KAMCO Announces Public Leasing and Sale of 120 State-Owned Properties

[Asia Economy Reporter Kwangho Lee] Korea Asset Management Corporation (KAMCO) announced on the 16th that it will lease and sell a total of 120 state-owned real estate properties through Onbid over three days from the 19th to the 21st.

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

In particular, this public auction includes 92 various new items such as farmland and apartment complexes, as well as 28 items priced lower than the initial lease and sale prices.

Before participating in the bidding, it is advisable to check the current status such as the type and location of the real estate in advance, and consider detailed usage conditions including any restrictions on the property.

Detailed announcements and bidding information can be found on the Onbid website or within the Smart Onbid application under Real Estate, Announcements, and KAMCO State-Owned Properties.

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