Gyeonggi Province Finalizes Cadastral Records for Goduk International New City Phase 1

[Suwon Ilbo= Park No-hun] Gyeonggi Province announced on the 16th that lot numbers, land categories, areas, and coordinates have been assigned to Phase 1 of Goduk International New City, which completed development in July. Phase 1 covers approximately 2.73 million square meters in the Yeomyeom-ri and Haechang-ri areas of Goduk-myeon, Pyeongtaek.

Prior to issuing the cadastral records, the Pyeongtaek Mayor confirmed and announced the cadastral documents (land ledgers, cadastral maps, boundary point coordinate registers, etc.) from October 1 to 11. During the announcement period, there were no objections from stakeholders. The city proceeded as planned to close 3,140 existing land parcels including lot 134-4 in Yeomyeom-ri, Goduk-myeon, and newly confirmed 2,235 parcels including lot 4101 in Yeomyeom-ri.
The total area of the confirmed land remains the same as the existing land, but due to site development, the shapes and boundaries have been regularized, reducing the total number of parcels by 905.

With the cadastral records finalized and implemented, the Korea Land and Housing Corporation, the joint project operator of Goduk International New City, plans to complete ownership registration for Phase 1 during October and proceed with related procedures including the establishment of land ownership rights and ownership transfer registration for sold lands. Information about progress and procedures can be obtained by contacting the Pyeongtaek Business Headquarters Sales Department (031-612-8786).

Kim Jun-tae, Director of Urban Housing at Gyeonggi Province, said, "The issuance of cadastral records now makes it possible for residents to establish land ownership rights and conduct ownership transfer registration. Since land ownership has not been transferred until now, residents have likely faced many inconveniences in exercising property rights such as obtaining loans. We plan to make our best efforts in publicity by individually notifying land owners about the finalization and implementation of cadastral records and related procedures so that ownership transfer can be completed as soon as possible."

The Goduk International New City development project, conducted jointly by Gyeonggi Province, the Korea Land and Housing Corporation, Gyeonggi Urban Corporation, and Pyeongtaek Urban Corporation, involves developing 13.41 million square meters in the Seojung-dong and Goduk-myeon areas of Pyeongtaek in accordance with the ‘Special Act on Support for Pyeongtaek and Other Areas in Connection with the Relocation of the U.S. Military Base in Korea’ and the ‘Housing Site Development Promotion Act.’ By 2025, the project will supply a total of 59,512 units, including apartments (55,238 units) and single-family homes (4,274 units), and develop international exchange zones, urban support facilities, logistics facilities, public facilities, and religious and social welfare facilities.