BUSINESS AREA

Public Appraisal

This means the appraisals performed primarily for the public domains, such as the appraisals for the management of the state owned assets or the appraisals for the standard publicly announced appraised land value, among others. We perform the expert’s role needed for the national economic development and the protection of the citizens’ property rights by performing the appraisals needed within the public domains.

Standard publicly announced appraised land value

We perform the investigations and the appraisals for the standard publicly announced appraised land value requested by the Minister of Land, Infrastructure, and Transport, and any objections, as well as the examination of the individual land values as per the request of the self governing bodies.

Appraisal of state owned assets

We perform the appraisals for the acquisitions and dispositions (purchases and sales) for the management of the state owned assets, exchanges, and fees (royalties).

Auction / lawsuit

We perform the appraisals related to the auctions and lawsuits as requested by the courts of law.

Development contribution charge

We perform the appraisals for the calculation and imposition of the development profits in accordance with the Act Concerning the Restitution of the Development Profits.

Appraisal of community land

We perform the appraisals for the sales price of the residential or commercial land for supply under the management of the projects carried out by public institutions such as the Korea Land and Housing Corporation (LH) and the Seoul Housing and Communities Corporation (SH).

Disposition of overdue taxes

We perform the appraisals for the overdue tax settlements for the national taxes and local taxes as per the request of the Korea Asset Management Corporation.

Taxes

We perform the appraisals for the calculation and imposition of the national taxes and local taxes such as inheritance tax, gift tax, and value added tax, further to the appraisals for the objections related, among others.

Major Performance Achievements and Partnering Businesses

Name of CustomerName of Service
Ministry of Land, Infrastructure, and TransportInvestigation and appraisal of the standard publicly announced appraised land value
MunicipalitiesAppraisal following the calculation of the development contribution charge
Korea Land and Housing Corporation(LH)Reappraisal of the Ministry of Defense's concession assets
Korea Land and Housing CorporationAppraisal for the determination of the supply price of the community housing land within the Zone Yangwon of Seoul
Korea Land and Housing CorporationAppraisal of the self sufficient facilities land for Hanam Misa
Seoul Housing and Communities CorporationAppraisal for the transfer of the housing under the long term Cheonse (Korea's unique lease scheme)
Seoul Housing and Communities CorporationAppraisal of the land for the sale within the project site
Korea Asset Management Corporationppraisal for the resolution of the disposition of the state owned assets and overdue taxes
Gyeonggi Urban Innovation CorporationCalculation of the supply price for the land of the community housing for Hwaseong Dongchan 2
Incheon Urban Development CorporationAppraisal of the complex cultural facilities on Youngjong Broadway
MJE PartnersAppraisal of the land located in Shingal-dong, Giheung-gu, Yongin
Youngdeungpo District OfficeAppraisal of the land for the development projects of the reform facilited zones of Shingil 11
National Tax Service Seoul Regional OfficeAppraisal of the real estate properties relatd to the inheritance tax