Ministry of Land, Infrastructure and Transport, ‘2025 work plan’… 5 key tasks
Plan to supply 110,000 ‘new construction purchase and lease’ households by this year
Main subscription for a total of 28,000 households, including 8,000 households in the 3rd new city
The government announced its stance that it will proceed without a hitch with the government’s ‘supply of 2.7 million households’ policy, including supplying 252,000 public housing units this year.
The Ministry of Land, Infrastructure and Transport announced its 2025 work plan at the Seoul Government Complex on the 13th under the theme, ‘The Ministry of Land, Infrastructure and Transport will create a comfortable daily life for the people and a better tomorrow.’
◆Supply of 252,000 public housing units and 110,000 newly constructed units… Main subscription for 28,000 households including the 3rd new city
First, the Ministry of Land, Infrastructure and Transport will supply a total of 110,000 households for two years from last year to this year, with new construction purchase leases that can be moved in in a short period of time with the LH purchase commitment. To increase the speed of supply, payment will be made preemptively upon commencement of construction, and the recruitment period for tenants will also be accelerated from after completion to three months after construction begins. Through this, the 42,000 households that signed contracts last year will also begin construction as much as possible during the first half of the year.
Subsequently, in order to support rapid project approval by local governments for private housing projects, a real estate development business licensing and licensing support center was established in the first half of this year, and the period during which pre-sales are restricted in cases where a construction company is suspended from business was shortened by half to suspend the project. Shorten the period. In addition, by expanding HUG capital through government investment, we will support the supply of liquidity to the market through additional public guarantees of more than 30 trillion won.
Meanwhile, for stable market management, a price and supply inspection system involving related organizations such as the Ministry of Land, Infrastructure and Transport, the Ministry of Strategy and Finance, and the Financial Services Commission will be operated at all times, and market trends will also be closely monitored through on-site inspections of private expert councils and brokerage firms.
Second, there is a plan to build a foundation for sustainable housing supply. To compensate for the shrinking private housing supply, 252,000 public housing units will be supplied this year, the largest ever, and construction will begin for 74,000 residential units, which is more than 20,000 more than last year. In particular, we plan to complete 20% of the planned volume within the first half of the year so that the effects of licensing and construction can be felt early.
Meanwhile, the main application for public housing for 28,000 households, including 8,000 households in the 3rd new town, is being promoted, district plans for 166,000 households, including Poansan, Uiwang-gun, are approved, and districts for 71,000 households, including Yongin I-dong and Guri Topyeong, are being designated. In addition, it was added that the supply base will be expanded by announcing a new housing site with 30,000 households in the metropolitan area during the first half of the year.
◆Expanding the private housing supply base, including improving the remodeling system… Establishment of special maintenance plan for the first new town within the year
The supply base of the private housing market will also be expanded through revitalization of maintenance projects and recovery of the construction economy. During the first half of this year, the rebuilding diagnosis criteria will be improved to reflect resident inconveniences and changes in the residential environment, and redevelopment requirements will also be improved, such as including unlicensed buildings in the scope of old and defective buildings.
In addition, during the first half of the year, we will also promote system improvements to support the improvement of old houses, such as streamlining remodeling business procedures, establishing a new change permit procedure, and establishing a construction cost verification system.
The 1st new city leading district will complete the establishment of a special redevelopment plan within the year to begin the redevelopment project in earnest, and will also promote the selection of leading districts for local aging planned cities within the year.
Meanwhile, in order to recover the stagnant local construction industry, the mortgage guarantee limit will be raised for CR REITs, which directly purchase unsold homes (appraised value 60% → 70%), and consulting support to improve the screening process (HUG) will be provided. In addition, while looking at trends in unsold housing after completion in local areas, plans to purchase LH and utilize rental housing will also be reviewed.
In addition, to reduce the burden on small and medium-sized construction companies, the guarantee fee for local construction sites will be reduced by up to 20% until the end of the year.
An official from the Ministry of Land, Infrastructure and Transport said, “Accurate construction performance statistics for 2024 will be released at the end of January, so we will be able to inform you then, but the construction start and completion performance exceeds the previous year’s performance (242,000 households and 436,000 households, respectively).” The licensing sector is also expected to be higher than the previous year’s level (429,000 households), driven by the public sector despite downward pressures such as the economic downturn. “I can see it,” he explained.
He continued, “The initial goal of public housing licensing was to license 140,000 households last year, but it is understood that 130,000 households were achieved, and in the case of construction commencement, about 51,000 households were originally planned, but it is reported that the number exceeds 52,000 households. He added, “We are making various efforts to achieve the goal of 2.7 million households.”
[서울=뉴시스]