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Most Expensive Land in Yongin City: Emart Jukjeon Branch Building Site in Jukjeon-dong, Suji-gu (Lot 1282)

Same as last year...Yongin city's overall individual public land price rose 10.09% compared to previous yearLand determination and announcement for entire city on 31st, objections accepted until June 30
Yongin City Hall Building. (Photo = Yongin City)
Yongin City Hall Building. (Photo = Yongin City)

[Suwon Ilbo = Reporter Park No-hun] The most expensive land in Yongin City, as was the case last year, is the Emart Jukjeon branch building site at Lot 1282 in Jukjeon-dong, Suji-gu, valued at 7,225,000 won per square meter, while the least expensive land is located at Lot 49-1, Hakil-ri, Wonsam-myeon, Choin-gu, valued at 4,220 won per square meter.

This is based on Yongin City's determination and announcement on the 31st of individual public land prices for 271,277 land parcels throughout the city as of January 1st.

According to this, individual public land prices rose an average of 10.09% compared to last year. By district, Suji-gu showed the highest increase rate at 10.72%, while Choin-gu and Giheung-gu showed increase rates of 9.77% and 9.99%, respectively.

The most expensive location in Giheung-gu was found to be the Lotteria building site in Shingarl-dong, valued at 6,561,000 won per square meter, while in Choin-gu, the National Agricultural Cooperative Federation Bank site in Kimnyang-jang-dong was identified as the most expensive land at 6,538,000 won per square meter.

Objections to individual public land prices can be filed by completing the individual public land price objection form available at district offices and eup/myeon/dong civil service centers by June 30th and submitting it to the civil affairs and cadastral division of the district office where the land is located.

The city plans to re-investigate the appropriateness of the determined prices for objected lands, conduct verification through appraisals and reviews by the Real Estate Price Public Announcement Committee, and notify individual results.

Individual public land prices are utilized as the basis for levying national and local taxes related to land, such as comprehensive real estate taxes, property taxes, and acquisition taxes, as well as various public charges.

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