| Category | Land Lease (Private Building / Public Land) | Buyback Condition |
|---|---|---|
| Free Trade | Was possible after resale restriction but banned since 2021 (now includes buyback) | Never allowed: resale only to the government |
| Ownership Custom | Conflicts with cultural expectations of land ownership | Consistent with dual ownership of land & building |
| Market Profit | No capital gains | No capital gains (even with proposed “profit sharing” policy, effectiveness is unclear) |
| Category | Total Sale Price | Individual Payment | Ownership | Residency | Registration | Rental Rights | Maintenance Fees |
|---|---|---|---|---|---|---|---|
| General Buyer (Resident) | ₩1B | ₩500M | ½ | Yes | Traditional registration |
70–90% of market rent | Full responsibility |
| Token Buyer (Investor) | ₩500M | ½ | No | Blockchain-based e-registration |
None | None |
| Category | Market Value | Sale Price | Ownership | Residency | Registration | Rental Rights | Maintenance Fees |
|---|---|---|---|---|---|---|---|
| For Residence | ₩1.3B | ₩650M | ½ | Yes | Traditional | 70–90% of market rent | Full responsibility |
| For Investment | ₩650M | ½ | No | Blockchain e-registry | None | None |
| Category | General Sale (Residence) | Token Sale (Investment) |
|---|---|---|
| Purpose | Actual living | Portfolio diversification, capital gains |
| Ownership Share | 50% | 50% |
| Usage Rights | Yes | None |
| Lease Rights | Rental at 70–90% of half-price value | None |
| Property Tax | O | X |
| Registration Tax | O | X |
| Maintenance Fees | Full responsibility | X |
| Mortgage | 60–90% of the discounted property value | Possible (future product) |
| Liquidity | Real estate sale | Token trading |
| Sale Method | Traditional real estate agent | Token exchange |
| Capital Gains Tax | Applicable | Applicable |
| Category | Details | Example |
|---|---|---|
| Trading Unit) | Each apartment unit as recorded on the registry | XX Apartment, Bldg 101, Unit 1001 |
| Token Unit Price | ₩1,000 or ₩5,000 per token | (depending on liquidity) |
| Trading Hours | 24/7 | |
| Collateral / Margin | 100% | |
| Trading Platform | Dedicated App | Token Exchange |