Seoul Metropolitan Government Accelerates Moa Housing Supply... First Project, Hanyang Row House Complex, Completed

[Financial News] Move-ins will begin in September for the Hanyang Row House Complex Moa Housing project in Gwangjin District, the first Moa Housing project in Seoul.
According to the Seoul Metropolitan Government on the 27th, construction starts and completions for the Moa Housing and Moa Town projects are gaining momentum, and housing supply through the redevelopment of aging low-rise residential areas is showing visible results.
Moa Housing is a small-scale redevelopment project in aging low-rise residential areas where landowners within a block jointly redevelop housing. Unlike redevelopment, it does not require approval for a promotion committee or a management and disposition plan, allowing the project to move forward more quickly.
The newly completed Hanyang Row House Complex consists of two basement levels and 10 to 15 floors above ground, across four buildings, with a total of 215 households. It has been redeveloped into an apartment complex more than twice the size of the original 99-household low-rise residential area.
The site is located between Guui Station and Gangbyeon Station. The project, introduced in 2022 as part of the Moa Housing initiative, began construction in 2024 and was completed on August 25.
The Hanyang Row House Complex improved its project conditions by taking advantage of eased height restrictions under revised review standards for Moa Housing set by the Seoul Metropolitan Government. The site is in a Type 2 General Residential Area, originally planned as six buildings with 211 households.
After the city introduced the Moa Housing review standards in May 2022, the average floor count rose to 13 and the maximum to 15. As a result, the number of buildings was reduced from six to four, while the number of households increased from 211 to 215.
In addition, the city abolished in July this year the "average 13 floors" standard that had applied to Type 2 General Residential Areas. It further relaxed the rules so that block-level Moa Housing projects bordering other Type 2 or higher residential areas may, after committee review, be exempt from floor-height restrictions.
The project broke ground eight months after completing integrated review, and was finished two years and six months after construction began.
Myung No-jun, director general for housing at the Seoul Metropolitan Government, said, "The completion of this first Moa Housing project is a representative case of rapidly redeveloping aging low-rise residential areas and supplying high-quality housing." He added, "We will continue to expand Moa Housing and Moa Town as a key pillar of private redevelopment projects through regulatory easing and administrative support."

[email protected] Choi A-young Reporter