Govt. to designate new housing zones for over 76,000 homes near Seoul

What happened: The government plans to designate six new public housing zones in Gyeonggi Province near Seoul to build more than 76,700 homes, the land ministry said Thursday. Key numbers: More than 76,700 homes across six candidate sites, following an August plan to supply 100,000 new homes. Sites are within 5 kilometers of Seoul's boundaries. Why it matters: The ministry said the sites are in greenbelt areas with diminished conservation value, and Land Minister Hong Jee-sun pledged support to accelerate construction in areas favored by young people and newlyweds.

The government plans to designate six new public housing zones in Gyeonggi Province near Seoul to build more than 76,700 homes, the land ministry said Thursday.

The ministry said the sites are in greenbelt areas with diminished conservation value, and Land Minister Hong Jee-sun pledged support to accelerate construction in areas favored by young people and newlyweds.