Implementation of New Cadastral Survey in Magok 1 District, Gangseo-gu

Published 08 Apr.2021 14:32(KST)

Gangseo-gu Implements Land Registry Reorganization for Magok Urban Development Project Zone 1... Existing 3,239 Parcels Closed, 470 New Parcels Created

Implementation of New Cadastral Survey in Magok 1 District, Gangseo-gu

[Asia Economy Reporter Jong-il Park] Gangseo-gu, Seoul (Mayor Noh Hyun-song) announced that with the completion of the development project in Section 1 of the Magok Urban Development Project area, a new cadastral survey will be implemented.

The purpose is to provide accurate cadastral records and reliable comprehensive real estate information, contributing to the exercise and protection of residents' property rights.

The cadastral survey is an official register that certifies information and details about land, recording data such as location, shape, lot number, and boundaries.

The newly confirmed cadastral survey area for Section 1 of the Magok Urban Development Project covers 2,542,374 square meters around Magok-dong 1-2.

This corresponds to 69.3% of the entire Magok district area.

The previous cadastral records for a total of 3,239 lots (2,525,545.1 square meters) were closed, and 470 lots were newly created and registered.

By land use type (land category), residential land accounted for 55% of the total area (287 lots, 1,403,346.6 square meters), parks 23% (61 lots, 577,225 square meters), roads 17% (97 lots, 443,481.8 square meters), and schools 3% (7 lots, 68,946.4 square meters).

The newly implemented cadastral survey consists of eight types: ▲ Land Register ▲ Building Right Register ▲ Shared Land Register ▲ Cadastral Map ▲ Boundary Point Coordinate Register ▲ Land Use Plan ▲ Individual Official Land Price Certificate ▲ Building Register.

With this cadastral survey reorganization, landowners in the area can now obtain the newly confirmed cadastral records to exercise property rights such as ownership transfer registration.

The district plans to complete the cadastral survey reorganization for Sections 2 and 3 of the Magok Urban Development Project by December next year.

A district official stated, “We will work closely with Seoul Housing Corporation to promptly complete the project for unfinished land within the Magok Urban Development Project area. We will make every effort to ensure that residents do not face difficulties in exercising their property rights.”