21 public developments, including Eunpyeong-gu, led by LH, who lost confidence



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Candidates for a new government-driven project have been unveiled for the first time as part of the 2 · 4 real estate bid plan. Approximately 25,000 households will be supplied from 21 locations in 4 self-governing districts of Seoul, including Eunpyeong-gu, Yeongdeungpo- gu, Dobong-gu, Geumcheon-gu. The location announced this time is a candidate site for the urban public housing complex project, targeting the station area, semi-industrial areas and low-rise residential areas.

New projects promoted by the Ministry of Land, Infrastructure and Transportation are implemented directly by the Korea Land and Housing Corporation (LH). The reform proposal of the LH organization, which the government intended to reorganize at the dissolution level, has not been announced. The government is assessed to have shown a willingness to implement a ‘public-led’ housing offering despite the fact that public confidence has plummeted due to land speculation by LH employees and the controversy over the spill. of senior officials. .

On the 31st, the Ministry of Land, Infrastructure and Transportation said: “We reviewed the candidate sites proposed by the four districts in Eunpyeong, Yeongdeungpo, Dobong, Geumcheon, and selected 21 sites.” “The scale that can be done,” he said. The Ministry of Land, Infrastructure and Transportation plans to announce additional project candidates for the Seoul area twice in April and May, and select project candidates for the metropolitan area and five regional metropolitan cities in June.

The market and the real estate industry are evaluating the announcement of this candidate site as “knowledge of politics”. The government, which has lost confidence, is criticized for beating players to adhere to existing policy.

The next variable is how much the private sector will participate. In the development of an urban public housing complex, a project can be promoted only when a district designation is requested with the consent of 10% of the land owner, and two-thirds or more of the consent of the land owners is obtained within one year after designation as a planned district.

Invoice processing is also being delayed. The bill to follow up on real estate countermeasures of February 4, which was to be finalized in March, was not even presented to the general meeting of the National Land, Infrastructure and Transportation Commission of the National Assembly. Even within the ruling party, which is responsible for handling the bill, there is a caution that restoring trust in LH is the first.

It is also controversial that the development plan was announced a week before the re-election of the mayor of Seoul. Through its own simulation, the Ministry of Lands, Infrastructure and Transportation predicted that the average proportion of landowners would decrease by 110 million won per household compared to private remodeling. This is the result of improving commercial viability by reducing urban regulations such as the proportion of built area (300% → 400%) and reducing the donation rate from 20% to 15%.

[김태준 기자 / 유준호 기자]

Yeongdeungpo Green Translation Station … Selected as Targeted by 21 Urban Development Sites in Seoul

Execution of candidates for the second and fourth countermeasures before the elections

No legislation or collection of opinions from local residents.
Hurry to announce the region to meet the deadline

Profitability guarantee incentive ‘bait’
“There is no direct request from residents,” he admitted.

On the 31st, the government selected a total of 21 sites in 4 districts, including Geumcheon-gu, Dobong-gu, Yeongdeungpo-gu and Eunpyeong-gu, as candidates for the first lead project of the second and fourth measures.  The photo shows the area around Gasan Digital Station, Geumcheon-gu, Seoul, one of the selected locations. [이충우 기자]

picture explanationOn the 31st, the government selected a total of 21 sites in 4 districts, including Geumcheon-gu, Dobong-gu, Yeongdeungpo-gu and Eunpyeong-gu, as candidates for the first lead project of the second and fourth measures. The photo shows the area around Gasan Digital Station, Geumcheon-gu, Seoul, one of the selected locations. [이충우 기자]

The first step of the government’s real estate countermeasure project 2 · 4 took off amid controversy over speculation about the city’s new land by employees of the Korea Land and Housing Corporation (LH) and the “Nambul within the price total “of senior officials. The government plans to supply some 25 million households in 21 locations in four autonomous districts of Seoul, including Eunpyeong-gu, Yeongdeungpo-gu, Dobong-gu, Geumcheon-gu. The government plans to accelerate the policy by announcing additional candidates for new projects in the first half of the year, but the policy itself is shaken at its roots by mistrust of “public-driven development.” For this reason, the government, which has lost confidence, is criticized for beating players to adhere to existing policy.

