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Dongducheon City Announces 2017 Individual Publicly Announced Land Price Decision

Dongducheon City announced that it will officially decide and announce the individual publicly announced land price calculated as of January 1, 2017 on May 31, and will accept objections until June 29.

The 37,332 individual publicly announced land price parcels being decided and announced this time were determined through comprehensive investigation of land characteristics by responsible public officials from December of last year, verification by certified appraisers, and deliberation by the city's Real Estate Price Announcement Committee. The prices show an increase of approximately 2.2% compared to the previous year.

The decided individual publicly announced land prices can be inquired at the Dongducheon City Civil Affairs Service Division or viewed through the city's website. Land owners and interested parties with objections can submit an objection application form to the City Hall's Civil Affairs Service Division by June 29.

For lands with objections raised, land characteristics and price balance with adjacent properties will be re-investigated to calculate the individual publicly announced land price, undergo verification by certified appraisers, confirm the adjusted price, and notify the applicant of the processing results.

For more details, please contact the Dongducheon City Hall Civil Affairs Service Division (☎031-860-2151).

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