Seongnam City to Select 25,000 Units for Bundang Reconstruction...Shin Sang-jin Pledges to Reduce Residents' Burden

Seongnam City Announces 2027 Bundang Special Redevelopment Zone Designation Plan
10,000 Units to Be Selected for 2027; Final Decision on Designation Set for Next September
Pre-selection of 5,000 Units Annually as Preliminary Zones from 2028 to 2030

Seongnam City in Gyeonggi Province (Mayor Shin Sang-jin) will select around 25,000 units as special redevelopment zones for the renovation project of the aging planned city in Bundang. This includes approximately 10,000 units scheduled for redevelopment in 2027 and an additional set of preliminary special redevelopment zones to be pre-selected for about 5,000 units each year from 2028 to 2030.

View of the aged planned city in Bundang. Provided by Seongnam City

On September 28, Seongnam City announced the “2027 Bundang Aging Planned City Special Redevelopment Zone Designation Plan,” including these provisions. The advance selection of preliminary zones is being introduced to allow residents to better anticipate the project schedule and to reduce the burden of submitting designation applications year after year.

Proposals for designation can be made by either the residents' representative committee of Bundang’s special redevelopment target zones or by prospective project operators. They must obtain the consent of a majority of landowners in the designated zone. Applications to consult on the draft special redevelopment plans will be accepted from May 10 to 14, 2027, and final submissions for the full plan can be made from July 7 to 9. Documents must be submitted in person at the New Town Redevelopment Division on the 6th floor of Seongnam City Hall’s East Building.

Seongnam City will conduct a relative evaluation process and determine in September 2027 both whether to select each zone and the timing of any designation. For zones selected for designation in 2027, the city will proceed with public viewing for residents, solicit opinions from the City Council, coordinate with Gyeonggi Province, undergo review by the Urban Planning Committee, and then designate and officially notify the zones in December of the same year.

For the 2028 to 2030 preliminary special redevelopment zones, proposals must be resubmitted in the scheduled designation year. Of the approximately 10,000 units planned for yearly redevelopment in each of these years, the roughly 5,000 units not covered by preliminary zone selection will be selected through a separate public announcement. However, even if a zone receives a high evaluation ranking, it may not be designated if the zone’s scale exceeds the annual target number of units, depending on the outcome of consultations with relevant agencies.

Mayor Shin Sang-jin stated, "In a situation where there is considerable interest and competition among residents regarding Bundang’s reconstruction, we have been working together to find ways to reduce residents' inconvenience and burden while improving the predictability of the project," adding, "We will actively support residents so they can prepare and implement the reconstruction project with greater stability."

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