Daejeon Individual Official Land Price Rises 1.62%... Commercial Land in Eunhaeng-dong at 14.89 Million KRW per ㎡

Yuseong-gu up 2.54%, Seo-gu up 1.56%, Jung-gu up 1.05%

Daejeon City Hall / Daejeon - Photo by Park Jongmyeong

Daejeon City announced the individual publicly notified land prices as of January 1 this year for 238,015 parcels, excluding tax-exempt lands such as national and public lands, on the 30th.

This year's individual publicly notified land prices increased by an average of 1.62% compared to the previous year (national average 1.22%). By district, the increases were in the order of Yuseong-gu (2.54%), Seo-gu (1.56%), Jung-gu (1.05%), Daedeok-gu (0.70%), and Dong-gu (0.64%).

The distribution of land price changes per parcel compared to the previous year is as follows: price increase 61.5% (141,652 parcels), same price 23.1% (53,214 parcels), price decrease 15.0% (34,565 parcels), and newly surveyed 0.4% (892 parcels).

The highest land price was commercial land in Eunhaeng-dong, Jung-gu, at 14.89 million KRW per square meter, while the lowest was forest land in Secheon-dong, Dong-gu, at 466 KRW per square meter.

The publicly notified individual land prices can be checked on the Real Estate Public Price Information website and at the civil service offices of the respective district offices where the land is located.

If there is an objection to the notified price, an objection form can be submitted online through the Real Estate Public Price Information website or by mail, fax, or in person at the district office by May 29.

For lands with objections, the district mayor will re-investigate the appropriateness of the determined price, and if changes are necessary, the adjusted publicly notified prices will be announced on June 27.

This content was produced with the assistance of AI translation services.