Seoul Accelerates Digital Transformation in Maintenance Projects... Electronic Consent Forms and General Meeting Support
Expanded Support for Online General Meeting Costs
Full Subsidy (100%) for Associations Able to Begin Construction Within Three Years
Comprehensive Launch of Electronic Signature Consent Support
The Seoul Metropolitan Government will significantly expand its support for the costs of “electronic voting and online general meetings” for redevelopment and reconstruction associations, and will newly launch an “electronic signature consent support project” to collect consent forms electronically at the early stages of such projects.
The city announced that, starting June 22, it will begin recruiting associations to participate in the “2026 Maintenance Project Electronic Voting and Online General Meeting Activation Program.”
This initiative provides financial support to help redevelopment and reconstruction associations more easily implement and use electronic voting and online general meetings. Last year, the city covered up to 50% of implementation costs (up to 10 million won per district) for these electronic processes.
Notably, from this year, the support will be expanded to focus on key sites that can begin construction within three years. Among the 85 “core supply strategic projects” designated by Seoul, 70 associations—as well as those managed through city and district Fairness Promotion Committees that are able to start construction between 2026 and 2028—will receive full (100%) subsidies for online general meeting costs.
To achieve its goal of commencing construction on 310,000 housing units by 2031, the city selected 85 districts (with a combined scale of 85,000 units) in February as key supply strategic sites for intensive management. Associations outside these core projects will receive basic support covering 50% of costs, but if they meet criteria for increased support, the subsidy can be raised to up to 100%.
If both electronic voting and online general meetings are used together, associations with 1,000 members can receive up to 17.6 million won in support. The criteria for increased support include: ▲first-time use of electronic methods, ▲whether the agenda is of significant importance, and ▲efforts to reduce costs (such as not providing attendance allowances or not using promotional staff (OS)).
According to results from associations that participated in last year’s “Electronic Voting and Online General Meeting Project,” general meeting costs were reduced by up to 53%. The pre-voting period for meetings was shortened from about four weeks to an average of 13 days, and the participation rate in electronic voting averaged 56.3%.
The proportion of written resolutions submitted dropped from an average of 64.5% to 15.8%, reducing the manpower and time required for tasks like sending registered mail and vote counting.
Additionally, the city will officially launch the “Maintenance Project Electronic Signature Consent Support Project” to streamline the consent form collection process, which often consumes significant time and resources in the early stages of projects.
The project will support managing bodies so that they can collect planning proposal consent forms using electronic signatures. For selected locations, comprehensive services will be provided: system setup and operation for electronic signature consent, establishment of electronic registers for land and property owners, submission, aggregation, and storage of consent forms, and real-time monitoring of consent rates.
Eligible applicants include districts pursuing expedited integrated redevelopment or reconstruction, as well as public redevelopment or reconstruction projects. Eight sites will be selected on a first-come, first-served basis from among those recommended by local district offices.
The responsible entities do not need to apply separately; district offices will confirm their intent to participate and recommend sites to the Seoul city government only if all selection criteria are met.
Hot Picks Today
"What's the Use of a Crowded Incheon Airport?" No Cash Bonanza... Suffering at '8,987 Won per Passenger' Leads to Lawsuit Worth 100 Billion Won [Why&Next]
- Already Expensive..."I Eat Two Eggs Every Morning—This Is Too Much": Early Heatwave Sparks Egg Price Fears
- Thought to Be a Thief, but Actually the Culprit in a 17-Year-Old Cold Case... Caught Through DNA Match
- "Hair Pulling and Kicking Are Routine... 'Nine in a 5-Pyeong Cell'—Sweltering Reality at Cheongju Women’s Prison [Reportage]"
- Foods That Make Your Face Look Worse, According to a Plastic Surgeon... What Ranked Above Ham and Ramen?
Choi Jinseok, Director of the Housing Policy Office at Seoul Metropolitan Government, stated, “This year, we will expand support for electronic signature consent and electronic voting/online general meetings. By shortening the period from consent collection to general meeting resolutions through electronic means, and by focusing support on associations able to commence construction within three years, we will accelerate project implementation and ensure stable housing supply.”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.