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Incheon extends land transaction permit zone for Guwol 2 Public Housing District by one year, aiming to block speculation and protect genuine buyers
AI 3-line summary
- Incheon has decided, after deliberation by the Urban Planning Committee, to re-designate the land transaction permit zone for the Guwol 2 Public Housing District for one year.
- The zone covers a total of 5.43 km² across Seonhak-dong in Yeonsu-gu and Guwol-dong, Namchon-dong and Susan-dong in Namdong-gu, and remains in effect until 20 September 2027.
- Land exceeding the standard area within the zone requires approval from the district head, and housing may only be acquired for two years of owner occupancy.
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Read the full article (machine translation) → Original article (Korean): 인천시, 구월2 공공주택지구 토지거래허가구역 1년 연장, 투기 차단·실수요자 보호 주력
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