The reconstruction of condominiums is positively affected by favorable conditions such as the high land price and the low floor area ratio in Korea. In addition, regardless, of the short history of condominium, reconstruction could start as soon as a condominium is 20 years old. This fact holds in itself the problem of the premature reconstruction. The reconstruction of condominiums built in the 1980's is already about to start in Korea. It is an enormous waste of economical resources. Moreover, it is thought that the tightening of the floor area ratio policy in the residential areas of Seoul city and the metropolitan area makes a large number of condominiums existing non-conforming to the regulations. The regulations and policies make the reconstruction of condominiums more difficult. Therefore, to solve such a problem fundamentally, it is thought necessary to make possible the readjustment of zone and the joint utilization of sites through revision of the law.
