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Free apartments for families with two children… ‘Kkumbichae’ Program of Chungnam

Benefits in Chungnam (3) - Housing

2022.04.28(목) 13:28:58 | 충청남도 (이메일주소:chungnamdo@korea.kr; chungnamdo@korea.kr)



Chungnam-type More Happy Housing, ‘Kkumbichae’Eligibility: soon-to-be newlywed couples, young adults
Wide residential space, with a monthly rent of KRW 90,000 -150,000
 
Monthly rent fully waived after the birth of two children
50% reduction after the first child birth 
Free apartments that have attracted attention from China and Japan
 
Chungnam-type More Happy Housing 2.0 Plan
Beginning with 100 units in Sangok-ri, Geumsan-eup,
Supply 4,000 units by 2026

 
 
Chungchengnam-do implements the ‘More Happy Housing (Chungnam Kkumbichae)’ Program that offers a full waiver of rent upon the birth of two children.
 
Soon-to-be newlyweds and young adults in Chungnam province are eligible. 
 
 
Chungnam will supply 1,015 units by constructing 915 units, including units of the Kkumbichae Project, and purchasing 100 additional units.
 
Move-in for the Asan Baebang Wolcheon District, the first construction project of the Kkumbichae Program, is slated for July. 
 
Chungnam Kkumbichae is the housing policy of Chungcheongnam-do to overcome low fertility by fostering an environment to promote marriage and childbirth.
 
The provincial government will drastically reduce the burden on the residents, and increase residential space, so that young adults can reside comfortably after marriage and childbirth.
 
The security deposit and monthly rents will be KRW 30 million and 90,000, respectively, for a unit of 36㎡ unit(15 pyeong); KRW 40 million and KRW 110,000 for a 44㎡ unit (20 pyeong); and KRW 50 million and KRW 150,000 for a 59㎡ unit (25 pyeong).
 
With a security deposit of KRW 50 million and monthly rent of KRW 150,000, one can live in a new apartment with three rooms and a living room (for 59㎡). 
 
In particular, after the first child is born, couples will receive a 50% reduction of monthly rent, and when the second child is born, the monthly rent will be fully waived.
 
The rent period is initially six years and can be extended to 10 years depending on childbirth.
 
The Chungnam Kkumbichae program has attracted worldwide media attention, especially from China and Japan, as it offers a monthly rent reduction after childbirth.
 
Though it is a public rental apartment, it offers a pleasant residential quality environment with convenient transportation. 
 
Residential space is expanded to ensure a comfortable child-rearing environment. Eco-friendly materials were used, and noise between floors is prevented using new engineering technology for floor shock absorption.
 
Recently the province announced ‘Chungnam More Happy Housing 2.0’ Plan.
 
Beginning with the initial construction of 100 units in Sangok-ri, Geumsan-eup, the province will supply 4,000 apartments for residents of the cities and counties by 2026.
 
Chungnam Happy Housing 2.0 will offer housing units with wider residential space and essential home appliances, such as air-conditioners.
/Kim Jeong-won jwkim87@korea.kr
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