Seoul city approves housing development projects in yangcheon and jungnang
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The Seoul Metropolitan Government approved business plans for five Moa House projects in Yangcheon-gu and Jungnang-gu to supply 2,741 housing units.
These projects aim to develop low-rise residential areas by clustering small plots into blocks for joint development. The city targets construction to begin in 2028. One project in Sinwol-dong, Yangcheon-gu, will provide 354 units, including 60 rental units.
Although the area faced development hurdles due to altitude restrictions near Gimpo Airport, the city upgraded the land to a Class 3 General Residential Area, allowing buildings up to 13 stories high with a floor area ratio of up to 300 percent. In Jungnang-gu, a Moa Town project in Junghwa-dong expanded its capacity from 2,312 to 2,387 units by applying a profitability correction coefficient.
The city also selected six additional sites for the Rapid Integrated Planning project in districts including Geumcheon-gu, Yeongdeungpo-gu, Dobong-gu, Gangdong-gu, Eunpyeong-gu, and Dongdaemun-gu. By applying the Rapid Integrated Planning 2.0 framework, officials aim to simplify permit procedures and reduce the typical redevelopment period from 18 years and 6 months to 12 years.
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