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Map of Reconstruction and Redevelopment in South Korea
Map of Reconstruction and Redevelopment in South Korea
Description
Book Introduction
“Subscription is a high barrier, and new construction is expensive for you.
“The ‘emergency exit to heaven’ has opened!”

Even if you don't know difficult numbers, you can see the complex process at a glance.
The world's easiest reconstruction and redevelopment know-how


* Highly recommended by Passion (Kim Hak-ryeol)
* Channel A [The Rich Man] The Hot Topic: My Homeownership Mentor
* Includes the latest maintenance project status map for 2021
* Included is the first list of complexes scheduled for remodeling in Korea.

The fact that the author, while working as the 'God of Subscription', met people without homes who failed to subscribe every time because their 'score was too low' and who wanted to live in a new apartment but were frustrated because the apartment prices had already risen too much is not just someone else's problem.
In a situation where it is impossible to simply shout, “Develop a more thorough strategy,” the author wrote this book to show that there is a way, even if it is not through subscription.
As you read the author's first home purchase story, as well as the stories of others who started their first home through reconstruction and redevelopment, you'll gain the confidence and courage to believe you can do the same, as if you'd just obtained a perfect savings account.
This book contains yet another, most effective and safest way to purchase a new apartment in this era of a housing supply cliff.


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index
Recommendation: Upgrade your living standards! _Pashon (Kim Hak-ryeol)
Prologue┃Your future, which will take responsibility for the next 10 years, lies in reconstruction and redevelopment!

Part 1
The magic of turning time you carelessly let pass by into money


Chapter 1: Why Reconstruction and Redevelopment Now?
1.
They say subscription is like winning the lottery, but is it okay to buy a house now?
_How to win 100% of subscriptions
2.
Investments that buy cheaply in a rising market and hold up well in a falling market
_The profits I see right in front of my eyes right now
3.
The apartment you know is the result of reconstruction and redevelopment.
_Let's take a look at the abandoned location again|Be one step ahead and secure the future's leading apartment.
4.
Why You Should Study Reconstruction and Redevelopment, Even If You Have a Home
_The Best Strategy for Switching Homes | Ride the New Wave for the Next 10 Years

Chapter 2: Opportunities for Reconstruction and Redevelopment You Don't Know About
1.
For those who say it takes too long
How to Reduce Time by Eliminating Uncertainty|Even a B-Grade Strategy Is a Strategy
2.
To those who say they can't do it because they don't have money
_Aim for early redevelopment|The prejudice that you have to carry it through to the end

Part 2
Seize future value as soon as possible


Chapter 3: "The Union Manages the Project!" The 5 Simple Steps to Reconstruction and Redevelopment
1.
What's the Difference Between Reconstruction and Redevelopment?
Is this a road suitable for fire trucks? |Taxes and excess profit recovery systems specific to reconstruction projects
2.
Phase 1 Maintenance Area Designation: The line is finally drawn on the bare ground!
The Birth of Reconstruction and Redevelopment [Establishment of a Master Plan] | A Essential Gateway to Reconstruction [Safety Diagnosis] | From Now on, a True Reconstruction Zone | The Vanguard! [Combination Establishment Promotion Committee]
#PLUS CHECK Floor area ratio isn't everything
3.
Phase 2: Union establishment: Over 75% support! Let's go!
_With the mindset of running a company|A top-tier brand analyzes business viability on your behalf [Construction company selection]
4.
Phase 3 Project Implementation: Exciting, Bird's-Eye View!
Just a little more! Just a little more [Architectural Review] | Drawing the blueprint for future housing | Only then will the financial picture take shape [Pre-existing Property Appraisal (Appraisal)] | The square footage is determined by a battle of wits [Association Member Sales]
#PLUS CHECK If you give up on the membership subscription
5.
Stage 4 Management Disposition: Congratulations, the long-awaited demolition is underway!
_The Day You Become a 'Right to Move In'|Until the Last One [Relocation and Demolition]
#PLUS CHECK What's the Difference Between a Right to Move in and a Right to Purchase?
6.
Stage 5 General Sale: The lights are finally on in your new apartment!
_The Tug-of-War Between the Union and HUG|Finally Moving In [Completion and Union Liquidation]
7.
So when should I buy it?
#PLUS CHECK: A Comprehensive Guide to Reconstruction and Redevelopment Keyword Searches
#PLUS CHECK Things to watch out for in speculative overheated areas (feat.
Prohibition on transfer of union member status, restriction on re-election)

