Seoul mayor says to press ahead with housing supply plan

Published Oct 15, 2026 10:59 am KST

Seoul Mayor Oh Se-hoon reviews document before a parliamentary audit held at Seoul City Hall, Thursday. Yonhap

Seoul Mayor Oh Se-hoon said Thursday the city government plans to press ahead with its supply plan for the housing market, noting that construction has already begun for 15,000 units this year.

The municipality plans to break ground on 310,000 housing units by 2031 through redevelopment and reconstruction projects amid recent supply shortages that have contributed to sharp price hikes.

"Under the principle that sufficient and continued supply is the starting point of reducing housing concerns, we have sped up improvement projects through rapid integrated planning," Oh said during a parliamentary audit of the city government.

"Going forward, we will continue to ease on-site difficulties and unfair regulations so that housing can be supplied continuously without stopping."

He also pledged to actively respond to shortages in the rental housing market by broadening the foundation for private supply.

发布于2026年10月15日上午10:59（韩国标准时间）

周四，首尔市长吴世勋在首尔市政厅举行的国会审计听证会前审阅文件。（韩联社）

首尔市长吴世勋周四表示，市政府计划继续推进住房市场供应计划，并指出今年已有15000套住房开工建设。

由于近期住房供应短缺导致房价大幅上涨，该市计划通过重建和改造项目，在 2031 年前开工建设 31 万套住房。

“我们秉持着充足且持续的供应是减少住房问题的起点这一原则，通过快速的综合规划加快了改善项目的进度，”吴先生在国会审计市政府时表示。

“展望未来，我们将继续简化现场施工困难和不公平法规，确保住房供应持续不断。”

他还承诺将通过扩大私人供应基础来积极应对租赁住房市场的短缺问题。