Osan's Standard Land Public Notice Price Rises 4.9% Year-on-Year

[Suwon Ilbo=Reporter Seo Dong-young] This year's standard land public notice price in Osan has risen 4.9% compared to last year.

According to the 2020 standard land public notice price announced by the Ministry of Land, Infrastructure and Transport on the 13th, the national figure rose 6.33% from last year, Gyeonggi Province rose 5.79%, and Osan rose 4.9% respectively.

Standard land public notice price is the assessed and announced appropriate price for land as of January 1st each year. There are 597 standard plots in Osan. The price serves as the calculation basis for approximately 39,000 surveyed plots for land appraisal and individual public notice price assessment.

Among Osan's standard land public notice prices, the highest price per square meter is Lot 777-1, Won-dong, at 5.99 million won per square meter, rising 2.9% from the previous year. The lowest price is Lot 133-1, Jigot-dong, at 18,500 won per square meter, remaining the same as the previous year.

The standard land public notice price can be viewed at the Ministry of Land, Infrastructure and Transport website (www.molit.go.kr), the Real Estate Price Notifier website (www.realtyprice.kr), and the Land Information Division of Osan City Hall until the 13th of next month. Those who object to the announced price may file an objection with the Ministry of Land, Infrastructure and Transport during the same period.

Based on the decided and announced standard land public notice price, Osan will begin calculating individual public notice prices from mid-February, and after verification by dedicated appraisers and review by landowners and relevant stakeholders, it plans to decide and announce the final price on May 29th.

For more details, contact the City's Land Information Division (031-8036-7302).