Chapter 4: How Much Should I Pay for a New Apartment?
1.
Before the Appraisal: When Should You Sell Your Home?
_Determine the timing of selling at the time of purchase before the emotional evaluation
2.
After the emotional assessment: The briefing on the item changes.
Know your budget and know yourself to win every battle
3.
After moving: Your relocation loan will determine your actual investment.
_Is this a loan that I absolutely must take out?
#PLUS CHECK Find the hidden proportions
4.
After the East/West lottery: From now on, you can be sure of winning every single ten won!
_Time to get close to the burden
#PLUS CHECK Find the hidden appraisal value.
5.
Hands, mouths, and feet create choices you won't regret.
_Investigating with hands|Investigating with mouth|Investigating with feet
6.
Don't be intimidated, loans and taxes
How much is a relocation loan available? | How much is a down payment loan available? | How do loans actually work? | Let's also check the taxes you have to pay.

Part 3
If you look at the map, you can see the future Daejang Apartment.


Chapter 5: The Wealth Express Train Departs: Seoul Reconstruction
1.
Seoul's apartments are aging.
Safety diagnosis, building review, land transaction permit system
2.
Big guy
Gangnam-gu, Seocho-gu, and Yongsan-gu
_The Battle of the Stars, Gangnam-gu | The Golden Field of Redevelopment, Seocho-gu | Location is Eternal, Yongsan-gu
3.
The guy who's going to go
Songpa-gu & Yeongdeungpo-gu Yeouido-dong
_A Model Case of Redevelopment: Songpa-gu | Unimaginable Potential: Yeouido-dong, Yeongdeungpo-gu
4.
The guy who's coming in
Mok-dong, Yangcheon-gu & Sanggye-dong, Nowon-gu
_The older brother who goes ahead, Mok-dong, Yangcheon-gu | The younger brother who waits his turn, Sanggye-dong, Nowon-gu

Chapter 6: Seoul Redevelopment: A Name That Will Be on Your Toes for the Next Decade
1.
Now only good things remain
_The Four Heavenly Kings, the Signal of the Creation of Heaven and Earth
2.
The four heavenly kings that will become new wealthy neighborhoods
Hannam New Town & Seongsu Strategic Development Zone & Noryangjin New Town & Buk Ahyeon New Town
The sleeping dragon awakens, Hannam New Town | 50th-floor Han River view! Seongsu Strategic Redevelopment Zone | Noryangjin New Town, where prices are in sync with Heukseok and Singil | The true king of northwestern Seoul: Buk Ahyeon New Town
3.
It's literally a world-changing event
Dongdaemun-gu & Seongbuk-gu & Sanggye New Town & Sillim New Town
Cheongnyangni has changed, Dongdaemun-gu | Seoul's largest, Seongbuk-gu | It's not too late, Nowon-gu Sanggye New Town & Gwanak-gu Sillim New Town

Chapter 7: A Well-Raised House, No Envy for Seoul, Gyeonggi-do Redevelopment and Redevelopment
1.
Even if it's not Seoul, anywhere you go, it'll go up.
_4th Captain, Hidden Pearl, Special Forces
2.
The four major cities of Gyeonggi-do
Seongnam & Gwangmyeong & Anyang/Uiwang & Suwon
Seongnam, irreplaceable | Gwangmyeong, synonymous with redevelopment | Now in the quadruple era, Anyang & Uiwang | Suwon, the turning point of the old city center
3.
Now is the time to know its true value
Neunggok New Town & Deokso New Town & Ansan
If you can live there, Goyang Neunggok New Town | A view of the Han River that only I want to know, Namyangju Deokso New Town | Ansan, with the Diamond Railway line
4.
A small but strong special forces unit
Guri & Gwacheon & Uijeongbu
_Guri, where new apartments shine especially | Gwacheon, a paradise for reconstruction | Uijeongbu, a series of windfalls

Chapter 8: Erase Today's Scene from Your Memory: Incheon Redevelopment
1.
If I had to recommend just one place to a homeless person,
_Is it a speculative overheated area or not? |Near subway stations, large brand complexes, and super-premium apartments
2.
Cheap, fast, plentiful, it has it all!
Bupyeong-gu & Michuhol-gu
Bupyeong-gu, where speed is the key | Michuhol-gu, where the center of redevelopment is shifting

