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S. Korean gov't to build 110,000 homes in Goyang and Bucheon

2019-05-07 1 Dailymotion

고양 창릉•부천 대장 등 3기 신도시 11만채 짓는다<br /><br />The South Korean government has selected sites to build 110-thousand new homes as part of the New Town Development Plan.<br />These will be near Seoul, most of them in Goyang and Bucheon, plus two other cities.<br />That's in addition to another 190-thousand homes announced last year in an effort to stabilize the housing market.<br />Kim Da-mi has the details. <br />With the government revealing the specific public housing sites, all eyes are on the two sites in the cities of Goyang and Bucheon. <br />"In order to stabilize the housing market through balanced demand and supply, the government has promised to build 300-thousand extra low-priced but quality homes and has now proposed the plan for stage three."<br />Back in September and December, the government announced the sites for 190-thousand new homes. <br />And in this third phase, Changneung-dong in Goyang and Daejang-dong in Bucheon will see 58,000 new homes constructed by 2022. <br />The sites for the first two stages were chosen based on the government's development plan. For the last stage,...being within a 30-minute commute of Seoul was the first qualification... and the sites in Goyang and Bucheon are within one kilometer of Seoul. <br />The ministry said it will further strengthen public transportation systems by extending existing subway lines and establishing new roads and bus rapid transit routes known as S-BRT.<br />The government also will create a family and work friendly environment with plans to run public schools and support start-ups. <br />People can apply for the third-stage homes from 2022.<br />In addition,...in order to prevent market speculation, the sites and surrounding areas will be designated as Land Trade Authorization Areas.<br />KIM Da-mi, Arirang News. <br />

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