Fig. 1. Inquiry Page of MOI’s Real Estate Transaction Database Website
The Ministry of Interior (MOI) announced that starting December, the real estate actual price registration information will be released three times monthly (released on the 1st, 11th and 21st of each month) instead of twice monthly (originally released on the 1st and 16th of each month). The disclosure schedule is shortened so that citizens can download current data free of charge, and search for the real estate trade prices at all times in order to understand the current status.
The actual price registration system has been implemented since August 2012. Starting from October 2012, as many as 1.89 million cases could be searched for on MOI’s Real Estate Transaction Database Website, which has accumulated more than 91.28 million pageviews. Moreover, from July 1, 2013, the latest data on actual price registration was available for free download, while the historical data was available for download from July 1, 2016. At present, 490,000 people have downloaded the transaction data.
Hastening the disclosure schedule of the real estate actual price registration information is an important policy direction. MOI will continue to work hard in shortening its disclosure schedule and encourages the society to use the available actual price registration information for further application and research, so that the public can access to abundant and useful real estate information.
Source: Hinet News 2017/12/02