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Re-designation of 67 'land transaction permit zones' including public re-development and rapid integration planning areas

2024.12.17 AM 10:05
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In order to block real estate speculation, the Seoul Metropolitan Government has re-designated 67 areas, including areas subject to public re-development and rapid integration planning, as land transaction permits.

As a result, you must obtain permission from the head of your jurisdiction to trade properties of a certain size or larger by January 28, 2026.The city of

will cancel the designation of land transaction permits for 6,700㎡ areas that promote small street housing maintenance projects in Cheonho-dong, Gangdong-gu, and Singil-dong, Yeongdeungpo-gu, which has not been selected as a candidate for rapid integrated housing redevelopment.

The Seoul Metropolitan Government explained, "It is an inevitable choice to block speculative transactions and rapid rise in land prices."



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