Gwangju Seo-gu, Operation of Individual and Collective Housing Price Inspection and Opinion Submission Period

[Asia Economy Honam Reporting Headquarters Reporter Yoon Jamin] Seo-gu, Gwangju Metropolitan City (District Mayor Seo Daeseok) announced on the 16th that it will operate a viewing and opinion submission period for individual housing and apartment prices (draft).

The individual housing prices are based on January 1, 2021, and can be viewed from the 19th of this month until the 7th of next month, while apartment prices can be viewed until the 5th of next month.

A total of 105,468 houses are subject, including 14,289 individual houses and 91,179 apartments.

Homeowners and stakeholders can apply for viewing by visiting or calling the Tax Division 1 (Housing Evaluation Team) of Seo-gu Office directly, or access the Real Estate Public Price Informer online to view the prices.

Seo-gu will re-examine the balance and appropriateness of the submitted opinions in relation to the standard housing prices and nearby housing prices, and individually notify the opinion submitters of the processing results.

The housing prices (draft) to be viewed this time will be decided and announced on the 29th of next month after deliberation by the Real Estate Price Public Announcement Committee, and objections to the announced prices can be filed until May 28.

The announced housing prices will be used as the basis for calculating local taxes (property tax, acquisition tax), national taxes (comprehensive real estate tax, capital gains tax, etc.), and health insurance premiums.

A Seo-gu official said, “We hope that this viewing and opinion submission of individual and apartment housing prices (draft) will contribute to the realization of fair taxation and the actualization of the tax base.”

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