The province has recently released plans designed to alleviate the housing shortage on the island. The plans include forming new residential districts and building more public rental houses. Along with those provincial efforts, the Jeju Free International City Development Center has announced that it will supply 300 residential units in the Jeju Science Park. Mike Laidman reports.
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School zone in Jeju Science Park

This site has been categorized as land for schools in the JDC Jeju Science Park.

Elementary, middle, and high schools had been planned at the 69,000 square meter site.

But for a new elementary school to be built, at least 4,000 families must be living in the area. The number of families in the science park is well below this level.

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300 housing units planned at Jeju Science Park

The Jeju Free International City Development Center has joined in the efforts to ease the housing shortage.

The JDC is planning to change the category of the school site to housing land, capable of supporting 300 new apartments.

The JDC is starting construction this year, with people able to move in at the end of 2017.

The apartments will be between 45 and 85 square meters in size.

These apartments will be offered first to Jeju islanders who cannot afford to purchase a house due to price increases and who are from low-income brackets.

INTERVIEW
Park Jae-mo / Representative, JDC
We’re reviewing the plan now, and making efforts to build new houses as soon as possible. Ground will be broken for construction this year, with people able to move in next year.
인터뷰)박재모 JDC 첨단사업처 부장
검토단계에 있기는 합니다만 빨리 서둘러서 도민들에게 적기에 공급할 수 있도록 노력할 예정이며, 이르면 올해내에 착공해서 내년에는 입주를 하실 수 있도록…

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Moon Ho-seong

The JDC is looking to build up to an additional 1,500 apartment units within the Global Education City and the second Jeju Science Park in the future.

[reporter]
Mike Laidman

But for now, the center is working together with the province to provide housing for those in low-income brackets.

Mike Laidman, KCTV