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Wednesday, October 28, 2026 · Morning
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Wednesday, October 28, 2026 · Morning · Policies 4 pages
Front page · Policies

Yongsan Sanho Apartment
Redevelopment to 47 stories maximum

Sanho Apartment in Yongsan-gu, Seoul is planning redevelopment to a maximum of 47 stories.

  1. 1 pagesYongsan Sanho Apartment Redevelopment to 47 stories maximumPolicies
  2. 2 pagesJeju parking fee overhaul Higher in commercial areas, lower in residentialPolicies
  3. 3 pagesChungnam-Kongju Universities Merger 516 billion won funding cut if failedPolicies
  4. 4 pagesYangyang County Fishing Vessel Safety Equipment 70% of Purchase Cost CoveredPolicies
Policies · Under review · 3 sources combinedp. 1 / 4

Yongsan Sanho Apartment
Redevelopment to 47 stories maximum

D-16 Deadline November 23 · Deadline for resident review comments
Photo: 연합뉴스

In short

Sanho Apartment in Yongsan-gu, Seoul is planning redevelopment to a maximum of 47 stories.

The number of floors increases from the existing 35-story plan, and the number of households also increases.

A public review period for resident input runs from the 23rd of this month through the 23rd of next month.

Key facts

WhenPublic resident review will be held from October 23 to November 23.
WhoSeoul's Yongsan-gu (District Head Kim Kyung-dae) has announced a revised redevelopment plan.
WhatSanho Apartment in Wonhyo-ro 4-ga will be changed from the existing 35 stories to a maximum 47 stories with 666 households.
HowThe number of floors has been increased to meet the 2040 Seoul Urban Master Plan standards, and 100 public housing units are included.

What it means for me

This redevelopment plan change directly affects the complex owners and nearby residents.

Policies · Planned · 3 sources combinedp. 2 / 4

Jeju parking fee overhaul
Higher in commercial areas, lower in residential

D-4 Deadline November 11 · Deadline for submitting opinions on parking fee changes
Photo: 연합뉴스

In short

Jeju Island is changing public parking rates differently by region.

Parking fees will increase in busy downtown commercial areas and decrease in residential areas.

A public hearing will be held on the 28th, and ordinance amendments are planned for the first half of next year.

Key facts

WhenPublic hearing on October 28, opinion collection until November 11, ordinance amendment planned for first half of next year
Where144 public parking facilities in Jeju including commercial areas in Ido 2-dong, Nohyeong-dong, Yeon-dong, and Ora-dong
What144 fee-based public parking facilities with 10,554 spaces to be reorganized into 3 price tiers
HowGrade 1 areas 40% increase, Grade 3 areas 40% decrease, Grade 2 areas maintain current rates

What it means for me

If you use public parking in Jeju, fees may increase or decrease depending on the area.

Office workers commuting to commercial areas may face parking fee increases of up to 40%.

Self-employed business owners in commercial areas may face increased burden from higher customer parking fees.

Retirees living in residential areas could see parking fees reduced by 40%.

Policies · Planned · 2 sources combinedp. 3 / 4

Chungnam-Kongju Universities Merger
516 billion won funding cut if failed

D-54 Deadline December 31 · Deadline for Glocal University merger application submission
Photo: 연합뉴스

In short

The merger decision between Chungnam National University and Kongju National University will be made this week.

If the merger falls through, 51.6 billion won in Glocal University project funding will be cut.

President Kim Jeong-gyeom will announce either a re-vote or abandonment of the merger.

Key facts

WhenAs early as October 28, President Kim Jeong-gyeom will announce whether to proceed with the merger.
WhoThe merger proposal was rejected in a vote by Chungnam National University members, and a decision is pending.
WhatIf the merger application is not submitted by December 31, 51.6 billion won in project funding will be reduced.
HowOptions being discussed include re-voting on the existing plan or abandoning the merger.

What it means for me

Chungnam and Kongju University students and staff must continue to monitor academic operations and the merger decision.

Policies · 2 sources combinedp. 4 / 4

Yangyang County Fishing Vessel Safety Equipment
70% of Purchase Cost Covered

D-2 Deadline November 9 · Application Deadline for Fishing Vessel Safety Equipment Subsidy Program
Photo: 연합뉴스

In short

Yangyang County in Gangwon Province is providing subsidies for fishing vessel safety equipment purchases.

This is a measure to prevent accidents on single-operator fishing vessels.

Those who apply by November 9 can receive 70% of the purchase cost.

Key facts

WhenThe application deadline is November 9.
WhoThe program targets 100 fishing vessels licensed to operate in nearby coastal waters within the county.
WhatThe subsidy covers 70% of the cost to purchase and install safety equipment such as fishing vessel CCTV, thermal protective suits, and life ladders.
HowSubmit an application form and required documents to the Marine and Fisheries Division, Fisheries Support Team at Yangyang County Office.

What it means for me

Fishermen who own nearby coastal fishing vessels in the county can receive purchase cost subsidies for safety equipment.

Fishermen operating alone as single operators are included as priority applicants.

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Contents of this edition
1 pagesYongsan Sanho Apartment Redevelopment to 47 stories maximum2 pagesJeju parking fee overhaul Higher in commercial areas, lower in residential3 pagesChungnam-Kongju Universities Merger 516 billion won funding cut if failed4 pagesYangyang County Fishing Vessel Safety Equipment 70% of Purchase Cost Covered