Osan City Operates Objection Filing Period for Individual and Multi-Unit Housing Prices Until the 29th This Month

[Suwon Ilbo=Reporter Seo Dong-young] Osan City has determined and announced the prices for 123 individual houses and 183 multi-unit housing units based on June 1 of this year, and will operate an objection filing period until the 29th of this month.

The properties subject to public notice are housing prices for properties where changes occurred, such as new construction or expansion of buildings and division or merger of land, after the regular public notice date (January 1, 2020).

Housing prices were determined by calculating individual housing characteristics in comparison to standard housing designated by the Minister of Land, Infrastructure and Transport, following price verification by the Korea Appraisal Board and deliberation by the Real Estate Price Public Notice Committee.

The announced housing prices can be viewed by visiting the City Tax and Finance Division or the dong Administrative Welfare Center, or through the Real Estate Price Public Notice Notifier website (www.realtyprice.kr).

Owners of the respective housing units and legally interested parties may file objections to individual housing prices by the 29th according to the format provided at the viewing location. For multi-unit housing prices, electronic filing can be done through the Ministry of Land, Infrastructure and Transport website.

Housing units for which objections are submitted will be re-examined regarding the appropriateness of price calculation and price balance with neighboring properties, and results will be notified on November 27 and adjusted and re-announced.

For more information, contact the City Tax and Finance Division for individual houses and the Korea Appraisal Board Southern Gyeonggi Branch for multi-unit housing.