Naju City, Jeollanam-do, will conduct a real estate survey of public properties to ensure efficient and systematic management of public assets by September.


According to the city on the 10th, the survey targets public properties managed by Naju City, including 35,770 parcels of land and 626 buildings.


Panorama of Naju City <br>Photo by Naju City

Panorama of Naju City
Photo by Naju City

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The city plans to focus on identifying unauthorized occupation (use) of land and discovering and organizing unregistered land in the public property management ledger to establish an efficient and rational public property management system, including the additional discovery of usable assets.


First, as a preliminary preparation for the enhanced survey, the city compared the public property management ledger with various cadastral records (land register, cadastral map, etc.) to verify ownership, area, and land category consistency, and completed the correction of the management ledger for any discrepancies.


Based on the on-site survey results, the city will strengthen the utility of public properties by promptly imposing compensation fees and concluding lease contracts when unauthorized occupation (use) is confirmed.


Additionally, the city will increase the utilization rate according to various administrative demands by discovering idle properties that have lost their administrative purpose and securing project sites, thereby also striving to enhance property value.


Mayor Yoon Byung-tae said, “Through the real estate survey of public properties, we will actively discover highly utilizable idle properties and establish a public property support system to timely secure key project sites. We will continue to do our best to lead the creation of new value through proactive public property management.”



Naju = Asia Economy Honam Reporting Headquarters, Reporter Kim Yuk-bong baekok@asiae.co.kr


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

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