Applications Open to All Adult Homeless Households Nationwide Without Subscription Savings Account
For Units Ranging from 49㎡ to 84㎡
Applications Accepted June 15-16

Gwangju Urban Corporation will offer 20 remaining uncontracted units at the Seonun District Dasaroum public rental apartment complex through a non-priority (post-lottery) supply. Any adult without a home in Korea, regardless of whether they have a subscription savings account, is eligible to apply.


According to Gwangju Urban Corporation on June 8, the supply includes 15 units of 49㎡, 2 units of 76㎡, and 3 units of 84㎡, totaling 20 units. These are vacant units available for re-supply due to contract cancellations and other reasons after the 10-year public rental-to-sale conversion period.

Gwangju Urban Corporation Offers 20 Remaining Units at Seonun District Dasaroum Through Non-Priority Supply View original image

As of the date of the tenant recruitment announcement (June 8, 2026), any adult member of a homeless household living anywhere in Korea can apply without a subscription savings account. If there are still unsold units after this round, Gwangju Urban Corporation plans to offer the remaining units on a first-come, first-served basis, allowing applicants who already own a home to select their preferred building and unit.


The sale prices have been determined through an appraisal process. The 49㎡ units are priced between 181 million and 192.5 million won, the 76㎡ units are up to 278.5 million won, and the 84㎡ units are up to 295.5 million won. Upon signing the contract, applicants must pay 10% of the sale price as a deposit, with the remaining 90% due by September 28, which is within 90 days of the contract date, in order to move in.


Successful applicants will be selected through a computerized random lottery. Along with the 20 available units, 180 preliminary candidates will also be chosen at the same time.


Applications can be submitted online via the Korea Real Estate Board's 'Subscription Home' website and mobile app during the two-day period from June 15 to June 16. Winners will be announced on June 19, document submission will take place from June 22 to June 24, and contract signing will be held from June 26 to June 29.


Those selected will face a three-year restriction on winning future lotteries, and the sale rights cannot be transferred before the ownership registration is complete.


Gwangju Urban Corporation will accept payment for the units only through a designated Gwangju Bank account. If the balance is not paid within the deadline, a late fee of 6.5% per year will be charged. If payment is more than three months overdue after the deadline, the contract will be canceled and a 10% penalty will be imposed.



The units supplied in this offering will be handed over in their current condition as vacated by previous tenants. Buyers may not request repairs for issues such as wallpaper, flooring, or aging of interior facilities. Before the application period begins, Gwangju Urban Corporation will open a sample unit for viewing on June 12.


This content was produced with the assistance of AI translation services.

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