Jeonnam 'Hwasun Samcheon District' Designated as Land Transaction Permission Zone for 3 More Years

0.827 km² (707 parcels) in Gangjeong-ri and Samcheon-ri, Hwasun-eup
Designated until March 27, 2028... Aimed at preventing speculative transactions

Samcheon District in Hwasun, Jeollanam-do has been re-designated as a land transaction permission zone for the next three years until March 27, 2028. The photo shows the re-designation status map. Provided by Hwasun County.

The 'Samcheon District' in Hwasun-eup, Hwasun-gun, Jeollanam-do has been re-designated as a Land Transaction Permission Zone for the next three years.

According to Hwasun-gun on the 31st, the 'Hwasun Samcheon District' covering 0.827 km² and 707 parcels in Gangjeong-ri and Samcheon-ri, Hwasun-eup, has been officially re-designated as a Land Transaction Permission Zone for three years until March 27, 2028.

This area was previously designated as a Land Transaction Permission Zone for the past two years and has now been extended for another three years.

The land transaction permission system is designated by city or provincial governors to prevent speculative transactions in areas where land speculation is prevalent or where there are concerns of rapid land price increases.

Once designated as a permission zone, transactions involving land above a certain size require approval from the head of the relevant city, county, or district office, and the land must be used for the approved purpose for a specified period.

Kim Sunseung, head of the Hwasun-gun Civil Service Division, said, "This re-designation as a Land Transaction Permission Zone is a measure to preemptively block illegal transactions or speculation. We ask for your understanding even if there may be some inconvenience in land transactions."

Details regarding the Land Transaction Permission Zone can be found in the public notice on the Hwasun-gun Office website or by checking the parcel-specific records at the Hwasun-gun Civil Service Division and each eup and myeon office.

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