Kim Yoon-deok: Yongsan Park Excluded from Upcoming 73,000 New Public Housing Sites

By Hong Seung Woo Posted : August 26, 2026, 11:36 Updated : August 26, 2026, 11:36

Kim Yoon-deok, the Minister of Land, Infrastructure and Transport, announced on August 26 that Yongsan Park will not be included in the 73,000 new public housing sites planned for announcement next month.


After meeting with Seoul Mayor Oh Se-hoon, Kim responded to questions from reporters regarding whether Yongsan Park would be part of the new housing sites, stating, "From the beginning, Yongsan Park was not included in the 73,000 units."


Earlier, the government revealed on August 13 its plan to secure over 100,000 new public housing sites in preferred locations, such as near transportation hubs in the metropolitan area.


Among these, the government has already disclosed 27,200 units, including 1,000 units at Yeomchang Park in Gangseo District, 21,700 units in downtown Namyangju, and 4,500 units near Gwangju Station. The remaining sites for the additional 73,000 units will be announced later.


However, Kim refrained from commenting on speculation that the additional sites would be concentrated in the Gyeonggi region.


He noted, "We are in the process of discussions with Seoul City," adding, "It is not appropriate to talk about unconfirmed matters." He further explained, "If I say something, various interpretations may arise in the market, which could lead to distortions, so I am being cautious."


The issue of housing supply at Yongsan Park will be pursued separately from the announcement of the 73,000 units. The Ministry of Land, Infrastructure and Transport has expressed its intention to publicize a plan to utilize some damaged areas of Yongsan Park for housing targeted at young people and newlyweds.


Kim stated, "I do not think it must be Yongsan Park specifically," emphasizing that the search for housing for young people and newlyweds in Seoul includes Yongsan as one of the options. He added, "To supply housing at Yongsan Park, public discourse and cooperation with local governments, including Seoul City and Yongsan District, will be necessary."





* This article has been translated by AI.

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