On the 27th, the Seoul Metropolitan Government announced that, as a result of a precise investigation of land records from the past to the present, it has identified a total of 10 billion won in city-owned properties, including 687 sites (approximately 840,000 square meters) targeted for discontinuation of use and 259 sites (approximately 15,000 square meters) of illegal cultivation and vinyl house occupation.
Based on the results of this investigation, the Seoul Metropolitan Government will begin reorganizing the property system regarding city-owned land records, addressing issues such as omissions and discrepancies. The Land Management Division has established a "precise investigation (survey) ledger" to facilitate practical work related to the discontinuation of use, attribution judgments, and property registration.
This survey was conducted to comprehensively analyze land records from the past to the present and to prevent cases where city-owned properties are omitted or neglected due to registration or land use discrepancies during various development projects. It included verification of actual conditions using recorded documents and video materials, as well as field investigations, to create a "precise investigation (survey) ledger" based on the current usage status.
Through the Local Government Property Review Committee, properties that are administrative property but have no administrative purpose will be discontinued to prevent disputes during future discussions of development projects, whether compensated or uncompensated. Additionally, measures such as imposing penalties for unauthorized occupation and issuing restoration orders will be taken to manage city-owned properties and secure revenue sources.
Meanwhile, to secure hidden city funds, the results of the "Finding Unregistered Land Project" initiated last year revealed 12 sites of land valued at approximately 1 billion won that were omitted during past land consolidation projects, totaling 855 square meters. These lands, intended for investment to cover project costs that were not designated for reconsolidation by the Seoul Metropolitan Government (project implementer), all existed within the area of land consolidation projects carried out between 1937 and 1991 but were unregistered due to omissions during the final designation.
Following this achievement, the city aims to additionally investigate and survey about 230 omitted lands this year and confirm their status as city-owned land. Through this, the Seoul Metropolitan Government expects to clarify the nature of public property while contributing to securing tax revenue and enhancing asset management transparency. The registered city-owned properties will be utilized for roads, parks, and parking lots according to urban planning, and if necessary, revenue can be secured through transfer to facility management departments or by selling or leasing them.
Jo Nam-jun, head of the Urban Space Headquarters of the Seoul Metropolitan Government, said, "This investigation and reorganization was an important process to address lands that had long been in the administrative blind spot and to rectify public asset systems," adding, "We will continue to conduct record-based precise investigations through inter-departmental collaboration to systematically manage local government property and enhance administrative reliability."