[Asia Economy Reporter Kwangho Lee] Korea Asset Management Corporation (KAMCO) announced on the 17th that it will lease a total of 115 state-owned real estate properties through Onbid over three days from the 20th to the 22nd.
KAMCO selects highly utilizable state-owned real estate and conducts leasing and sales weekly through Onbid. State-owned real estate has the advantage of ownership by the government, meaning there are no complicated rights issues such as mortgages or leases, allowing for reliable use.
In particular, this public auction includes 62 new items such as agricultural land and residential buildings, as well as 53 items priced lower than the initial lease price.
Before participating in the bidding, it is advisable 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 activities for each property.
Detailed announcements and bidding information can be found on the Onbid website or the Smart Onbid application (app).
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