Yangju City Conducts 2017 Individual Official Land Value Inquiry and Opinion Submission Period

Yangju City is accepting inquiries and opinion submissions for 2017 individual official land values based on January 1, 2017, through the 2nd of next month.

The individual official land values for inquiry as of January 1, 2017 cover 136,767 parcels of land across all of Yangju City, excluding standard land plots, and are being made available for inspection at rates of KRW per square meter by lot number.

Individual official land value inquiries can be made by visiting the Land Management Division, via telephone confirmation, and through the Yangju City Hall website. If property owners or relevant stakeholders have opinions regarding the official land values, they may submit the individual official land value opinion submission form available at the Land Management Division or submit it online through the city website after real-name authentication.

For land parcels on which opinions have been submitted, the land characteristics will be re-confirmed and a re-investigation will be conducted to ensure balance with standard land plot prices and nearby land prices. Following verification by the responsible certified appraiser and deliberation by the Yangju City Real Estate Price Public Notification Committee, the results will be individually notified to the opinion submitter, and a final decision and public notification will be made on May 31.