REAL ESTATE

Guro, Geumcheon reconstruction projects accelerate as Seoul approves 3,690 new homes across four sites

by
Yoon Sung-hyun
Published : June 5, 2026 - 09:40:23
    • Copy Completed!

View Korean Original

Seoul Metropolitan Government holds 11th integrated urban renewal review committee

Onsudong Daeheung, Seongwon and Dongjin villas to be transformed into 1,453 units

Siheungdong Mujigae Apartments to be rebuilt as 906-unit complex

Mixed-use redevelopment planned for Namyeong-dong and Namseong Station area

Daeheung Villa in Onsudong [Naver Road View capture]
Daeheung Villa in Onsudong [Naver Road View capture]

Aging villas in Onsudong, Guro-gu, Seoul are set to be rebuilt as a high-density residential complex of up to 44 stories and 1,453 units. The Mujigae Apartments in Siheungdong, Geumcheon-gu, will also be rebuilt as a 906-unit complex. Redevelopment is advancing in the Namyeong-dong business district in Yongsan-gu and the transit-oriented area around Namseong Station in Dongjak-gu as well, bringing the total supply across all four project sites to 3,690 units.

The Seoul Metropolitan Government said Thursday it conditionally approved four projects at the 11th session of its integrated urban renewal review committee, held Wednesday: the Onsudong Daeheung, Seongwon and Dongjin Villa reconstruction project; the Mujigae Apartment area reconstruction project; the Namseong Station A transit-oriented revitalization project; and the Namyeong-dong Business District Zone 2 urban renewal redevelopment project.

The Onsudong Daeheung, Seongwon and Dongjin villas will be transformed into a 1,453-unit complex, comprising 1,370 pre-sale units and 83 public housing units. The site has faced setbacks since receiving project implementation plan approval in November 2018, largely due to complications surrounding the relocation of transmission towers at the Onsu substation. In January, the city resolved the viability issue by revising the improvement plan to upgrade the zoning from second-class to third-class general residential and applying a project feasibility adjustment coefficient.

A rendering of the planned 1,453-unit high-density residential complex to replace the Daeheung, Seongwon and Dongjin villas in Onsudong, Guro-gu, Seoul. [Seoul Metropolitan Government]
A rendering of the planned 1,453-unit high-density residential complex to replace the Daeheung, Seongwon and Dongjin villas in Onsudong, Guro-gu, Seoul. [Seoul Metropolitan Government]

The Mujigae Apartments in Siheungdong, completed in 1980, will be rebuilt as a complex of up to 35 stories with 906 units — 819 for pre-sale and 87 for rental. The complex was selected in 2013 as a pilot site for Seoul's special architectural zone program, which aims to introduce creative building design. It has since cleared a series of planning milestones: designation as an improvement zone in 2017, and designation as a special architectural zone along with project implementation plan approval in 2021.

The approved plan incorporates a skyline design intended to harmonize with the surrounding landscape, along with open spaces and pedestrian-centered areas linking the interior and exterior of the complex. The city plans to create a major street axis anchored by public open space and pedestrian pathways, and to place open-access community facilities along key streetfronts to activate the local community and pedestrian environment.

A rendering of the reconstruction project for the Mujigae Apartments at 109-1 Siheungdong, Geumcheon-gu, which will be rebuilt as a complex of up to 35 stories with 906 units. [Seoul Metropolitan Government]
A rendering of the reconstruction project for the Mujigae Apartments at 109-1 Siheungdong, Geumcheon-gu, which will be rebuilt as a complex of up to 35 stories with 906 units. [Seoul Metropolitan Government]

Redevelopment of the Namyeong-dong business district and the Namseong Station transit-oriented area is expected to supply a combined 1,331 units.

Along Hangang-daero in the Namyeong-dong Business District Zone 2, a mixed-use complex of up to 42 stories and 672 units is planned, combining residential, office and commercial functions. Of those, 80 units will be public housing.

A single office tower of up to 35 above-ground floors will also be built on the site, with retail and fitness facilities on the first basement level through the first above-ground floor. Through public contribution, the project will also introduce roughly 15,000 square meters of public rental office space and a roughly 5,700-square-meter Namyeong-dong multipurpose civic building.

The site sits along Hangang-daero adjacent to subway lines 1 and 4. The zone was first designated as an improvement district in 2022 and received association establishment approval in 2023. Project conditions subsequently improved after the "2030 Seoul Metropolitan City Urban and Residential Environment Improvement Master Plan" was applied to the area.

Last November, the city published a revised master plan that raised allowable building heights based on the hierarchy of central districts and extended the exclusion of floor-area-ratio restrictions — previously applied only within the city center — to areas outside the city center as well.

A rendering of the Namseong Station A transit-oriented revitalization redevelopment project. The site will include 659 apartment units along with officetels, neighborhood commercial facilities and cultural facilities. [Seoul Metropolitan Government]
A rendering of the Namseong Station A transit-oriented revitalization redevelopment project. The site will include 659 apartment units along with officetels, neighborhood commercial facilities and cultural facilities. [Seoul Metropolitan Government]

The area around 252-15 Sadang-dong, north of Namseong Station, will be redeveloped into a mixed-use residential hub featuring a complex of up to 37 stories. The project will include 659 apartment units as well as officetels, neighborhood commercial facilities and cultural facilities. The city plans to create public open space linked to public plazas and install a new Exit 4-1 at Namseong Station to foster a pedestrian-centered, safe and pleasant environment.

[영상] “200평인데 4억?” 가평 저택, 주인 찾을까[부동산360]

[영상] “200평인데 4억?” 가평 저택, 주인 찾을까[부동산360]

경·공매 데이터업체 지지옥션에 따르면 경기도 가평군 청평면 대성리에 소재한 200평이 넘는 규모의 토지 및 주택과 토지가 일괄매각되어 4억원에 경매에 나왔다.
https://biz.heraldcorp.com/article/10758804


quq@heraldcorp.com
This content was produced with the assistance of AI translation services.

MOST READ