On 14 March 2025, people from the National Council for Public Housing Districts held a press conference and picketed in front of the Seoul Administrative Court (Seoul City - Seocho), urging the revision of the Public Housing Special Act to address delays and appropriate land compensations in the development of the 3rd new towns.

Summary

On March 14, 2025, the National Housing District Council held a peaceful demonstration in front of the Seoul Administrative Court demanding amendments to the Public Housing Special Act related to the development of 3rd New Towns. Press conferences and picketing were conducted to address land compensation delay issues, with the current risk level assessed as low.

Supply-chain impact

• Minor potential impact on traffic flow in Seoul's Seocho-gu area, but substantial disruptions to logistics transportation are limited due to the peaceful nature of the demonstration
• If delays in 3rd New Town development become prolonged, timing changes in construction material demand and increased need for related infrastructure investment schedule adjustments
• Potential for public housing development policy changes to lead to construction industry supply-chain plan revisions, particularly expected changes in development speed if land compensation procedures are improved

Watch points

• Need to track the Ministry of Land, Infrastructure and Transport's processing schedule for Public Housing Special Act amendments and government response direction
• Observation of medium to long-term ripple effects of 3rd New Town development delays on metropolitan area construction material supply chains and logistics planning