Suncheon-si, Individual Official Land Price Inspection and Opinion Submission
Calculation of Individual Official Land Prices for Land Transfers as of July 1
[Suncheon=Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Suncheon City, Jeollanam-do (Mayor Heo Seok) announced on the 1st that the individual official land price inspection and opinion submission for this year will be conducted from today until the 23rd.
The target for this individual official land price inspection is the price per square meter for land where land movement such as division, merger, or land category change occurred from January 1 to June 30. It can be viewed by visiting the Suncheon City Land Information Division, the Eup/Myeon/Dong Administrative Welfare Centers in person, or through the city website (Category Information → Construction/Real Estate → Real Estate Information → Individual Official Land Price Inspection).
If landowners or interested parties have any opinions after inspecting the individual official land price, they can write an opinion letter and submit it by mail or visit to the city Land Information Division.
The city will re-verify the characteristics of the land parcels for which opinions have been submitted, undergo re-examination by an appraiser, and review by the Real Estate Price Disclosure Committee, then individually notify the opinion submitters and plan to announce the decision on the 29th of next month.
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A city official stated, “Since the individual official land price is closely related to property rights as it serves as the basis for national tax, local tax, and development charges, we hope citizens will take active interest in the individual official land price inspection so that a fair and accurate individual official land price can be decided and announced to protect their valuable property.”
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