Bidding guidelines reflect residents' demands

Project implementation approval targeted for 2027

An aerial rendering of the Gunpo Sanbon Zone 9-2 redevelopment project. [LH]
An aerial rendering of the Gunpo Sanbon Zone 9-2 redevelopment project. [LH]

Korea Land and Housing Corporation (LH) announced Monday that it has formally launched the contractor selection process for Zone 9-2 in Gunpo's Sanbon new town, a pilot integrated reconstruction district.

Zone 9-2 in Gunpo Sanbon, planned for 3,376 units, was designated and publicly announced as a special redevelopment zone in December last year under the Special Act on the Improvement and Support of Aging Planned Cities. It has moved faster than any other LH-participating pilot district in the first-generation new towns, completing its redevelopment zone designation in December 2025 and its project operator designation in March 2026.

Contractor selection will proceed through a transparent and competitive bidding process under the Act on the Improvement of Urban and Residential Environments. A residents' representative council will recruit candidates through competitive bidding, and landowners and property holders will vote around January 2027 to recommend a final contractor. LH, as the project operator, will then make the final selection and sign the contract.

LH plans to pursue project implementation approval in 2027 without delay once contractor selection is finalized.

"We actively communicated with the residents' representative council and reflected their needs as fully as possible in the bidding criteria — raising finishing material standards and drawing up tailored bidding guidelines," an LH official said. "We will do our utmost to ensure Zone 9-2 in Sanbon develops into a premium residential complex."

Meanwhile, LH plans to supply 20,000 purchased rental housing units in central Seoul over the next three years. The units, counted on a move-in recruitment announcement basis, include 15,000 for youth and 3,400 for newlywed couples. LH said it will distribute the supply across multiple areas within Seoul to meet diverse housing needs.


hwshin@heraldcorp.com