Disclosure price up to 90% of market price … Less than 900 million won ‘slowly’



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◀ Anchor ▶

The published price of the property is based on taxes and health insurance premiums.

Many pointed out that it can only reflect 50 to 70% of the market price, but the government decided to increase the publicly advertised price to 90% of the house price in 15 years.

However, for mid- to low-priced homes, we plan to increase the official price slowly and ease the tax burden.

Reporter Lee Joon-hee covered it.

◀ Report ▶

An apartment in Ahyeon-dong, Seoul, that sold 115 square meters and 45 pyeong for 2.5 billion won last month.

The official price is 1.25 billion won, which is only 60%.

Currently, the listing price is only 69% of the market price for apartments and 53% for single-family homes, which is much lower.

As previously stated, the public price is far from the market price, and the gap is wide by type of housing, which is why it has been pointed out that it does not reflect reality and goes against fiscal equity.

To establish the listing price, the government decided to raise the listing price of all types of real estate to 90% of the market price in 15 years.

[이형찬/국토연구원 연구위원]
“For foreign countries, the published price is generally close to 100% based on the actual price of the transaction.”

As a result, the tax will also increase. In the case of the Ahyeon-dong apartments seen above, the combined property tax and property tax will increase almost three times from 4.47 million won to 13 million won.

The government decided to adjust the rate of increase in public prices by housing type and price to take into account the impact of the market and ease the tax burden on ordinary people.

For apartments, the public price of houses over 1.5 billion won will rise to 90% in 2025, but houses under 900 million won will increase in 2030, and single-family homes over 1.500 million won will increase in 2027 and those under 900 million won in 2035..

We are also considering reducing the property tax rate.

The ruling government party has devised a plan to lower the property tax rate for mid- to low-priced single-family homeowners, and announces it the day after tomorrow as house prices soar this year and the burden property tax is high.

[한정애/더불어민주당 정책위의장]
“There may be property tax changes, of course. The property tax burden on a home and owner who is middle class should be alleviated …”

As for the property tax reduction, the public price of 900 million won is a strong target. In this case, the target is expected to be apartments with a current market price of 1.3 billion won or less or single-family houses with a single-family home of 1.7 billion won or less.

This is Junhee Lee from MBC News.

(Video coverage: Yangdongam, Lee Seongjae / Video editing: Ham Sangho)

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