A new type of private housing rental project for the elderly with 725 apartment houses under a possibility of specializing them into mixed
generation complex
The Ministry of Land, Infrastructure and Transport (MOLIT, Minister PARK Sang-woo) and Korea Land and Housing Corporation (LH, CEO LEE Han-joon) announced that a public notification to recruit a business operator for the pilot project of senior-friendly housing units, called
‘Silver Stay’, near the Guri-Galmae station area will be posted up from 19 December as a follow-up to the ‘Plan to Introduce New Rental
Housing’ made on 28 August.
Silver Stay is designed as a new type of long-term private rental housing for the elderly that provides facilities and services customized for
them, and the lease obligation period has been extended to 20 years with expectations of expansion of housing supplies at this time of an
aging society by utilizing the vitality of the private sector with providing stable senior housing system.
Please refer to the attached files or the preview for more details!