Seoul to Publicly Release Construction-Start Figures on Mayor’s Office “Housing Supply Dashboard”
Revamp of the “All-in-One Urban Renewal Information” Portal
Rapid Integrated Planning Construction-Start Status to Be Released Starting October 12
Key Urban Renewal Indicators and Project-Site Information at a Glance
The Seoul Metropolitan Government said it will make the “Status of Urban Renewal Projects” dashboard in Seoul Mayor Oh Se-hoon’s office available to the public starting October 12.
The city has revamped its “All-in-One Urban Renewal Information” portal and will publish quarterly data for the public on key project volumes and changes in performance that have been displayed on the mayor’s office dashboard since June, as well as construction-start figures for the Rapid Integrated Planning 2.0 program.
Until now, housing supply statistics from the central government and local governments have focused mainly on the number of units approved, creating a gap between those figures and the supply that residents experience, as there is a time lag before projects actually begin construction and homes are occupied. With this revamp, residents can view key indicators and project-by-project updates in a slideshow on the portal’s main page, making it easy to see how far Seoul’s housing supply projects have progressed.
The information to be disclosed includes: ▲ project volumes by region ▲ annual trends in project performance ▲ construction-start status for the Rapid Integrated Planning 2.0 program by region ▲ monthly construction starts and project sites.
In particular, the city will publish construction-start status by region for the Rapid Integrated Planning 2.0 program, along with monthly construction starts and project sites, so residents can see where construction is actually underway. It will also provide key project volumes and changes in performance, giving residents an overview of the progress of urban renewal projects.
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Myung Nojun, head of the Seoul Metropolitan Government’s Housing Office, said, “We will transparently disclose the progress of urban renewal projects through the All-in-One Urban Renewal Information portal and strengthen trust between the administration and project sites, as well as communication with residents. The Seoul Metropolitan Government will ensure that construction begins on 310,000 homes by 2031, delivering housing supply that residents can see and feel.”
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