

2022.8.16