Gwangju City to Announce Officially Assessed Land Prices for 2,381 Parcels... Objections Accepted Until November 28

Gwangju City in Gyeonggi Province announced on October 29 that it will determine and publicly announce the officially assessed prices for 2,381 individual land parcels as of July 1, 2025, on October 30.

Gwangju City Hall exterior. Provided by Gyeonggi Gwangju City

The individual officially assessed land prices to be determined and announced this time will serve as important reference data for the exercise of property rights by landowners and stakeholders. Objections will be accepted for 30 days, from October 30 to November 28.

To view the assessed land prices, individuals can either visit the Land Price Management Team at the Land Management Division of Gwangju City Hall in person, check by phone, or easily access the information through the Real Estate Price Information website.

Landowners and stakeholders who have objections to the results can submit their objections in person at the Land Price Management Team of the Land Management Division at Gwangju City Hall from October 30 to November 28, or apply online through the "Objection to Individual Officially Assessed Land Price" menu on the Government24 website.

For land parcels with submitted objections, the land characteristics will be re-examined, and the balance with the standard land price or the prices of neighboring land will be reviewed and verified by an appraiser before being processed. The results will then be individually notified to the applicants.

A city official stated, "The individual officially assessed land prices are used as basic data for various administrative tasks such as tax imposition, calculation of development charges, and determination of usage fees for national and public land. We urge all citizens to check the publicly announced prices and to submit objections within the designated period if there are any concerns."

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