KAMCO Announces Public Leasing and Sale of 64 State-Owned Properties
From the 31st to September 2nd
[Asia Economy Reporter Park Sun-mi] Korea Asset Management Corporation (KAMCO) announced on the 28th that it will lease and sell a total of 64 state-owned real estate properties through Onbid over three days from the 31st to September 2nd.
This public auction includes 27 new items such as farmland and residential apartments, as well as 37 items priced lower than the initial lease or sale price.
KAMCO selects highly utilizable state-owned real estate and conducts leasing and sales weekly through Onbid. Since ownership of state-owned real estate belongs to the government, there are advantages such as uncomplicated rights relations like mortgages and leases, making it reliable to use.
It is recommended to check the status of the real estate, such as its type and location, in advance before participating in the bidding. Detailed usage conditions, including restrictions on activities for each property, should also be considered.
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Detailed announcements and bidding information can be found on the Onbid website or within the Smart Onbid app under ‘Real Estate → Announcements → KAMCO State-Owned Properties.’
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