Chapter 9: Silently Strong: Reconstruction and Redevelopment of the Five Metropolitan Cities
1.
The game has started again in Busan Metropolitan City
Busan has its own rules.
#PLUS CHECK List of Busan Metropolitan City Redevelopment and Reconstruction Promotion Areas
2.
Daegu Metropolitan City after the hot summer
_There are many districts in places where educational enthusiasm is high.
#PLUS CHECK List of Daegu Metropolitan City Redevelopment and Reconstruction Promotion Areas
3.
Daejeon Metropolitan City with Sejong
_I'm thirsty for a new apartment
#PLUS CHECK List of Daejeon Metropolitan City Redevelopment and Reconstruction Promotion Areas
4.
Gwangju Metropolitan City, united by apartments
_From close proximity to work to close proximity to school
#PLUS CHECK List of Redevelopment and Reconstruction Areas in Gwangju Metropolitan City
5.
Ulsan Metropolitan City, where reconstruction and redevelopment are valuable
_Education first, education second
#PLUS CHECK List of Ulsan Metropolitan City Redevelopment and Reconstruction Promotion Areas

Part 4
A little faster, sometimes together! Finding alternatives


Chapter 10: Remodeling: A Rising Star in the Maintenance Industry
1.
Even if it doesn't take 30 years, it will become a new apartment.
_What's the difference between reconstruction and remodeling? |SRT-level speed
#PLUS CHECK List of Seoul City Remodeling Project Complexes
#PLUS CHECK List of remodeling projects underway in Gyeonggi Province

Chapter 11: Public Redevelopment: The More You Share, the More Benefits You Get
1.
Minister Kim's 'Public Redevelopment' vs.
Minister Byeon's "Public-Led Redevelopment"
_It's not always 'cash settlement'|Things to remember
#PLUS CHECK 'Oh Market's' Seoul Redevelopment and Reconstruction

Epilogue┃Now is the time to act.
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Into the book
“We are doing reconstruction and redevelopment because we don’t have money.”
Time is given equally to everyone, 24 hours a day.
People often say that reconstruction and redevelopment are 'investments in time', and in this sense, reconstruction and redevelopment are the most valuable assets for young people who do not have subscription points right now.
Even if you are a 'dirt spoon' with no money or connections, you must become a 'golden spoon' when it comes to time and information.
Instead of just waiting around complaining until you have all your money (which will never happen in the first place), you need to acquire information faster than others and make time work for you.
The less money you have, the more you need to study while saving money, and only then can you create opportunities for wealth.
I hope that you will study reconstruction and redevelopment investment, where time is 'gold', and enjoy the joy of turning time, which is given equally to everyone, into money.
--- p.47

Looking back, I missed three signals in total.
What if I had pondered the words of the grandmother who visited during the interior renovation, even just once? What if I had carefully examined the crucial "Association Establishment Agreement" instead of throwing it away? What if I had recognized the real estate agent's hint that the commercial complex was tightly packed? Despite three opportunities, I couldn't shake off my misconception and prejudice that "reconstruction and redevelopment inevitably take a long time."
And this experience remains a painful 'dark history' for me to this day.

When planning a reconstruction or redevelopment area, you should not just scan the area with your eyes.
Sometimes you have to consider each other's perspectives, such as being a single-family homeowner in a district or being a commercial property owner.
If you often find yourself thinking, "This might be a little difficult," when you're in their shoes, you might want to boldly put that area on the back burner.
--- p.56

“The union (stage 2) manages the project (stage 3) (stage 4).” To summarize, the reconstruction/redevelopment project is carried out through the ‘process of the union starting and managing the project.’
And I urge you to memorize at least the preceding sentence.
Not only is it a key aspect of reconstruction and redevelopment projects, but when you encounter terms like "management disposition approval" on-site, the order is "association → project → management," so you can immediately gauge the progress of the project and say, "Ah! It's almost the final stage!"
--- p.82

