Gwangjin District Approves First Housing Association in Inaugural Moa Town... 467 Units

Jayang Hangang B Zone 3 Aims to Begin Construction by 2030

Gwangjin District of Seoul (District Mayor Kim Kyungho) announced on the 18th that it had approved the establishment of a housing association for Zone 3 of the “Jayang 2-dong 649 Block Moa Town (Jayang Hangang B),” the first Moa Town in the district, as well as for the street housing redevelopment project in the Jayang-dong 648 Block. This marks the first approval for a housing association within a Moa Town in Gwangjin District.

Layout plan (draft). Provided by Gwangjin District.

Jayang Hangang B, the first Moa Town in Gwangjin District, had its management plan approved and announced on April 30. It consists of a total of five zones covering an area of approximately 95,352 square meters. Upon completion of the project, about 2,325 Moa housing units (including 501 rental units) will be built across buildings of three underground levels and up to 35 stories above ground.

The newly approved Zone 3 will supply 467 units (including 90 rental units) in buildings of three underground levels and up to 35 stories above ground, targeting groundbreaking by 2030. The district explained that, starting with Zone 3, it plans to sequentially complete the establishment of associations for the remaining Zones 1, 2, 4, and 5 within August.

Once the project is underway, the land use zoning will be upgraded from Type 2 General Residential Area to Type 3 General Residential Area, raising the floor area ratio from 250% to 300%. Ttukseom-ro 54-gil, the main road, will be expanded from the current 6 meters to a maximum of 14 meters, and adjacent streets will see the creation of pedestrian walkways of at least 3 meters using setback spaces. The district stated that to secure a view corridor in accordance with the Han River waterfront management plan, it will apply building setback lines and high-rise wall limits to ensure river views and a sense of openness.

District Mayor Kim Kyungho commented, "This is highly significant as it marks the first approval for a housing association within Gwangjin District's Moa Town," adding, "Going forward, we will spare no administrative support to ensure the project proceeds smoothly. By accelerating housing supply through the Moa Town project and making tangible improvements to the residential environment, we will make Gwangjin a better place to live."

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