Naju-si Announces Determination and Public Notice of 'Individual Official Land Prices' for 262,627 Parcels

[Naju=Asia Economy Honam Reporting Headquarters Reporter Kim Yukbong] Naju City, Jeollanam-do (Mayor Kang In-gyu) announced on the 7th that it has determined and publicly announced the individual official land prices for 262,627 parcels as of January 1st this year.

This year's individual official land prices were determined through land characteristic surveys, appraiser verification, and hearing landowners' opinions in accordance with relevant guidelines.

The city's average land price change rate rose by 15.57% compared to the previous year, with the highest land price assessed at 2,685,000 KRW per square meter for a parcel located in Bitgaram-dong.

The lowest land price was 425 KRW per square meter for a parcel located in Gukdong-ri, Munpyeong-myeon, and the determined and announced land prices are not individually notified due to the widespread use of electronic viewing.

Viewing and confirming the official land prices can be done through the city hall website, Ilsa Pyeonri (Jeonnam Real Estate Information Inquiry System), by visiting the relevant eup, myeon, or dong office, or by contacting the Citizen Service Division.

Landowners and stakeholders who have objections to the land price assessment can fill out and submit an objection form available at the Citizen Service Division or the relevant eup, myeon, or dong civil service office by the 30th of this month.

The city plans to re-investigate the parcels subject to objections, considering balance with nearby standard land official prices, verify through appraisers, and review by the Real Estate Price Public Announcement Committee, then individually notify the applicants of the results.

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