KAMCO Announces Public Leasing and Sale of 124 State-Owned Properties

Including 75 Items Priced Lower Than Initial Loan and Scheduled Sale Prices

[Asia Economy Reporter Kwangho Lee] Korea Asset Management Corporation (KAMCO) announced on the 19th that it will lease and sell a total of 124 state-owned real estate properties through Onbid over three days from the 22nd to the 24th.

KAMCO selects highly utilizable state-owned real estate and conducts leasing and sales weekly through Onbid.

State-owned real estate has the advantage of ownership by the government, making rights relations such as mortgages and leases uncomplicated and reliable for use.

In particular, this public auction includes 49 new items such as farmland and residential buildings, as well as 75 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 activities for each property.

Detailed announcements and bidding information can be found on the Onbid website or the Smart Onbid application (app).

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