Eunma Reconstruction Excess Profit Recovery 460M Won
Per member notification issued
In short
The Eunma Apartment Reconstruction Combination in Daechi-dong, Gangnam-gu, Seoul has been notified of an average contribution of 463.34 million won per member for Reconstruction Excess Profit Recovery (REPR).
This is a contribution for the Reconstruction Excess Profit Recovery system that taxes profits gained from reconstruction projects.
The number of reconstruction complexes in Seoul that have been notified or announced REPR contributions has increased to 53.
Key facts
| When | Gangnam-gu Office notified the Eunma Apartment Reconstruction Combination of the contribution estimate on November 6. |
|---|---|
| Who | The Eunma Apartment Reconstruction Combination (4,424 households) in Daechi-dong, Gangnam-gu, Seoul is the subject of notification. |
| What | An average contribution of 463.34 million won per member, totaling approximately 2.044 trillion won for the entire complex. |
| How | The Korea Real Estate Board calculated based on a completion date of October 15, 2035, and this is not a final confirmed amount. |
What it means for me
If you own or plan to purchase a reconstruction apartment, it is necessary to check the size of additional contributions in advance.
If considering purchasing a reconstruction complex, the REPR contribution could affect property prices and should be verified.
If you are a member of a reconstruction combination like Eunma Apartment, note that the notified amount may differ from the actual payment amount.
