[2025-12-14]Ministry of Land to Start Construction of 50,000 Homes in Seoul Metropolitan Area Next Year
The Ministry of Land, Infrastructure and Transport announced that it will start construction of over 50,000 homes in public housing sites in the Seoul metropolitan area next year and begin occupancy of the third new town.
Additionally, to revitalize local areas, the ministry will announce the second phase of public institution relocation plans next year and start immediate relocation from 2027, while significantly expanding local transportation infrastructure.
The ministry aims to strengthen housing welfare, support the leap of the construction industry, and actively back the overseas expansion of K-construction.