Before the appraisal, that is, until the union is established, the building review is passed, and the business execution permit is received, properties are bought and sold based on the sale price, just like any other housing transaction.
One tip here is that when you buy something, you should also consider 'when to sell it' to make a choice you won't regret.
It may seem a little odd that you have to make a plan to sell before you even choose your items.
However, at this point, it would take a considerable amount of time to purchase the property and wait for it to be completed.
So, as mentioned in Chapter 2, less than 10% of people buy redeveloped or reconstructed properties and move in.
The idea that you have to keep something you buy until the end is a prejudice.
--- p.162

First, we will introduce the 'New Town' that will be implemented in Yongsan-gu, Seongdong-gu, Dongjak-gu, and Seodaemun-gu.
These include Hannam New Town (Yongsan-gu), Seongsu Strategic Development Zone (Seongdong-gu), Noryangjin New Town (Dongjak-gu), and Buk Ahyeon New Town (Seodaemun-gu), respectively.
Those who have just started development have had a difficult time progressing because their locations are so excellent and they are areas where they have no choice but to become the 'leaders'.
As mentioned before, all 'captains' are bound to have slow progress because of the various vested interests involved.
But now is the time when we can finally say that we have overcome all the twists and turns.
Now, the question is not whether it will work or not, but how well it will work.
Let's take a closer look at these four kings, who will become "Seoul's most affluent neighborhoods" in the next 10 years, and see just how limitless the potential for redevelopment is.
--- p.254
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Publisher's Review
Even if there is no subscription store
How to win a 100% new apartment!

_Essential real estate knowledge you need to know in the era of the new construction supply cliff

“Even I, who is called the god of subscriptions, have bitter memories of winning a subscription I had submitted without knowing anything and then losing the opportunity due to financial difficulties.
Everyone said I should give up on the new apartment.
But I couldn't do that because I thought about my child living in a rented apartment and being compared to his friends.
I searched and searched and finally found one item that said '2008 New Apartment Move-in'.
“It was an old and worn-out public housing complex right in front of the rental house.”

This story is a true story of I'm Happy (Jung Ji-young), the author of the best-selling book "Korea Subscription Map," which guided countless homeless people in Korea to the path of "owning their own home."
13 years ago, I'm Happy, who had blown his savings account due to a ridiculous mistake and was only focused on 'escaping from a jeonse (rental)', succeeded in purchasing his first home through 'reconstruction' investment.


Until then, the author was a rookie who had already been bitter about the rising apartment prices, but did not know how to deal with them, and was even more ignorant about reconstruction and redevelopment.
But there was one goal the author absolutely wanted to achieve.
"Owning a new apartment." Instead of blindly avoiding reconstruction as a challenge, let's look at it as a way to own a home. The path will actually be easier.

“When I bought my first house, I didn’t even know the character ‘재’ in ‘reconstruction.’
I was just completely fixated on the words 'moving into a new apartment'.
Terms like 'management disposition' and 'relocation loan' came to me naturally when I needed to invest money.
I can confidently say that the following conclusion is the key to reconstruction and redevelopment.”

1) I bought a 16-pyeong apartment that was built over 30 years ago for 170 million won.
2) This apartment is undergoing reconstruction.
3) If I want to get a new 33-pyeong apartment for the old 16-pyeong apartment I bought, I have to pay an additional 90 million won.
= Conclusion: I am buying a new 33 pyeong apartment for 260 million won.

In 2021, South Korea faced an unprecedented "new construction supply cliff."
In addition, subscription has become like ‘picking stars from the sky.’
In an era where even a 60-point score is difficult to guarantee winning a subscription in Seoul, the first new towns built in the 1990s, such as Bundang, Ilsan, and Pyeongchon, are rapidly aging throughout the metropolitan area as they are now over 30 years old.


The fact that the author, while working as the 'God of Subscription', met people without homes who failed to subscribe every time because their 'score was too low' and who wanted to live in a new apartment but were frustrated because the apartment prices had already risen too much is not just someone else's problem.
In a situation where it is impossible to simply shout, “Develop a more thorough strategy,” the author wrote this book to show that there is a way, even if it is not through subscription.
As you read the author's first home purchase story, as well as the stories of others who started their first home through reconstruction and redevelopment, you'll gain the confidence and courage to believe you can do the same, as if you'd just obtained a perfect savings account.
This book contains yet another, most effective and safest way to purchase a new apartment in this era of a housing supply cliff.


