Input 2021.03.16 14:26 | Revision 2021.03.16 14:27
The number of apartments that are not subject to property tax reduction is increased by 45 times.
Dodam-dong Cebudam next to the Ministry of Equipment and Land, Infrastructure and Transport↑
As the official price of apartments in Sejong City rises at the fastest rate in the country, the burden of holding taxes such as comprehensive real estate tax is expected to increase significantly for public officials working at the Sejong Government Complex. The discussion on the relocation of the National Assembly triggered by the politics has caused the housing price to skyrocket in Sejong City, and the government’s plan to realize the official price is added to the government’s plan for realization of the official price.
According to the Ministry of Land, Infrastructure and Transport on the 16th, the number of apartments in Sejong City, which is required to pay a tax tax over 900 million won, totaled 1760 units, up 70 times from last year’s 25 units. In addition, although the official price of 600 million to 900 million won, there is no taxation tax, but there are no various tax cuts and the burden of property tax increases to 10,858 apartments, a 45-fold increase from 417 last year. 16.6% of apartments in Sejong City, with a total of 121,000 units, are subject to increased tax burden.
According to the public housing price announced by the government on the 15th, among 17 cities and provinces, the public housing price of Sejong City rose by 70.68% from last year, ranking first in the rate of increase.
According to the posted real estate price alert, most of the apartments in Dodam-dong, the closest location to the government office, were less than 600 million won, subject to property tax reduction until last year. However, as the official price soared this year, Dodam-dong Doram Village complexes 9 and 14 have not been subject to property tax reductions, and soared to the level of 900 million won, the standard for imposing comprehensive real estate tax on a per-household basis.
Doram Village 14 Complex 111.99㎡ increased 61.2% from 565 million won last year to 896 million won this year. Last year, it was subject to a property tax reduction, but this year, it managed to avoid the taxation. If the plan for actualization of the published prices currently being promoted by the Ministry of Land, Infrastructure and Transport is carried out as planned, the possibility that it will be subject to taxation next year is high. Dodam-dong Doram Village 9 Complex, 106.63㎡, also rose 64.5% from 516 million won last year to 849 million won this year.
The 96.92㎡ of Surubae Village Complex 1, Bangok-dong, near the Sejong National Research Complex, rose 52.4% from 475 million won last year to 742 million won this year. Accordingly, it is expected that the tax burden will increase as it will not be subject to property tax reduction. It has increased the possibility of entering the target of taxation next year.
In addition, there are more complexes on the verge of exceeding the official price of 600 million won, which is subject to property tax reduction. The 74.98㎡ of Gajae Village Complex 4, Jongchon-dong, Sejong City, rose 95.6% from 250 million won last year to 410 million won this year, and 84.98㎡ of Beomjigi 10 Complex in Arum-dong, near last year, from 233 million won last year to 448 million won this year. It rose by 92.3%. The public price has yet to reach 600 million won, so it is subject to property tax reduction, but if the upward trend continues, the possibility of not receiving tax benefits next year increases.
Unfortunately, Dodam-dong, Jongchon-dong, and Arum-dong, whose official prices rose by about 70-90%, are densely populated areas where apartments were supplied to public officials through special sales at the time of the relocation of Sejong City. Many of the public officials working in Sejong City own apartments in this area through the method of special supply. It gave benefits to the housing problems of its members so that employees of the relocated ministries could settle down early.
According to the Office of the People’s Power of People Ju-kyung Yoon, a total of 25,406 public officials who received special service from Sejong City for 10 years until last year, excluding those who traded (2854) or reselled (1762), were 2,790 (82%). I owned this specially appointed apartment.
In particular, this area is near buildings 4-6 of Sejong Government Complex, where the Ministry of Strategy and Finance and the Ministry of Land, Infrastructure and Transport are located. Doram Village Complex 9 and Complex 14 face the Sejong Government Complex through one road. It is a complex where many government officials of the Ministry of Land, Infrastructure and Transport make the standard for calculating the official price.
Accordingly, a voice mixed with self-help is heard from the government office, saying, “The public announcement that even the ministries in charge could not avoid is a realization bomb.” This is because the Ministry of Land, Infrastructure and Transport is in charge of the taxation system, and the Ministry of Land, Infrastructure and Transport is the main department responsible for the published prices of real estate such as apartment houses. However, there are voices saying, “It is natural that the tax burden will increase because the price of the house in Sejong City has risen a lot.”