Land sales decline in 2016
Compared to 2015, fewer sales and less area changed hands

Compared to 2015, there were fewer land sales on the island last year.

According to the Jeju City municipal administration, buyers purchased 41,000 plots covering a total of some 43.5 million square meters. That’s 0.1 percent fewer plots than were sold the year before and 14 percent less in terms of land area.

It was the same story in Seogwipo. 34,000 plots covering 42.9 million square meters were sold last year - 0.6 percent fewer transactions and 16 percent less land compared to 2015.

지난해 제주 토지거래 면적·필지수 감소 (종합)

지난해 제주지역 토지거래 면적이 재작년보다 감소한 것으로 나타났습니다.

제주시에 따르면, 지난해 거래된 토지면적은 4만 1천여 필지에 4천 349만 제곱미터로 재작년보다 필지수는 0.1%, 면적은 13% 감소했습니다.

서귀포시도 지난해 3만 4천여 필지에 4천 293만 제곱미터가 거래돼 전년도보다 각각 0.6%, 16% 줄었습니다.