Cheap land at 428 KRW per ㎡, highest at 13.28 million KRW... Ulsan Individual Official Land Prices Announced

Ulsan Entire Area Down 6.66% Compared to Last Year

Decision and Announcement on 28th, Objections Accepted Until May 30

The individual publicly announced land prices in the Ulsan area were found to have decreased by 6.66% compared to last year.

Ulsan City announced the individual publicly announced land prices for a total of 432,638 parcels as of January 1 this year on the 28th.

This year, Ulsan City's individual publicly announced land prices fell by 6.66% compared to last year. This is analyzed to be due to the real estate market downturn and the reflection of the realization rate according to the Ministry of Land, Infrastructure and Transport's policy.

By district and county, Ulju-gun recorded the largest decline at 6.88%. This was followed by Dong-gu at 6.84%, Buk-gu at 6.74%, Jung-gu at 6.57%, and Nam-gu at 6.38%.

The highest land price was found in a plot in Samsan-dong, Nam-gu, at 13.28 million KRW per square meter.

On the other hand, the lowest land price in Ulsan was recorded for a plot in Icheon-ri, Sangbuk-myeon, Ulju-gun, at 428 KRW per square meter.

The individual publicly announced land prices can be checked from the 28th by entering the land location and lot number on the Ulsan Real Estate Information Inquiry System.

Landowners or others who have objections to the decided and announced individual publicly announced land prices can file an objection with the district or county office of the land location by May 30.

For individual parcels with objections, the district or county will re-investigate, decide whether to readjust after deliberation by the district or county Real Estate Price Public Announcement Committee, and notify in writing.

Individual publicly announced land prices are prices per square meter for individual land parcels, investigated, decided, and announced by the district or county where the land is located, and are used as the basis for various national and local taxes and charges.

Ulsan City Hall.

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