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Photo courtesy of Yonhap News |
[Alpha Biz= Paul Lee] The Korea Asset Management Corporation (KAMCO) announced on December 18 that it will auction 1,066 seized assets worth a total of KRW 390.4 billion from December 22 to 24.
The auction is part of an administrative process in which assets seized by public institutions—such as tax offices and local governments—for delinquent national and local taxes are sold through KAMCO. All auctions will be conducted via KAMCO’s online bidding platform, OnBid.
The upcoming auction includes 983 real estate properties and 83 movable assets. Land parcels, including forest land, account for the largest portion with 605 listings, while 158 residential properties—such as apartments and houses—will also be offered. Notably, apartments located in Apgujeong-dong, Gangnam District, and Bangbae-dong, Seocho District, are among the properties up for auction.
Other assets on the auction list include condominium memberships and equity stakes.
Auction results will be announced on December 26.
알파경제 Paul Lee 특파원(hoondork1977@alphabiz.co.kr)
