1. Land Subdivision Project [LSP] was retreated in Korea, because of various special laws, that is, land Development Promotion Law, Housing Development Promotion Law, and so on. Even though these special laws make urban development project disarrange,...
1. Land Subdivision Project [LSP] was retreated in Korea, because of various special laws, that is, land Development Promotion Law, Housing Development Promotion Law, and so on. Even though these special laws make urban development project disarrange, Land Subdivision Project should be executed with priority.
2. Minister of Construction & Transportation would rather submit LSP to local government, by doing so the execution and the procedure of project is not complicated.
3. The special law for local land development must be amended for these reasons :
① the special charge on farm land developed by LSP, which amount to 20% of the officially evaluated land value is burdened.
② in this ISP, the special charge on farm land is not subtracted.
③ the provision of cheap housing land is impossible.
4. For more effective contribution to land development by LSP many related regulations in the law which enable LSP to exist must be also amended soon.