KAMCO, Leasing and Sale of State-Owned Properties Including Apartments in Unseo-dong, Incheon

[Asia Economy Reporter Minwoo Lee] Korea Asset Management Corporation (KAMCO) will lease and sell state-owned real estate, including apartments in Unseo-dong, Jung-gu, Incheon.

KAMCO announced on the 2nd that it will lease and sell a total of 138 state-owned real estate properties through the Onbid platform from the 5th to the 7th. State-owned real estate has the advantage of having ownership by the state, so there are no complicated rights issues such as mortgages or leases, making it reliable to use.

This public auction includes 64 new items such as farmland and residential buildings, as well as 74 items priced lower than the initial lease/sale price.

It is recommended to check the status of the real estate, such as its type and location, before participating in the bidding. Also, detailed usage conditions such as restrictions on each property should be considered.

Detailed announcements and bidding information can be found on the Onbid website or within the Smart Onbid application under ‘Real Estate → Announcements → KAMCO State-Owned Property.’

Meanwhile, since 2018, KAMCO has been providing a 'Real Estate Electronic Contract Service' linked with the Ministry of Land, Infrastructure and Transport’s electronic real estate transaction contract system to improve the efficiency and convenience of lease and sale contract operations.

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