Kamco to Auction Seized Assets Worth 155.2 Billion KRW from 10th to 12th

The Ticket Gate Results Will Be Announced on August 13

[Asia Economy Reporter Park Sun-mi] KAMCO (Korea Asset Management Corporation) announced on the 7th that it will auction 1,277 items worth 155.2 billion KRW, including 227 residential buildings such as apartments and houses nationwide, through Onbid from the 10th to the 12th.

The auctioned items are those requested by public institutions such as tax offices and local governments to KAMCO for auction in order to collect delinquent taxes. This auction includes 377 items priced at 70% or less of the appraised value.

When bidding in the auction, careful analysis of rights is necessary, and the buyer is responsible for evicting tenants, so caution is required. The auction of the relevant items may be canceled before bidding due to reasons such as tax payment or undeliverable notices.

New auction items will be announced on the 12th through Onbid, and more detailed information can be found on the Onbid website under ‘Real Estate or Movable Property > Announcement > KAMCO Seized Assets’.

This content was produced with the assistance of AI translation services.