KAMCO Announces Public Leasing and Sale of 180 State-Owned Properties

From the 7th to the 9th, for 3 days

[Asia Economy Reporter Park Sun-mi] Korea Asset Management Corporation (KAMCO) announced on the 4th that it will lease and sell a total of 180 state-owned real estate properties through Onbid over three days from the 7th to the 9th.

KAMCO selects highly utilizable state-owned real estate and conducts leasing and sales weekly through Onbid. Since the ownership of state-owned real estate belongs to the government, there are no complicated rights issues such as mortgages or leases, making it reliable to use.

In particular, this public auction includes 131 new items such as farmland and residential apartments, as well as 49 items priced lower than the initial lease or sale price.

Before participating in the bidding, it is recommended to check the current status such as the type and location of the real estate in advance, and to consider detailed usage conditions including any restrictions on the property. Detailed announcements and bidding information can be found on the Onbid website or in the Smart Onbid app under ‘Real Estate → Announcements → KAMCO State-Owned Properties.’