Guri City Holds Real Estate Price Disclosure Committee... Review of Individual Officially Assessed Land Prices Completed

23,060 Parcels to Be Reviewed as of January 1

Official Announcement and Determination Scheduled for the 30th

Guri City, Gyeonggi Province, announced on the 29th that it held the "2nd Guri City Real Estate Price Disclosure Committee of 2026" in the situation room on the 3rd floor of City Hall on the 27th, where it reviewed matters such as the draft decision on individual officially assessed land prices as of January 1, 2026.

Baek Kyunghyun, Mayor of Guri City, held the "Second Guri City Real Estate Price Disclosure Committee of 2026" on the 27th at the situation room on the 3rd floor of the city hall. Provided by Guri City

The committee meeting was attended by 12 members of the Real Estate Price Disclosure Committee, chaired by the Deputy Mayor, who examined the appropriateness and fairness of the calculation of individual officially assessed land prices.

The main agenda items included: ▲ Review of the draft decision for individual officially assessed land prices as of January 1, 2026 for 23,060 land parcels ▲ Review of the draft for five parcels where opinions on individual officially assessed land prices were submitted ▲ Review of two cases for the selection of standard land to be applied at the end point of development charge imposition.

Because individual officially assessed land prices serve as the basis for imposing national and local taxes related to land, as well as various charges, accurate and fair calculation is crucial. Guri City plans to reflect the results of the committee's review and determine and officially announce the individual land prices on April 30.

A Guri City official stated, "Since individual officially assessed land prices are important administrative information closely tied to citizens' property rights, the review was conducted in a fair and transparent manner." The official added, "We will continue to do our best to provide accurate land administration services."

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