Winners of private pre-subscriptions can apply for multiple subscriptions… as early as September.

Namnyangju Wangsuk A1·A2 area. [Photo source = Yonhap News]
, ‘Starting in September, those who have won in private pre-subscriptions can also apply for another apartment like public pre-subscription winners.’,
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, ‘According to the Ministry of Land, Infrastructure, and Transport on the 16th, the ministry plans to amend the ‘Regulations on Housing Supply’ to allow winners of private pre-subscriptions to apply for other apartments.’,
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, ‘Until now, only public pre-subscription winners were able to freely apply for other apartments.’,
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, ‘Pre-subscription is to accept applications earlier than usual when the apartment construction starts. Applications are accepted while the construction company has secured the land only.’,
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, ‘Pre-subscription, first introduced in 2009, was reintroduced in July 2021 during the housing boom to spread out the demand.’,
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, ‘However, due to side effects such as project delays and cancellations, the government decided to abolish it in May of this year.’,
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, ‘The reason for the modification of the system that the government has already abolished is that there are 24 private pre-subscription sites that have not yet conducted pre-subscriptions, amounting to 12,827 households.’,
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, ‘The restrictions on pre-subscriptions for these private pre-subscription winners will be lifted as early as September this year.’,
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, ‘Private pre-subscription winners from canceled projects such as Paju Woonjeong 3rd District 3·4 blocks are demanding remedies such as inheritance of the winning rights when the projects resume.’,
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, ‘An official from the Ministry of Land, Infrastructure, and Transport said, “We are considering what additional measures can be taken regarding the damages caused by the cancellation of private pre-subscription projects.”’,
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