Gwangmyeong Sets Remodeling Permit Cap at 13,000 Units by 2030

Establishment and Announcement of the Multi-Family Housing Remodeling Master Plan
Phased Project Management to Disperse Relocation and Minimize Burden on Infrastructure

The city of Gwangmyeong in Gyeonggi Province has set a total cap of 13,000 units for remodeling permits for apartment complexes and other multi-family housing by 2030.

On January 5, the Gwangmyeong city government announced that it has established and published the “Gwangmyeong City Multi-Family Housing Remodeling Master Plan” to systematically promote the remodeling of aging multi-family housing and to create a pleasant residential environment.

The master plan presents mid- to long-term directions and implementation standards to promote the remodeling of aging multi-family housing where reconstruction is difficult under the Housing Act.

The master plan includes: ▲ the goals and basic direction of the remodeling master plan ▲ review of related plans such as the city’s basic urban plan ▲ status of multi-family housing eligible for remodeling ▲ demand forecasts for remodeling ▲ review of the impact on infrastructure ▲ phased implementation strategies for remodeling ▲ strategies for creating low-energy, long-life multi-family housing ▲ support measures for remodeling ▲ urban landscape management guidelines ▲ review standards for complexes exceeding the legal maximum floor area ratio.

According to the plan, there are 85 multi-family housing complexes in the Gwangmyeong area that are at least 15 years old and eligible for remodeling, totaling 68,262 units. Of these, 46 complexes, or 39,571 units, are over 30 years old, accounting for 58% of the total number of units.

The city has set a total remodeling permit cap of 12,989 units by 2030, taking into account the number of units that can be relocated. If the number of permits requested exceeds the cap for each phase, the city will apply a priority evaluation standard to select the complexes to proceed with remodeling.

For the first phase of the project, to be completed by 2027, five complexes totaling 2,982 units have been included: Cheolsan Hanshin (1,568 units), Ssangma Hanshin (384 units), Haan Hyundai (841 units), Gwangmyeong Shinwon (2,351 units), and Mido 3rd Complex (220 units).

Based on the master plan, the city plans to strengthen administrative support for the complexes promoting remodeling and systematically manage the entire project. Kim Namsook, head of the Housing Division at Gwangmyeong City, stated, “This master plan is the starting point for improving the residential environment of aging neighborhoods and enhancing the quality of life for citizens,” adding, “We will pursue sustainable housing policies together with our citizens.”

Details of the master plan can be found on the Gwangmyeong City website under “Information by Category - Real Estate & Urban Development - Housing - Housing Construction - Multi-Family Housing Remodeling Master Plan.”