Sejong apartment housing publicly announced site increased by 70%
“Furthermore, the Democratic Party was excited to move the capital to Sejong, and the house price rose, but are you now throwing a tax bomb?”
On the afternoon of the 15th, when the official price of apartment houses in Sejong area surged by 70% from last year, apartments are packed in downtown as viewed from Dajeong-dong, Sejong City. According to the public housing price announced by the government that day, 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. yunhap news
On the 15th, when the government announced that the public housing price for apartment houses in Sejong was raised by 70% from last year, the pros and cons are mixed among residents. Sejong Citizen A said, “Who raised the price of the house, is it absurdly raising the publicly announced land price?” .
The voice of the government was also high in Internet cafes where Sejong citizens gathered. There were dozens of protesting comments posted on the post that shared the news of the soaring public price. One resident said, “The landlord has to sell the house, pay taxes, and live on a private lease again,” and said, “I’m not asking you to raise the price of the house, but should I be expelled from the house where I live?” Another resident said, “It is largely due to the increasing demand for speculation as the ruling party intentionally raised the issue of relocation to the National Assembly.
“Is the financial crisis solved with a tax bomb?”
An office worker residing in Sejong City said, “It seems that the government is trying to raise real estate-related taxes significantly as a way to overcome the financial crisis due to the new coronavirus infection (Corona 19) situation.”
According to the announced price plan for apartment houses for 2021, announced by the government on the 15th, the public price for apartment houses in Sejong City increased by 70.68% compared to the previous year, showing the largest increase in the country. On the same day, an apartment sale price is hung on a glass window in an office of a real estate agent in Sejong City. News 1
According to the public housing price announced by the government that day, the public housing price in Sejong City has risen by 70.68% from last year. It is 2.6 times the official price of apartment houses in Seoul (27.1%), which is the 2nd place with the overwhelming increase rate among 17 cities and provinces nationwide. Accordingly, not only the ownership tax of owners such as property tax and comprehensive real estate tax, but also various public contributions such as health insurance premiums are expected to rise.
According to the government’s published prices, the national average rate of increase this year was 19.08%. It is the highest in 14 years since 2006 (22.7%). The rate of increase last year was 5.98%. This year, the rate of increase by city and province is ▶ Sejong (70.68%) ▶ Gyeonggi (23.96%) ▶ Daejeon (20.57%) ▶ Seoul (19.91%) ▶ Busan (19.67%).
The Ministry of Land, Infrastructure and Transport explained, “This year’s published price was applied with the’Public Price Realization Roadmap (Schedule)’ announced in November of last year.” did. The Ministry of Land, Infrastructure and Transport added, “The property tax standard is 60% of the published price, and the published price is about 70% of the market price.”
The publicly announced land price is significantly higher than the house price.
However, the rate of increase in public prices this year in most regions of the country, including Sejong, is much higher than that of last year. According to the Korea Real Estate Agency, the increase rate of apartment sales by city and province in 2020 was highest in the order of ▶ Sejong (44.93%) ▶ Daejeon (18.14%) ▶ Gyeonggi (12.62%).
The rate of increase in the publicly announced apartment prices of apartment houses by province and province in 2021 Materials Ministry of Land, Infrastructure and Transport
The apartment prices in the Sejong area rose sharply as discussions began in earnest after Kim Tae-nyeon, the Democratic Party leader’s remarks on the relocation of the National Assembly to the Sejong House. The real estate industry in the city is expected to have little impact on the real estate market, such as an increase in the number of items to be sold in spite of the rapid increase in the public housing price.
A representative of a real estate agency in Sejong said, “Since the burden of the transfer tax traded by multi-homed people is larger than the comprehensive real estate tax burden that reflects the current publicly announced price, multi-homed people will not be able to offer things just because the ownership tax has increased. He argued that “Sejong will not easily sell out because the good news such as the relocation of the National Assembly’s King Sejong House still remains,” he said. “In order to revitalize the transaction, the transfer tax rate must be lowered.”
A real estate broker in the city also predicted that “there is no burden on housing ownership and regulations are insignificant, so there will be a lot of speculators who turn their eyes away.”
Sejong = Reporter Kim Bang-hyun [email protected]
