Gwonseon-gu Announces Individual Land Publicly Announced Prices and Accepts Appeals

[Suwon Ilbo=Reporter Seo Dong-young] Gwonseon-gu in Suwon will announce individual land publicly announced prices (PAPLs) as of January 1 this year for a total of 38,506 parcels in the district on the 29th and will accept appeals for revisions until June 29.

Excluding state and public-owned land, the average individual land publicly announced prices for all of Gwonseon-gu rose 6.52% compared to the previous year. The highest price is located at 1024 Korean Red Cross Gyeonggi Provincial Branch in Gwonseon-dong at 6,094,000 won per square meter, while the lowest price is at the access road to Yonghwasa Temple at 905-27 Homaesil-dong at 11,800 won per square meter, unchanged from the previous year.

Individual land publicly announced prices are used as the basis for levying various national and local taxes. Citizens can inquire about announced individual land publicly announced prices by visiting the Gwonseon-gu Office or each Administrative Welfare Center, or by accessing the Real Estate Public Announcement Price Notification website (http://www.realtyprice.kr) or the Korea Appraisal Board smartphone application.

Landowners and stakeholders who wish to appeal the individual land publicly announced prices can submit an appeal application to the Civil Affairs Office of the relevant city, county, or district by June 29.

For land subject to appeals, the district plans to re-investigate land characteristics, standard lands, and balance with nearby individual land prices, and will notify individual results by July 24 after verification by appraisers and deliberation by the Municipal Real Estate Appraisal Committee.

For more information, contact the Comprehensive Citizen Services and Land Management Team at Gwonseon-gu (228-6553).