Newborn Special Housing Supply for Private Apartments Now Available Regardless of Marriage Duration

Starting now, households with children under the age of two can apply for special housing supply for newborns when bidding for private apartments, regardless of how many years have passed since their marriage.

The Ministry of Land, Infrastructure and Transport announced on June 14 that it will implement an amendment to the "Rules on Housing Supply" on June 15. The amendment includes the creation of a separate special supply category for newborns in private housing to support households with children.

Previously, for private housing subscriptions, a portion of the special supply for newlyweds or first-time homebuyers was prioritized for households with newborns. However, in the case of the special supply for newlyweds, those who did not meet the "within 7 years of marriage registration" requirement were excluded from priority or general newborn supply, even if they had a child under the age of two.

Currently, 8% of the 23% allocated for the special supply for newlyweds is set aside for households with newborns.

For public housing subscriptions, such as public pre-sale housing, there is already a special supply for newborns, separate from those for newlyweds or first-time homebuyers.

Going forward, a special supply for newborns (10%) will be newly established for private housing as well, expanding subscription opportunities for households with children regardless of the duration of their marriage.

Eligibility is limited to members of non-homeowning households with children under the age of two, including unborn children and adopted children, provided they meet income or asset criteria.

The income criteria are the same as those for the special supply for first-time homebuyers, set at 130–160% of the monthly average income per household of urban workers from the previous year. The supply will be operated in three stages: priority supply (50%), general supply (20%), and lottery supply (30%).

The regional customized supply system will also be improved to allow local governments to quickly provide housing to employees of companies relocating to provincial areas.

Previously, local governments could provide special supply for institutional recommendations (10% of the total) to promote regional policies, but the targets were limited and supply standards were set by public notice, making it difficult to provide housing flexibly according to local circumstances.

From now on, the targets for special supply will be expanded and procedures will be simplified to allow local governments to attract companies and promote population inflow according to local demand.

Jang Woo-chul, Director General of the Housing Policy Bureau at the Ministry of Land, Infrastructure and Transport, stated, "This rule amendment expands subscription opportunities for households with children and establishes mechanisms to improve living conditions for companies relocating to provincial areas." He added, "We will continue to do our best to redesign incentive structures so that marriage and childbirth are rewarded in housing subscriptions and provincial areas are prioritized."

※ Please note: This article was translated by AI and may contain errors.