South Korea's Land Minister Kim Yun-duk announced that the government is considering using a portion of Yongsan Park as a housing site, signaling potential development plans.

South Korea's Minister of Land, Infrastructure and Transport, Kim Yun-duk, indicated that the government is exploring the option of repurposing vacant offices and commercial properties into residential units to address concerns about housing supply instability.

South Korean Land Minister Kim Yun-duk stated that the government is considering using part of Yongsan Park as a housing site.

South Korean Land Minister Kim Yun-duk announced plans to accelerate 'new town' projects in Gyeonggi Province and Incheon to establish more residential complexes, addressing soaring housing prices in the Greater Seoul area.