Hwasun-gun to Conduct 'Individual Official Land Price Land Characteristics Survey' Starting from the 27th

[Hwasun=Asia Economy Honam Reporting Headquarters Reporter Kim Ji-woon] Hwasun-gun, Jeollanam-do announced on the 22nd that it will conduct a land characteristic survey to calculate individual publicly announced land prices as of July 1.

The survey targets about 4,000 parcels of land where land movements such as division, merger, or land category changes occurred from January 1 to June 30 this year.

The survey period is from the 27th of this month to the 22nd of next month, and through satellite imagery and field surveys, 24 items including various permits and approvals, land movements, and road conditions for individual lands will be investigated and used as basic data for calculating individual publicly announced land prices.

Once the land characteristic survey is completed, land prices will be calculated based on the standard land prices announced by the Ministry of Land, Infrastructure and Transport and the land price adjustment table.

The calculated publicly announced land prices will be finalized and announced on October 31 after price verification by appraisers, land price inspection, and deliberation by the Real Estate Price Public Announcement Committee.

A county official said, “Since individual publicly announced land prices serve as the basis for tax calculations such as national and local taxes, we will do our best to ensure accurate surveys are conducted.”

For more details, inquiries can be made to the Real Estate Management Team of the Happiness Civil Service Department at the county office.

Hwasun=Asia Economy Honam Reporting Headquarters Reporter Kim Ji-woon rosaria0704@asiae.co.kr

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