Gangnam-gu Approves Management and Disposal Plan for Gaepo Jugong Complexes 6 and 7; 2,698-Home Reconstruction Moves Ahead

Relocation to begin in February 2027

Gangnam-gu, Seoul (District Mayor Kim Hyungi) announced on October 13 that it had approved the management and disposal plan for the Gaepo Jugong Complexes 6 and 7 reconstruction project on October 8. The approval came eight days after the Korea Real Estate Board notified the district that it had completed its feasibility review. The district plans to publish the approval details in its district gazette and on its website on October 15.

Architectural rendering of the reconstruction of Gaepo Jugong Complexes 6 and 7. Provided by Gangnam-gu.

The management and disposal plan is a procedure that finalizes which union members are eligible for housing allocations, their shares, and their contributions during reconstruction. Once it is completed, the project can proceed to relocation, demolition, and construction, making it a key stage in the reconstruction process.

The union plans to begin relocating its members in February 2027, followed by asbestos removal and demolition of the existing buildings in the second half of that year. Construction is scheduled to begin in 2028, with move-ins targeted for the second half of 2032. Hyundai Engineering & Construction will serve as the contractor.

Gaepo Jugong Complexes 6 and 7 currently have 1,960 households. After reconstruction, they will be transformed into 2,698 households across 21 buildings, with a maximum height of 35 stories. The plan offers a range of unit sizes, from 45 to 147 square meters, to meet diverse housing needs.

The complexes are near Daechi-dong, Yangjaecheon Stream, Gaepo Neighborhood Park, Daemosan Mountain, and Guryongsan Mountain. They have access to the Suin-Bundang Line and to the Gyeongbu Expressway via Yangjae Interchange.

“Following the approval of the management and disposal plan for Gaepo Jugong Complex 5, approval for Complexes 6 and 7 marks another step forward for the reconstruction of mid-rise apartments in Gaepo-dong,” District Mayor Kim Hyungi said. “We will continue to provide prompt administrative support to reduce unnecessary waiting for residents and ensure the project proceeds without disruption.”

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