Goyang City Announces Officially Assessed Individual Land Prices, Accepting Objections Until November 28

Goyang City Assesses 1,243 Land Parcels

Goyang Special City in Gyeonggi Province (Mayor Lee Donghwan) announced on October 31 that it has determined and publicly disclosed the officially assessed individual land prices as of July 1, 2025, as of October 30, and will be accepting objections until November 28.

Exterior view of Goyang Special City Hall. Provided by Goyang Special City.

The land subject to this public disclosure includes a total of 1,243 parcels where land movements such as division, merger, or changes in land category occurred during the first half of 2025. The official announcement was made after investigations by responsible officials, verification by certified appraisers, and deliberation by the Real Estate Price Disclosure Committee.

The officially assessed individual land prices can be checked on the "Real Estate Price Information" website (www.realtyprice.kr). If there are any objections after checking, an objection form can be submitted to the district office with jurisdiction over the land (by mail, in person, or by fax), or through the Real Estate Price Information website.

Submitted objections will be re-investigated and verified for the appropriateness of the standard land and land characteristics survey, as well as price balance with neighboring land. After deliberation by the Goyang Special City Real Estate Price Disclosure Committee, adjustments and public disclosure are scheduled for December 22, 2026.

A city official stated, "As the officially assessed individual land price serves as the basis for both national and local tax assessments, landowners and stakeholders must verify the assessed price to avoid any financial disadvantages due to missing the objection period."

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