The South Korean government announced last August it would supply 300-thousand homes to curb soaring housing prices. <br />And on Friday, it revealed the specific public housing sites where 35-thousand of these homes will be built. <br />For more, our Ko Roon-hee is on the line for us.<br />Roon-hee, tell us the latest. <br /><br /> Ji yoon. <br />The Ministry of Land, Infrastructure and Transport announced this morning that it will supply 35-thousand homes in 17 areas in Seoul, Incheon, and Gyeonggi-do Province. <br /> The ministry aims to provide more than 10-thousand affordable homes just in Seoul… in Songpa-gu District, Gaepo-dong in Gangnam-gu district, and at 9 other sites…which haven't been made public yet. <br /><br />More than 17-thousand homes will be built in Gyeonggi-do Province and 78-hundred in Incheon. <br /> The districts will be confirmed after public inspection and the homes will go on sale starting 2021. <br />Details about the remaining 265-thousand proposed homes will be announced by early next year. <br /><br /> The ministry also announced the areas where these additional homes will be built. <br />200-thousand homes will be built in four to five big residential sites located between Seoul and the new towns of Ilsan and Bundang. <br /><br />This is part of the government's efforts to curb soaring home prices in the capital region over recent months and reduce speculative practices. <br />Jiyoon. <br />
