KAMCO Announces Public Leasing and Sale of 110 State-Owned Properties
[Asia Economy Reporter Ki Ha-young] Korea Asset Management Corporation (KAMCO) announced on the 17th that it will lease and sell a total of 110 state-owned real estate properties through Onbid from the 20th to the 22nd.
KAMCO selects highly utilizable state-owned real estate and conducts leasing and sales weekly through Onbid. Since the ownership of state-owned real estate belongs to the government, there are no complicated rights issues such as mortgages or leases, making it reliable to use. In particular, this public auction includes 50 new items such as farmland and residential apartments, as well as 60 items priced lower than the initial lease or sale price.
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Before participating in the bidding, it is recommended to check the status such as the type and location of the real estate in advance, and to consider detailed usage conditions including any restrictions on activities for each property.
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