Suwon to Operate Review and Objection Period for Individual and Apartment Housing Prices

[Suwon Ilbo=Reporter Seo Dong-young] Suwon City will operate a review and objection period for individual and apartment housing prices (draft) from April 29 to May 29.

Homeowners and other stakeholders (those affected by rights or interests) can visit the city homepage (www.suwon.go.kr)→Tax→Local Tax→Individual Housing Prices. Additionally, it is available at the Real Estate Announced Price Notifier homepage (www.realtyprice.kr) and the Tax Affairs Division of each district office where the property is located. Individual and apartment housing prices as of January 1 of this year can be confirmed.

If the announced price is unsatisfactory, objections can be filed from April 29 to May 29.

Submit the individual (apartment) housing price objection application form to the Tax Affairs Division of the district office where the property is located by mail or in person (application forms are available at each district office's Tax Affairs Division), or submit it online through the Real Estate Announced Price Notifier homepage.

For properties with filed objections, the appropriateness of the determined price will be re-investigated, verified by Korea Appraisal Board, and then submitted to the Real Estate Price Announcement Committee. The results of the committee's review will be notified to the objection applicant.