Even if you don't know the difficult numbers
The complex process unfolds at a glance
The easiest reconstruction and redevelopment know-how in the world!
_Short, intensive lectures that focus on the key points and are easy to understand, like a tutoring session


“Whenever I hear a word for the first time, my head immediately starts to hurt.
However, if you understand these difficult terms as explained in this book, they will become easy to understand!”

The book "Reconstruction and Redevelopment Map of the Republic of Korea" is the first to explain the topic of "reconstruction and redevelopment," a topic that has been difficult for anyone to understand due to its complex procedures and frequent changes in the system, in such an easy-to-understand manner.

The goal of this book is not 'memorization' but 'natural understanding'.
Without having to memorize terms like learning a second language or plugging in numbers one by one into difficult formulas like solving a math workbook, complex procedures can be understood at a glance, and previously mysterious rates of return can be identified in just one second.
Here, in order to avoid losses in reconstruction and redevelopment investments, you must know essential knowledge such as ‘re-winning restrictions’, ‘excess profit recovery system’, and ‘prohibition on transfer of union member status’, as well as ‘loans’ and ‘taxes’, which even those who know a thing or two about real estate find difficult, he explains only the key points in an easy-to-understand manner, like a tutor with a pair of tweezers.

“Many people think that investing in reconstruction and redevelopment requires money and takes a long time.
I, too, have had the experience of selling an apartment in Gwacheon that was about to be rebuilt at a very low price because of such prejudice.
As a senior investor who has studied real estate for a long time, I would never want you to experience this kind of pain.”

Above all, the highlight of this book is that it generously contains the author's core know-how for eliminating the uncertainty of reconstruction and redevelopment investment, selecting only the "successful" places, and investing "quickly."
This is living information that only someone who has been in the field for a long time can know.
If you can identify and proactively weed out factors that slow down your business, you'll gain the insight to personally select and analyze properties that will move quickly toward occupancy.

The apartment you passed by without a second thought today
This is the future captain's apartment 10 years from now!
_The latest reconstruction and redevelopment zone maps, including remodeling complexes and public redevelopment.


“If I were asked, ‘Please recommend an apartment to buy in two years,’ I would answer without hesitation, ‘a new apartment.’
If you live in a new apartment for two years, the price is bound to go up.
However, there are complexes where price fluctuations are more dramatic.
This is a place that was born as a ‘reconstruction/redevelopment’ complex.
“Reconstruction and redevelopment complexes are places where dramatic changes, literally like a ‘world-changing’ transformation, are taking place, such as the expansion of transportation networks, the influx of massive commercial districts, and the formation of school districts.”

In this book, the author likens the journey toward reconstruction and redevelopment to a 'treasure hunt.'
Some people don't even look at it, saying, "Will it ever get better?", but those who know its true value imagine the miracle of a new apartment being built on an old piece of land, and invest the "time" given equally to everyone to secure the "future prime apartment."

This book is a map and compass that will guide you on your treasure-hunting journey.
This book's detailed maps, which cover every nook and cranny of Seoul, Gyeonggi, Incheon, and the five major metropolitan cities, intuitively show what procedures each maintenance area is currently undergoing.
By the time you finish this book, you'll have a stark realization of just how valuable the red, orange, and green traffic lights on a map really are.

Moreover, this book is the first in Korea to contain detailed information on remodeling projects, planned complexes, and public redevelopment.
This book will delve into the real possibilities of remodeling projects that advance the clock on reconstruction by 15 years, the differences between "public redevelopment" and "public-led redevelopment," and the opportunities hidden within them.

The author has always focused on how to buy a new apartment at the cheapest price possible at any given time.
If 2019 was about subscription, 2021 will definitely be about 'reconstruction and redevelopment.'
If you have given up on studying reconstruction and redevelopment because you thought it was difficult and time-consuming, you need to change your mindset from now on.
There is not much land left in South Korea now.
New apartments won't go up unless they're torn down.
The author's deep insight, which has long emphasized reconstruction and redevelopment, will provide those without a home with a "first new apartment in their life" and those with one home with a "roadmap to wealth" that will allow them to move to a higher-end area.
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GOODS SPECIFICS
- Date of issue: August 25, 2021
- Page count, weight, size: 392 pages | 814g | 152*225*30mm
- ISBN13: 9791130640600
- ISBN10: 1130640604

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