SH to Offer 1,381 Long-Term Rental Homes, Including Cheongdam Le L and The H Banpo
Translated from Korean and summarized by DistantNews. Read the original for the full story.
At a glance
News
Official statement
New plan
- Seoul Housing and Communities Corporation announced a recruitment notice for 1,381 long-term rental homes and reserve tenants.
- Applications for the homes, known as “SHift,” will open on the 14th of next month.
- The program offers homes to people without houses at deposits set at no more than 80% of surrounding jeonse market rates.
Seoul Housing and Communities Corporation, known as SH, will recruit tenants and reserve tenants for 1,381 long-term rental homes, including units in major new apartment developments such as Cheongdam Le L and The H Banpo.
SH issued its 51st recruitment notice on the 31st and said applications would open on the 14th of next month. The long-term rental program, known as “SHift,” provides homes for Seoul residents who do not own a house.
Deposits for the homes are set at no more than 80% of nearby jeonse market rates.
About this summary
Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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