Where Will the 73,000-Unit Housing Sites Be? Gyeonggi Greenbelts Considered 'Likely'

[Anchor]

As Seoul is likely to be excluded from the upcoming additional housing supply areas to be announced as early as late next month, attention is focusing on where the candidate sites will be. Greenbelt areas in the Gyeonggi region close to Seoul are being discussed as strong candidates.

Here is a report by reporter Jeon Hyeong-u.

[Reporter]

This is the area around Gambuk-dong in Hanam, Gyeonggi Province.

Low-rise houses surrounded by greenbelts are located here.

It is one of the metropolitan area greenbelts designated as land transaction permission zones by the government during the August 13 real estate measures.

The Gambuk district in Hanam, along with the area around Daegok Station in Goyang, is pointed out by the industry as a likely supply candidate site.

It is adjacent to Songpa-gu and Gangdong-gu in Seoul, and is not far from Dunchon Oryun Station on Seoul Subway Line 9.

In 2010, the government tried to create a Bogumjari housing district to supply 20,000 households, but development was once canceled after residents went as far as filing lawsuits to oppose it.

Residents now say the atmosphere has changed, showing expectations for the lifting of greenbelt restrictions and housing supply.

[Resident, Gambuk-dong, Hanam, Gyeonggi Province: This place has great location conditions and good transportation. Hasn't it been restricted as a greenbelt for a very long time? Isn't it about time for it to be lifted?]

Including this location, greenbelts in 10 cities in Gyeonggi Province, including Seongnam, Uijeongbu, Gwangmyeong, Goyang, and Gimpo, as well as Gyeyang-gu in Incheon, were additionally designated as land transaction permission zones during the last policy announcement.

With it confirmed that there are no greenbelts in Seoul among the 73,000 units to be announced by the government, the vast majority of the additional volume is expected to be in the Gyeonggi region.

[Nam Hyeok-woo / Woori Bank Real Estate Research Institute: What the market considers most important is short-term supply. For prospective buyers who had expectations for supply in Seoul, there may be a part of them that feels somewhat disappointed.]

However, there is a possibility that idle sites within Seoul, including the Tancheon Water Reclamation Center proposed by the Seoul Metropolitan Government, or public institution relocation sites, may be added in the future.

Another variable is that the Seoul Metropolitan Government stated that it could consider lifting restrictions on already damaged greenbelts on the premise that the government withdraws its policy to supply housing in Yongsan Park.

(Video capture: Kim Seung-tae | Video editing: Kim Jin-won | VJ: Jeong Han-wuk)
※ Please note: This article was translated by AI and may contain errors.