New Town Projects

The concept of the ‘New Town’ in Korea’s development goes back to the Park Chung Hee administration. The term used from the early 70s, Saemaeul Undong, is usually translated as ‘New Village Movement’ and sometimes as ‘New Town Movement’, depending on the context. I find the former more literal. maeul is often used as a direct equivalent to the English concept of a rural village, and the movement was largely focused on revitalizing Korea’s rural communities.

At least one research paper recognizes five phases of New Town development beginning in 1962. That’s an interesting read, but my focus has been on a specific set of New Town projects announced in the early 2000s.

These projects were focused exclusively within Seoul. They were aimed at correcting an imbalance between Gangnam and other parts of the city. When Gangnam was desginated as a major focus of development in the 1970s, development in other areas had been restricted. As a result, housing prices in Gangnam skyrocketed while housing in other areas deteriorated. Gangnam saw more cultural properties and medical facilities constructed.

The imbalance was exacerbated in the late 80s and early 90s when the government began developing New Towns in the greater Seoul area, outside of the city’s borders. This resulted in towns like Ilsan and Bundang, where new apartments went up and became the next choice for residents unable to afford or find property in Gangnam and unwilling to consider the underdeveloped areas.

In 2002, the Seoul government designated three projects as part of a pilot New Town program:

This was followed in 2003 by a list of 12 New Town projects:

11 more projects were added in 2005:

Some of the projects have been completed and others are in varying stages of development. The Hannam New Town project, for example, was stuck in the planning phase due to multiple disputes between the stakeholders, developers, and the city government, until November of 2023, when the resident relocation period began.

Additional Resources

Mike from Korea References