Jeon Yoon-sik, Candidate for Jeonnam Provincial Assembly, Raises Allegations of Land Speculation Against Opponent

"Candidate Han Chun-ok Must Clarify Real Estate Speculation Allegations"

Land in Cheongha-myeon, Gimje-gun, Jeonbuk Province purchased by candidate Han Chun-ok

[Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Joo Yoon-sik, an independent candidate for the Suncheon District 1 by-election and former Jeonnam Provincial Assembly member, raised allegations of land speculation against Han Chun-ok, the Democratic Party candidate.

On the 31st, Candidate Joo presented Han's land cadastral map and stated, "I cannot understand this at all and want to ask the citizens of Suncheon. This is a serious situation where allegations of land grabbing beyond speculation and investment controversies can be raised."

He continued, "Usually, such land is claimed to be used for land grabbing along with the development of surrounding land, and I want to ask the citizens their thoughts on this."

Candidate Han previously said, "Neither my husband nor I have ever engaged in real estate speculation. We bought three places with the mindset of saving our salaries diligently," adding, "It has been 14 to 16 years since the purchase. If we had made short-term profits from development information, we would have already sold or bought other real estate."

She also emphasized, "There is no development prospect at all. Even if development occurs, the total share does not reach 1000㎡, so it is not an issue related to LH speculation controversies," and added, "Moreover, there is no possibility of compensation through land-for-land exchange, so it is a clear fact that there was no intention to speculate."

Regarding this, a real estate industry insider commented that if the land was purchased in Jeonbuk Province, Chungnam Province, or Gyeonggi Province rather than in the Suncheon area, it is closer to speculation as the land was not bought by an actual user.

Also, purchasing only shares of the land is interpreted as having little intention to use or profit from the land, which is close to speculation.

A licensed real estate agent A, operating an office in Suncheon City, said, "All the land purchased by Candidate Han was through share purchases, which is not the typical transaction form seen in general land purchases," and added, "The shape of the land on the cadastral map is a situation where anyone can have suspicions such as land grabbing."

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