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Announced Housing

6 follow-up bills to the '9·7 supply measures' pass the National Assembly — sunset for urban public housing complex projects extended to 2029, unit cap eased for urban-living housing

Source material is a Korean government announcement (in Korean).

6 follow-up bills to the '9·7 housing supply expansion plan' (3 enactments and 3 amendments) passed the plenary session of the National Assembly, extending the sunset for urban public housing complex projects by 3 years to December 2029 and easing the unit cap on urban-living housing.

Key facts

Bills passed 3 enactments (Act on Complex Development of Aging Government Buildings, Act on Complex Development of School Sites, Act on the Maintenance of Vacant Buildings) + 3 amendments (Special Act on Public Housing, Housing Act, Act on Report of Real Estate Transactions)
Sunset for urban complex projects End of December this year → extended by 3 years to December 2029 (the sunset for public housing district development projects in jjokbang (쪽방) concentrated areas is extended by the same period)
Urban-living housing Current limit of fewer than 300 units → fewer than 500 units in semi-residential, commercial and industrial zones; in station areas, up to fewer than 700 units under local government ordinance (applied on a temporary basis through 2030)
Regional housing associations Member recruitment report requirement tightened to land sale contracts covering 80% or more; land ownership threshold for business plan approval applications eased from 95% to 80% or more
Aging government buildings and school sites Complex development of public buildings 30 years or more past completion is institutionalized; idle school sites of about 10,000㎡ are exempt from the district designation procedure under the Special Act on Public Housing
Effective dates The special acts on complex development of aging public buildings and school sites and the amendments to the Special Act on Public Housing and the Housing Act take effect 6 months after promulgation; the Act on Report of Real Estate Transactions 3 months after promulgation; the Special Act on the Maintenance of and Support for Vacant Buildings 1 year after promulgation

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3 enactment bills — the Act on Complex Development of Aging Government Buildings (노후청사 복합개발법), the Act on Complex Development of School Sites (학교용지 복합개발법) and the Act on the Maintenance of Vacant Buildings (빈 건축물 정비법) — and 3 amendment bills to the Special Act on Public Housing (공공주택 특별법), the Housing Act (주택법) and the Act on Report of Real Estate Transactions (부동산거래신고법), all follow-up legislation to the '9·7 housing supply expansion plan' prepared last year, passed the plenary session of the National Assembly. The sunset deadline for urban public housing complex projects (도심 공공주택 복합사업) is extended by 3 years, from the end of December this year to December 2029, and the unit cap on urban-living housing (도시형생활주택), previously limited to fewer than 300 units, is eased to fewer than 500 units in semi-residential, commercial and industrial zones and, for station areas, to fewer than 700 units under local government ordinance (applied on a temporary basis through 2030). For regional housing associations (지역주택조합), the requirement for filing a member recruitment report is tightened to land sale contracts covering 80% or more, while the land ownership threshold for applying for business plan approval is eased from 95% to 80% or more. The special acts on complex development of aging public buildings and school sites and the amendments to the Special Act on Public Housing and the Housing Act take effect 6 months after promulgation, the Act on Report of Real Estate Transactions 3 months after promulgation, and the Special Act on the Maintenance of and Support for Vacant Buildings 1 year after promulgation.

Background — why this change

According to the Ministry of Land, Infrastructure and Transport, these enactments and amendments are legislative tasks under the '9·7 supply measures', focused on expanding housing supply volume and speeding up projects. The Act on Complex Development of Aging Government Buildings is intended to expand public housing and living-convenience facilities in urban areas through complex development using public buildings that are 30 years or more past completion, while the Act on Complex Development of School Sites provides for identifying unused school sites and closed-school land arising from factors such as the decline in the school-age population, and supplying housing, living SOC and small schools together on them. The amendment to the Special Act on Public Housing also introduces a 'restructuring' procedure that converts long-unused non-residential public development land to public housing use. In public housing remodeling projects, electronic voting at general meetings is permitted, and adjacent complexes may be combined to pursue remodeling together. Under the amended Act on Report of Real Estate Transactions, the Minister of Land, Infrastructure and Transport may also designate land transaction permit zones within the same city or province after prior consultation with the mayor or governor, beyond cases of implementing national development projects.

Summaries below are factual notes based on government announcements and primary sources — not evaluations or opinions.

FAQ

How does the unit cap on urban-living housing change?

The current limit of fewer than 300 units is eased to fewer than 500 units in semi-residential, commercial and industrial zones, and in station areas to fewer than 700 units under local government ordinance. This easing applies on a temporary basis through 2030.

When does it take effect?

The special acts on complex development of aging public buildings and school sites and the amendments to the Special Act on Public Housing and the Housing Act are to take effect 6 months after promulgation, the Act on Report of Real Estate Transactions 3 months after promulgation, and the Special Act on the Maintenance of and Support for Vacant Buildings 1 year after promulgation.

What does the Act on the Maintenance of Vacant Buildings change?

In addition to the vacant houses covered at present, non-residential buildings unused for 1 year or more and buildings left abandoned with construction halted are managed together as vacant buildings, and demolition orders by local governments are made mandatory for buildings at risk of collapse or fire. Where a building is donated to a local government or similar body after maintenance, special provisions such as eased floor area ratios are provided, and a vacant-building management business and an urban infill facility (도시채움시설) system are newly introduced.

Primary source

대한민국 정책브리핑 정책뉴스 — 9·7 공급대책 후속법안 국회 통과 www.korea.kr ↗