Yongsan District Approves Management and Disposition Plan for 50-Year-Old Sanho Apartment Reconstruction

Up to 35 Stories and 679 Households
Relocation and Demolition Procedures to Proceed in Parallel

Yongsan District Office in Seoul (District Mayor Kim Kyungdae) announced that it approved the management and disposition plan for the Sanho Apartment Reconstruction and Maintenance Project located at 118-16 Wonhyo-ro 4-ga on August 10 and officially published it on August 14.

Perspective view of Sanho Apartment Reconstruction. Provided by Yongsan District Office.

With this approval, the Sanho Apartment complex is now poised to proceed with its reconstruction project, which will consist of up to 35 stories and a total of 679 households. Sanho Apartment, an aging collective housing complex completed in 1977, is situated along the Hangang waterfront and near the Yongsan International Business District.

The project received official approval for the project implementation plan on March 29, 2024. However, selection of the construction company was somewhat delayed, and since February of last year, the process for obtaining approval of the management and disposition plan, including the selection of an appraisal company, began in earnest.

The management and disposition plan approval involves nine steps, such as property appraisal, allocation to union members, and a validity review of the plan. According to Yongsan District Office, although the standard processing period is set at 1 year and 9 months under the Seoul Metropolitan Government’s Fast-Track Integrated Planning schedule, the project was completed in just 1 year and 6 months, from February last year to August this year. The district attributed this to administrative support, cooperation from the association, and consultation with related agencies.

Going forward, the association will carry out procedures for amending the maintenance plan and conducting integrated reviews in accordance with the ‘2040 Seoul Urban Master Plan.’ Relocation and demolition procedures will also proceed in parallel.

District Mayor Kim Kyungdae stated, “The approval of the management and disposition plan for Sanho Apartment is a meaningful achievement made possible by expedited administrative support and collaboration with the association. We will continue to offer full administrative assistance to ensure that the remaining steps—such as project plan amendment, relocation, and demolition—proceed smoothly.” He added, “We hope Sanho Apartment, taking advantage of its location along the Hangang and near the Yongsan International Business District, will become a representative residential complex for Yongsan.”

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