On the 31st, the Ministry of Land, Infrastructure and Transportation selected 21 areas of Seoul, including the station area, semi-industrial areas and low-rise villa complexes, as candidates for the first major project of the ‘Project of the complex of city ​​public housing ‘. This is a high-density development project in low-rise residential complexes, such as station area, semi-industrial areas and villas, led by public institutions such as LH to receive floor area ratio incentives. In the past, the canceled area “Ciudad Nueva” was also the target of the project. Despite the government’s roadmap, it is noted that the announcement of the candidate site is to know the second and fourth measures. For example, the Jeungsan 4 area announced on this day was designated as a cancellation area under the 2019 maintenance area extinguishing system, but has been updated as a candidate site for countermeasures 2-4. It was designated as a new city in the past and was raised, but was uploaded as a candidate site without considering promoting private redevelopment.

In particular, it is a problem that the follow-up bills, which were supposed to be finalized in March, were not even presented to the general meeting of the Land Transport Committee of the National Assembly. Even within the ruling party, which is responsible for handling the bill, there is a caution that restoring trust in LH is the first. A bill based on the establishment of a public-led development project led by LH and granting incentives was referred to the competent standing committee, but the ruling party abandoned the process in March. It is also controversial that he announced a development plan for the Seoul area just a week before the Seoul mayor’s election. Through its own simulation, the Ministry of Lands, Infrastructure and Transportation predicted that the average proportion of landowners would decrease by 110 million won per household compared to private remodeling. This is a conscious presentation of the elections.

Not only this. First, there is a problem of feasibility and, second, there is a problem of scale. First of all, the scale is also different from the level that was laid off last year. At this time, the Minister of Land, Infrastructure and Transport, Byun Chang-heum, claimed that there was an area of ​​possible development as large as the city of Bun-Nun in the center of the city, but only about 500 homes actually led to the provision of housing. After being nominated as a candidate in December last year, Minister Byeon said, “The semi-industrial area of ​​Seoul has sufficient development conditions with a scale of 20 ㎢ similar to that of the city of Bun-Nun.”

However, on the 31st, two areas in Chang-dong, Dobong-gu, were selected as candidates for full industry development (residential-industrial convergence zone), which only supply 213 households and 334 households, respectively. The distribution of semi-industrial sites in 25 autonomous districts of Seoul is Geumcheon-gu (26.15%), the widest with 4.11 million square meters, followed by Seongdong-gu (22.82%), Guro-gu (15.41%) and Yeongdeungpo. -gu (8.78%).

The bigger question is whether this policy can pay off. Confidence in the public fell to the ground due to allegations of speculation from LH. Furthermore, before the Seoul mayor’s by-election, both the opposition and the opposition candidates are against the current government’s stance, raising doubts as to whether the government’s unilateral announcement will be effective.

Dae-jung Kwon, a real estate professor at Myongji University, said: “There is a high possibility that the local population will not be able to follow the government announcement smoothly.” Even if it is changed, there is a high possibility that the residents will go to the constitutional appeal. ”

In announcing new candidates for the project, there is no countermeasure to relocate existing residents. Considering that at the time of the announcement of the Seoul Jikbangchon station development project in February, the amount of rent available in the surrounding area was also identified and disclosed, and it is assessed that a gap was also exposed in the measurements of immigration in fast promotion. .

The Ministry of Land, Infrastructure and Transport announced that it will guarantee a 30% profitability in places designated as districts after completing the resident consent process within this year. The incentive promised to owners when the 2 · 4 measures were announced is 10 to 30 percentage points. Individual owners are assessed as using property rights as bait to speed up policy implementation.

The fact that there is no process for gathering input from local residents could be a major obstacle to the progress of the project in the future. The urban public housing complex project is designated as a preliminary district only when 10% of the residents agree, and the project is confirmed only after obtaining the consent of two-thirds or more within a year. The project is automatically canceled if the resident’s consent is not obtained within the term. Dobong-gu is a representative place where there was no public opinion meeting.

Lee Dong-jin, head of Dobong-gu, who attended the briefing at the Ministry of Land, Infrastructure and Transport, said: “In the process of recommending candidates, there is a cautious aspect of actively surveying residents or gathering opinions. “. We decided this would be high, and we recommend candidate sites (district office level), and there are no cases where residents have applied directly, ”he said.

[김태준 기자 / 유준호 기자 / 이축복 기자][ⓒ 매일경제 & mk.co.kr, 무단전재 및 재배포 금지]

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