Seoul's Seongbuk-gu said the Seoul Metropolitan Government has newly designated, redesignated and adjusted land transaction permit zones covering Moa Town and rapid-integrated-planning development areas within the district, under Article 10 of the Act on the Report and Management of Real Estate Transactions.
The measures are intended to preemptively block speculative transactions in areas slated for development and to ensure the smooth progress of projects while stabilizing the local real estate market. The details are contained in Seoul Metropolitan Government Public Notice No. 2026-2289, issued Aug. 6.
The newly designated zone covers the Moa Town candidate site around 207-1 Seokgwan-dong. The designation runs for five years, from Aug. 11 through Aug. 10, 2031, and is limited to land classified as "road" within the Moa Town project zone.
In addition, four rapid-integrated-planning housing redevelopment zones that had previously been designated as land transaction permit zones were redesignated without any change to their scope.
The four sites are the areas around Jangwi-dong 224-12, Jeongneung-dong 710-81, Samseon-dong 1-ga 277 and Jeongneung-dong 898-16. Their designation period runs from Aug. 31, 2026, through Aug. 30, 2027.
Adjustments were also made to some permit zones following changes to project boundaries. The rapid-integrated-planning redevelopment zone around Jangwi-dong 219-90 was redesignated with an adjusted scope, with a designation period running from Aug. 31, 2026, through Aug. 30, 2027.
Three Moa Town candidate sites — the areas around Jangwi-dong 219-15, Hawolgok-dong 40-107 and Samseon-dong 3-ga 42-7 — also had their permit zones adjusted to reflect changes in project boundaries. Their designation periods remain unchanged, running from Feb. 17, 2026, through Feb. 16, 2031.
The effective dates differ by category. Parcels newly incorporated through this adjustment take effect Aug. 11, while parcels excluded from the permit zones took effect Aug. 6.
Once an area is designated as a land transaction permit zone, any contract to transfer or establish ownership or superficies rights for compensation on land exceeding a set area threshold within the zone requires prior approval from the district mayor. The applicable area thresholds are 6 square meters for residential zones and 15 square meters for commercial zones.
Anyone who concludes a land transaction contract without the required permit, or who obtains one through fraudulent means, may face up to two years in prison or a fine of up to 30 percent of the individual publicly assessed land price at the time the contract was signed.
"The new designation, redesignation and adjustment of land transaction permit zones are measures to curb speculative demand in development areas and strengthen the public interest and stability of the projects," a Seongbuk-gu official said. "Residents and interested parties planning land transactions are strongly advised to confirm whether their transaction requires a permit before signing any contract."
For further details, including how to apply for a land transaction permit, residents may contact the Real Estate Management Team of the Real Estate Information Division at Seongbuk-gu District Office.
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