Oh Se-hoon Visits Redevelopment Area: “Seogye and Cheongpa Projects to Add 1,695 Homes... A Solution for Housing Supply”

Visit to Seogye and Cheongpa-dong Maintenance Project Site in Yongsan-gu, Seoul
Reviewing Project Progress and Listening to Residents’ Voices
Seven Private Maintenance Projects Underway, Including Integrated Planning and 'Moatown'
Net Increase of 1,695 Units from Just Six Finalized Sites

On August 11, Seoul Mayor Oh Se-hoon visited a maintenance project site in the Seogye and Cheongpa-dong areas of Yongsan-gu to inspect improvements made to the aging residential neighborhood. He also emphasized the significant positive impact that reconstruction and redevelopment projects have on housing supply.

On this day, Mayor Oh toured the area with residents, personally observing the living environment, including narrow alleys that are difficult for fire trucks to access, steep slopes, and old homes. Afterwards, he held a roundtable discussion at the Cheongpa 2 redevelopment association office with about 30 participants, including members of the G3 Planning Committee’s Residential Stability Subcommittee, heads of maintenance associations, and residents. They discussed enhancing project profitability, expediting permits and approvals, and easing loan regulations for relocation expenses.

Seoul Mayor Oh Se-hoon held a meeting with residents during his visit to Shindonga Apartment in Yangpyeong-dong, Yeongdeungpo-gu, Seoul, which is scheduled for reconstruction, on the 16th of last month. Photo by Yonhap News

Seven Private Maintenance Projects Including Integrated Planning and 'Moatown' Underway... 6 Sites Finalized, Net Increase of 1,695 Units

Currently, in the Seogye and Cheongpa-dong area, seven resident-selected private maintenance projects—such as rapid integrated planning redevelopment and 'Moatown'—are underway. Excluding the Cheongpa 3 zone, where the number of new housing units is still undetermined, the other six areas are expected to see an increase from 6,393 to 8,088 households, a net increase of 1,695 units.

Seogye and Cheongpa-dong are representative low-rise residential neighborhoods that formed near Seoul Station, as residents moved to Seoul for work during the city’s industrialization and urbanization in the 1960s. After the "New Town Exit Strategy" of 2012, redevelopment projects were scrapped and shifted to urban regeneration, but poor living conditions have persisted for nearly 20 years.

The Seoul Metropolitan Government plans to redevelop the long-stalled Seogye and Cheongpa-dong areas through rapid integrated planning and 'Moatown,' utilizing approaches tailored to resident preferences, and to establish the area as a key residential zone on the western side of Seoul Station. By applying the current floor area ratio to the Seogye integrated district, the city secured about 50 more units than previous plans, and in the Cheongpa 2 district, the establishment of a direct association—bypassing the preliminary committee stage—has shortened the project period.

For the Moatown project at 116 Seogye-dong, a zoning change is being promoted from Class 3 General Residential to Semi-Residential, and the number of units will be increased by 327, from 172 to 499 households.

Seoul to Start 253 Maintenance Projects and 310,000 Homes by 2031... Net Increase of 87,000 Homes After Demolition

According to an analysis by the Seoul Metropolitan Government, not only in Seogye and Cheongpa-dong but also throughout the city, maintenance projects have resulted in a net housing supply increase. Over the past three years, the 59 completed maintenance projects added about 20,000 units—a 36.4% rise compared to pre-project numbers. Of this total, redevelopment accounted for about 7,000 units and reconstruction for around 13,000 units. Across the 253 maintenance project sites scheduled to begin construction by 2031, approximately 310,000 new units are planned.

Even after accounting for demolished units, Seoul City estimates a net increase of about 87,000 units. Of these, 48,000 will be secured as rental housing, expanding residential stability for young people, newlyweds, and citizens without homes. Mayor Oh stated, "Given the shortage of available land in Seoul, maintenance projects are practically the only large-scale supply solution, and I will ensure these plans translate into actual changes in residential life, from groundbreaking to occupancy."

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