As the public housing price of Sejong City soared more than 70% compared to last year this year, the burden on the ownership tax also increased significantly. A downtown apartment complex as viewed from Dajeong-dong, Sejong City. yunhap news
This year, the public housing price of public housing in the country soared 19.08%, the highest in 14 years, making it inevitable in the provinces as well.
On the 16th, the Korea Economic Daily commissioned Shinhan Bank’s real estate investment advisory center manager Byeong-tak Woo (tax accountant) to calculate the ownership tax (property tax + comprehensive real estate tax) of major local apartments this year. As a result, the number of complexes increased by more than 40% compared to last year decreased. .
The ownership tax was calculated on the assumption that a 59-year-old single-family homeowner who owned an apartment complex for less than 5 years did not receive a tax credit. Completed in 1979 in Namcheon-dong, Busan, the publicly announced price of 115 square meters of exclusive area for Samik Beach is 1.17 billion won, a 71.1% increase from last year (65 million won). The tenure tax that one homeowner who owns this apartment must pay this year is 2.57 million won, a 43.6% increase from last year (1.79 million won).
The 84㎡ for Belivebeom in Beomeo-dong, which is called the’Gangnam of Daegu’, jumped 47.1% from 726 million won last year to 1.071 billion won this year. The ownership tax increases by 43.7% from 1.95 million won last year to 2.8 million won this year. The ownership tax of the landlord, who owns a 114 square meter dedicated to the 2nd I-Park Complex 1, Munsu-ro, Sinjeong-dong, Ulsan, will also increase from 1.18 million won last year to 1.8 million won this year.
Professor Kwon Dae-jung of the Department of Real Estate at Myongji University said, “With the soaring public price, the tax burden on the middle class with a single house in the provinces will greatly increase, and tax resistance will increase.”
Busan’The Sharp Centum Star’ exclusive 164㎡… Ownership tax 1.83 million → 2.63 million won
Sejong Haedul Village 99㎡ 193 million won
It wasn’t just popular areas such as Gangnam in Seoul and’Mayongseong’ (Mapo, Yongsan, Seongdong-gu) that were hit by the’tax bomb’ due to the soaring public price this year. The burden of ownership tax (property tax + comprehensive real estate tax) has increased significantly in local metropolitan cities such as Busan, Daegu and Gwangju, including Sejong City, where house prices have soared due to the’Cheondo Loan’. In Seoul, apartments in remote areas, such as Nowon-gu, have been newly included in the tax target.
○Busan, Gwangju, etc.
On the 16th, the Korea Economic Daily analyzed the published prices of a total of 30 apartments, including local metropolitan cities, Sejong City, and the outskirts of Seoul, through the website of’Real Estate Listed Price Alert’, and as a result, many places showed high rates of increase.
For the first time this year, the number of apartments exceeding the published price of 900 million won, which is subject to comprehensive real estate tax, has increased significantly. This year’s official price of 164m2 for’The Sharp Centum Star’ in Jaesong-dong, Haeundae-gu, Busan, was 1.168 billion won, a 67.6% increase from last year, and included in the taxation target. This housing type, which was traded at 1.2 billion won in February last year, was actually traded at 1.65 billion won, an increase of 450 million won in September. The public price of 84㎡ dedicated to’POSCO THE SHOP’ in Bongseon-dong, Nam-gu, Gwangju rose 15.8% this year. It was three times higher than the 4.7% increase in public housing prices in Gwangju.
The aftermath of the soaring publicly announced price, intact, led to the burden of the tenure tax for one homeowner. As a result of a simulation of the change in the holding tax burden by requesting Woo Byung-tak, the manager of the Real Estate Investment Advisory Center of Shinhan Bank (tax accountant) (aged 59 and under 5 years of ownership, without tax credit), a 164m2 for’The Sharp Centum Star’ The landlord who owns the house is required to pay about 2.63 million won in ownership tax this year. It is an increase of 800,000 won (43.6%) from about 1.38 million won last year. “It is true that the price of the house has risen, but it is difficult to know how to pay the ownership tax in a situation where the actual income remains the same,” said A, in his 40s, living in Haeundae-gu.
Sejong-do, where the public price increase rate exceeded 70%, is subject to taxation. As the political world debates before the National Assembly, the price of the house in Sejong has skyrocketed. The 102m2 for’Gaon Village 12 Complex The Heist’ in Dajeong-dong surpassed 900 million won for the first time with an official price of 920 million won this year. It is up 69.9% compared to last year. The ownership tax rises 41.1% from about 1.12 million won last year to about 1.59 million won this year. The published price of 99㎡ dedicated to’Hadeul Village 6 Complex e Pyeonhansesang River Park’ in Daepyeong-dong, where Geumgang can be seen, is 949 million won, a 67.4% increase from last year. The ownership tax is estimated to be about 1.93 million won, up 43.0% from last year.
○ The suburbs of Seoul are subject to the final tax.
In the outskirts of Seoul, there were many complexes where the ownership tax increased by more than 40%. The rate of increase in published prices in Nowon-gu (34.66%), Seongbuk-gu (28.01%), and Dongdaemun-gu (26.81%) far exceeded that of Seoul this year (19.91%).
The’Nodo River’ (Nowon, Dobong, and Gangbuk), which many homeless commoners visit as their first residence, could not escape the tax bomb. One homeowner who owns a 134m2 for’Dongjin Shinan Apartment’ in Junggye-dong, Nowon-gu, will be required to pay about 2.83 million won in ownership tax this year. This is a 43.8% increase from last year (about 1.97 million won). The official price of the complex this year is 973 million won, which is 32.9% higher than last year (733 million won), and it is subject to taxation.
A official G official in Junggye-dong pointed out that “I can’t believe that the rate of increase in the publicly announced prices in remote areas such as Nodo River is higher than in the Gangnam area.”
This year’s public price of 157 square meters dedicated to’Mukdongzai 2 Complex’ in Muk-dong, Jungnang-gu, was 1.58 billion won, a 30.8% increase from last year’s (89 million won). This year’s ownership tax is about 3.24 million won, a 44.0% increase from last year’s (about 2.25 million won). For the first time, 84 square meters dedicated to’Raemian Cresity’ in Jeonnong-dong, Dongdaemun-gu, exceeded the official price of 900 million won. With the increase of 26.7% from last year to 912 million won, the ownership tax should pay about 2.25 million won, up 41.6% from last year.
Sim Gyo-eon, a professor at Konkuk University’s Department of Real Estate, said, “The tax paid only in certain regions, such as Gangnam, has become a’national tax’ due to the soaring public price. He emphasized.
Reporter Jang Hyun-joo/Jeon Hyeong-jin [email protected]