The way Korea Land and Housing Corporation (LH) employees, who are suspicious of land speculation, bought the candidate site for a new city was different from the usual trading. Experts analyze that paving stones aimed at compensation profits have been laid all over the place.
Gwarim-dong, Siheung-si, Gyeonggi-do on the afternoon of the 3rd, amid allegations of land dumping by LH Corporation employees in the Gwangmyeong and Siheung districts, which were further confirmed as the 3rd new city. Reporter Jang Jin-young
The representative example is that the employees jointly bought the land and then divided it again. According to the announcement of the Association of Attorneys for Participation Solidarity and Democratic Society (Minbyun) and a certified copy of the registration book secured by the JoongAng Ilbo, 7 people including LH employees and spouses bought a field (5025m2) in Gwarim-dong, Siheung-si, Gyeonggi-do in February of last year for 2.25 billion won. Was. The five people paid for purchases by borrowing about 1.7 billion won from one Agricultural Cooperative in Siheung.
Why was the land divided by 1000㎡?
Five months later, the land was divided into 4 parcels of 1,000 square meters or more. Minbyun said, “LH’s internal regulations will compensate for land over 1000㎡.” It means that it seems that the land shares were divided by 1,000 square meters in order to compensate for the large land in accordance with this regulation. Large land compensation is an acceptance method in which landlords who own a certain area of land are compensated with’land’ instead of cash compensation when building a housing site.
Regarding this reasoning, an LH official said, “The land area that can apply for large soil is over 60㎡ in residential areas, over 150㎡ in commercial and industrial areas, over 200㎡ in green areas, and over 60㎡ in other areas.” Even if the area is less than 1000㎡, it is possible to apply for compensation.
Did you aim for housing site qualification as a negotiated transferor?
In the real estate industry, there is also an interpretation that it is the composition of shares with the consideration of “a negotiated transfer of housing land compensation”. If you own more than a certain area of land in the receiving area for public housing, you can get additional rights to receive land inexpensively in addition to cash compensation. The standard is that the metropolitan area is over 1000㎡. You can only build detached houses on this land, but you can buy the land at a lower price than the market price and make a profit for development. Many of the employees who are suspicious of speculation are in charge of compensation for LH, so the industry is not attracting any suspicion.
The area of Gwarim-dong, Siheung-si, Gyeonggi-do, where a suspicion of land speculation by employees of the Korea Land and Housing Corporation (LH) has been raised. Reporter Chae Hye-seon
A real estate agent near the 3rd new town said, “If the acreage level was uniformly adjusted, it is highly likely that we would have been aiming for land compensation or the negotiator’s housing site.” He said, “The general public may not have such a system, but those who have received compensation for being accepted at least once will be able to know,’I think we can give you the right to a housing site that is negotiated with this level of water.’
In the industry, whether it is a land compensation or a negotiated transfer, it is evaluated as “a great hit if you receive it as a good land.” This is because land of little value for farmland or residential use can be received as new land that has been neatly arranged. Additional profits can be expected if commercial facilities are built around them. In fact, the only way to receive compensation without living in the land receiving area is real estate compensation or negotiated transfer.
Another new city real estate agent said, “Because you receive compensation as compensation and the authority to buy cheaper than the market price, you can see that it is better than compensation for large land. It’s a problem to know the plan in advance and get in.
Reporter Moon-hee Wi [email protected]
