‘Wen real estate policy sniper’ Kim Hyun-ah, former lawmaker appointed SH president

Seoul Mayor Oh Se-hoon appointed Kim Hyun-ah (pictured), former People’s Power lawmaker, as the president of the Seoul Housing and Urban Corporation (SH). According to the Seoul Metropolitan Government and the Seoul City Council on the 5th, the SH Executive Recommendation Committee delivered a list of presidents selected through an open competition to the city, and Mayor Oh appointed former Rep. Kim.

The city is coordinating the Seoul City Council’s Urban Planning Management Committee and Kim’s appointment hearing schedule. Initially, Kim’s appointment hearing was planned for the 14th, but it was postponed to 10 a.m. on the 19th as city councilors’ requests for data were expected to increase. The city council formed 15 members of the SH president candidate’s personnel hearing. Of these, 14 belong to the Democratic Party of Korea. City councilors are expected to focus on the real estate issue for the nominee Kim at the hearing. In particular, Kim’s nominee is expected to fight fiercely at the hearing as he owns multiple houses.

Nominee Kim reported real estate property worth 1,673,58 million won at the time of reporting the property to the National Assembly last year. She owns a total of 4 real estate, including 2 in her husband’s name, and an apartment in Cheongdam-dong, Gangnam-gu, Seoul (1.328 billion won) and a shopping mall in Jamwon-dong, Seocho-gu (115.26 million won) under her husband’s name. In her husband’s name, she has an apartment in Bugok-dong, Geumjeong-gu, Busan (96 million won) and an officetel in Jung-dong, Jung-gu, Busan (74.32 million won). As for other real estate, two cases of cheonsei rights under his name (apartment/office) and one case of cheonsei rights under his mother’s name (row houses) were reported.

Nae Jeong-ja Kim is a real estate expert who received a doctorate in urban planning from Gachon University. He entered the 20th National Assembly as a proportional representative and served as a member of the Land, Infrastructure and Transport Committee. Since September of last year, he has been active as a member of the People’s Power Emergency Response Committee and has sharply criticized the real estate policies of the Moon Jae-in government and former Minister of Land, Infrastructure and Transport Kim Hyun-mi. Regarding former Minister Kim’s remark, “If the apartment is bread, I will make it all night long,” he pointed out, saying, “Kim Hyun-mi’s bread is a joke.”

Nominee Kim said, “As Mayor Oh is focusing on solving real estate and housing problems, and SH is an institution that fully supports the market’s housing policy, I plan to actively support the policies promoted by Mayor Oh when he is appointed as president.”

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