Gyeongsan-si, Gyeongbuk, Announces Individual Housing Prices... 3.61% Increase Compared to Last Year

Gyeongsan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] Gyeongsan City, Gyeongbuk Province, announced on the 29th the prices of 21,904 individual houses as of January 1 this year and will operate a viewing and objection period until the 30th of next month.

This year, the individual house prices in Gyeongsan City increased by 3.61% compared to the previous year. The announced individual house prices represent the combined price of land and buildings, providing price information to the housing market and serving as basic data for tax imposition standards, health insurance premium calculations, and other purposes.

Those who have objections to the house prices can submit an objection form by visiting the Tax Department at City Hall or the Eup/Myeon Administrative Welfare Center in person, or by mail, fax, or online through the Ilsapyeonri Real Estate Integrated Civil Service website until the 30th of next month.

For houses with received objections, a re-examination of the house characteristics and the appropriateness of the assessed price will be conducted in June, followed by a review. The adjusted announcement will be made on June 24, and the results will be individually notified to the objectors.

The viewing and objection period for prices of multi-family housing (apartments, row houses, multi-unit houses) managed by the Ministry of Land, Infrastructure and Transport will also be held from the 29th until the 30th of next month. For more details, inquiries can be made to the Daegu branch of the Korea Real Estate Board or the Korea Real Estate Board Call Center.

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