Minister Kim Yun-duk of the Ministry of Land, Infrastructure and Transport has disposed of equity in a commercial unit that he had held. As pressure mounts on public officials who own multiple dwellings, high-priced non-residence houses, or excessive real estate, the head of the ministry in charge of real estate and dwellings appears to have moved to sell the commercial property. The real estate currently held by Minister Kim consists of land in Jeongeup, North Jeolla Province, under his name, and one apartment in Jeonju, North Jeolla Province, under his spouse's name.
According to the "2026 regular asset changes of senior public officials" disclosed in the official gazette by the Government Public Ethics Committee on the 26th, the Minister sold a commercial unit under his name in Buan-eup, Buan County (equity area 40.5㎡ out of total building area 81㎡). The previous assessed value of this commercial unit was 52.97 million won, and the actual sale price was 75 million won.
The value of the land (1,880㎡) in Buk-myeon, Jeongeup, held by the Minister, increased by about 1.5 million won from the previous 27.45 million won to 28.95 million won. The apartment (exclusive 130㎡) in Wansan District, Jeonju, under the Minister's spouse's name maintained the same value as in the previous asset report. The Minister's total real estate assets amount to 428.95 million won.
In addition, the Minister reported a vehicle worth 47.9 million won, deposits of 469.37 million won, deposits of 289.4 million won for the receipt and expenditure of political funds under the Political Funds Act, securities worth 270,000 won, bonds of 670 million won, and debt of 190 million won, bringing total reported assets to 1.71591 billion won. This is an increase of 256.33 million won from the previous report.
Lee Sang-joo, a standing member of the Central Land Expropriation Committee who previously served as director general for national territory and urban policy at the Ministry of Land, Infrastructure and Transport (MOLIT), reported 2.20494 billion won. That was up 244.3 million won from the previous report. The standing member's spouse's apartment in Yeouido, Yeongdeungpo District, Seoul, saw its assessed value rise to 1.888 billion won from the previous 1.672 billion won, an increase of about 216 million won.
Kim Gyu-cheol, deputy minister for dwellings and land at the Ministry of Land, Infrastructure and Transport (MOLIT), reported assets of 5.42132 billion won. Deputy Minister Kim's assets increased by about 200 million won from the previous report due to factors including a rise in the officially assessed price of an apartment in Yeoksam-dong, Gangnam District, Seoul, held jointly with his spouse.
Park Ji-hong, a standing member of the Metropolitan Transport Commission, reported 2.63292 billion won in assets this year, including an apartment in Sejong.