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Administrative Notice of the Ministry of Lands, Infrastructure and Transport
The Ministry of Land, Infrastructure and Transport announced on day 3 that it is planning to improve the system to revitalize the maintenance project linked to private rent with public support, which is one of the city’s old maintenance projects.
The Ministry of Land, Infrastructure and Transport recently announced an amendment to the “Working Guidelines on Public Private Rental Housing, etc.” to increase the incentive for this project.
This project is a combination of the old ‘Newstay’ business type rental housing with the maintenance business, and if the government grants incentives such as subsidizing the house and raising the proportion of floor space, the business type rental business buys sales generals of the union and makes it public. Supply for rent. Public Assistance Private rental is a rental business that strengthens advertising and reduces excess profits instead of new stadiums.
The revised bill clearly stated that the benchmark for determining the selling price of the general selling price between the union and the commercial leasing operator is based on the market price of the project’s execution plan. Currently, it is based on the date of the signing of the trade agreement between the union and the commercial operator in accordance with the internal regulations of the Housing and Urban Guarantee Corporation (HUG). However, there were also complaints that the standard was unclear and that the trade deal was too early and short term, so the union could not receive a reasonable price.
A related official from the Ministry of Lands, Infrastructure and Transport explained: “There is no standard to determine the general presale sale price for the maintenance project linked to publicly sponsored private rental.
Unions and lenders must make a reservation to negotiate within 3 months of the project execution plan or notice, and the business contract must be signed within 2 months of the notice of the management readiness plan, but the amendment of the guidelines increased the time limit to 6 months each. The intention is to avoid loss of business by giving enough time. Furthermore, there was a clear regulation that could revoke the zoning of companies where the source of purchases and guarantees from lenders was inappropriate.
/ Reporter Ahn Chan-gyu [email protected]
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