Prime Minister Han Deok-soo said, "The realization rate of the declared price next year is frozen to the level of 2020."

Prime Minister Han Duck-soo said he plans to freeze the real estate 'public price realization rate' for the second consecutive year next year.

Prime Minister Han said at a Cabinet meeting held at the Seoul Government Complex today (19th) that the Yoon Suk Yeol government has frozen the official price realization rate to the level of 2020 in order to normalize the official price since its launch.

As a result, the market price reflection rate of the declared value is expected to be fixed at 69% based on apartment houses in 2020 before the introduction of the declared value realization roadmap established by the Moon Jae In government.

Prime Minister Han said, "We have implemented a plan to realize the declared value that artificially increases the declared value every year, causing side effects everywhere," adding, "We are also pushing for a revision of the Real Estate Price Disclosure Act to abolish the plan."