Dongtan, Giheung, and Guri Designated as Regulated Areas Amid Surging Housing Prices

Three non-regulated areas in the Seoul metropolitan region, including Dongtan-gu in Hwaseong, Gyeonggi Province, where housing prices have recently surged, have been additionally designated as regulated areas and land transaction permit zones.

The Ministry of Land, Infrastructure and Transport announced that it has newly designated three areas—Dongtan, Giheung, and Guri—as speculative zones and adjustment target areas, with the measures taking effect starting tomorrow, July 1.

The ministry explained that it implemented these measures to curb speculative buying, protect actual homebuyers, and respond to the overheating of the housing market.

In addition, Gyeonggi Province plans to designate these three areas as land transaction permit zones from the 5th of next month until December 31, 2027.
※ Please note: This article was translated by AI and may contain errors.