Published · 21h agoInvest2 min read
Oh Se-hoon names a substitute: Yongsan turns from a veto into a parcel swap
Seoul's mayor still refuses housing on the Yongsan Park main grounds, but he has now put a Gangnam sewage plant on the table. The talks stop being about whether and start being about which land.
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What happened
- At a lunch meeting on the 22nd with Kim Young-bae, chairman of the Democratic Party's Seoul chapter, Seoul Mayor Oh Se-hoon reaffirmed his opposition to using the Yongsan Park main grounds for housing supply while agreeing on the need to expand housing supply in Seoul.
- Oh proposed searching together with the central government and ruling party for alternative housing sites, including the Tancheon Water Recycling Center.
- The Tancheon Water Recycling Center is located at 625 Gaepo-ro in Seoul's Gangnam district and has a land area of about 393,000 square meters.
- The Yongsan Children's Garden, which the government is reviewing as a housing supply candidate site, covers about 300,000 square meters.
- Part of the Tancheon site is used for an outdoor performance venue, sports facilities, parking and green areas.
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Why it matters
Take the density Seoul Economic Daily quoted and run it backwards. Market estimates of 3,000 to 4,000 homes on the Yongsan Children's Garden's roughly 300,000 square meters [7][4] imply 10 to 13.3 homes per 1,000 square meters. Applied to the Tancheon Water Recycling Center's 393,000 square meters [3], the same band yields 3,930 to 5,240 homes [17]. The "more than 5,000 at most" figure in that report sits at the very top of the band [8], and the report itself says the calculation is area and nothing else [8]. Tancheon is about 31 percent larger than the Children's Garden [16], so on paper it buys the government roughly one extra Children's Garden's worth of nothing.
What eats the difference is listed but not priced: the sewage treatment function has to be kept, the plant may have to go underground and be modernised, and then usable land, the floor area ratio, parks and roads all have to be settled [9]. Nowhere in the material is there a cost for putting a working treatment plant below grade. That absent number, not the 393,000, is what the two sides will actually be arguing about.
The move matters because a refusal has no price attached to it. "Not one centimeter" [10] left the Land Ministry with a single option, which was to keep the main grounds on its idle-site inventory and press [10]. By naming Tancheon and, two days earlier, four scattered plots around the park [2][11], the mayor gives the ministry something it can counter-value. That is a different conversation from an ultimatum, and it is one the city can lose on the merits rather than on the politics.
Oh's sharpest argument is procedural rather than preservationist: the main grounds still need the U.S. base returned, contaminated soil remediated and the park development plan revised, which he says makes construction inside this government's term difficult [12]. The ministry, meanwhile, needs residential land in central Seoul it can count against supply targets, and the city says it does not oppose more supply as such [14]. Those two positions have an overlap, and the overlap is any parcel already in public hands with no base handover attached.
The trade also relocates the objection. Building on Tancheon avoids the charge of tearing down a park to make homes [15], but the site currently carries an outdoor performance venue, sports facilities, parking and green area [5], sitting beside Daecheong Station on Line 3, the Tancheon stream, the Suseo interchange and Samsung Medical Center [6]. A Yongsan fight becomes a Gangnam fight, with better transport arithmetic and a louder set of incumbent users.
Claim ledger
Ranked by verification strength, evidence, and original report placement.
- [1]
At a lunch meeting on the 22nd with Kim Young-bae, chairman of the Democratic Party's Seoul chapter, Seoul Mayor Oh Se-hoon reaffirmed his opposition to using the Yongsan Park main grounds for housing supply while agreeing on the need to expand housing supply in Seoul.
- [2]
Oh proposed searching together with the central government and ruling party for alternative housing sites, including the Tancheon Water Recycling Center.
ReportedView cited source - [3]
The Tancheon Water Recycling Center is located at 625 Gaepo-ro in Seoul's Gangnam district and has a land area of about 393,000 square meters.
ReportedView cited source - [4]
The Yongsan Children's Garden, which the government is reviewing as a housing supply candidate site, covers about 300,000 square meters.
ReportedView cited source - [5]
Part of the Tancheon site is used for an outdoor performance venue, sports facilities, parking and green areas.
ReportedView cited source - [6]
The site is near Daecheong Station on Seoul Subway Line 3 and close to the Tancheon stream, the Suseo interchange and Samsung Medical Center, and is seen as having competitive locational appeal if developed for residential use.
ReportedView cited source
Sources & coverage · 1 publisher
The reporting this story was synthesized from, earliest first. Every link goes to the original.
- en.sedaily.com23h agoSeoul Mayor Rejects Yongsan Park Housing, Floats Tancheon Site Instead
- en.sedaily.com2h agoSeoul Mayor Opposes Housing in Yongsan Park, Urges Alternative Sites
Additional citations
- Seoul Economic Daily
- market estimates cited by Seoul Economic Daily


