Seoul’s Hannam 3 District to start construction this year with 5,970 homes

  • Seoul conditionally approved Hannam 3’s integrated redevelopment review plan.
  • Hannam 3 will provide 5,970 homes, including 1,020 public rental units.
  • Hannam 3 has demolished 99% of existing buildings and targets construction this year.

Seoul’s Hannam 3 redevelopment district will begin main construction this year after 99% of existing buildings were demolished. The Seoul Metropolitan Government said its 19th Integrated Deliberation Committee on redevelopment projects conditionally approved the integrated review plan on September 15, with the decision announced September 16. The city will pursue a revised project implementation permit while preparing roads and other infrastructure in parallel, shortening a process that normally takes three to six months after permit approval. Hannam 3 covers 386,364.5 square meters in Hannam-dong and Bogwang-dong and will deliver 5,970 homes, including 1,020 public rental units, across 123 buildings of up to 21 stories. The project also includes an elementary school, seven parks, public offices, social welfare facilities and parking. Hannam 3 is the first major construction phase in Hannam New Town, where districts 2 through 5 are planned to supply 12,430 homes. District 2 is targeting a groundbreaking in the second half of next year, while districts 4 and 5 plan to start construction in the first half of 2031. District 1 is preparing a fast-track planning proposal. If all five districts proceed, the area could become a residential district of more than 13,000 homes between Namsan and the Han River.

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