KAMCO Announces Public Leasing and Sale of 77 State-Owned Properties

[Asia Economy Reporter Park Sun-mi] Korea Asset Management Corporation (KAMCO) will lease and sell a total of 77 state-owned properties through Onbid over three days from October 5 to October 7.

KAMCO selects highly utilizable state-owned properties and conducts leasing and sales weekly through Onbid. Since the ownership of state-owned properties belongs to the government, there are no complicated rights issues such as mortgages or leases, making them reliable for use.

In particular, this public auction includes 46 new items such as farmland and residential apartments, as well as 31 items priced lower than the initial lease or sale price.

A KAMCO official advised, "It is recommended to check the current status such as the type and location of the property before participating in the bidding, and to consider detailed usage conditions including any restrictions on the property."

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