Korea's Wide-Area Transport Levy: Why 200% FAR Is the Baseline
The levy multiplies a standard development cost of 299,350 won per square metre by a 7.5% rate. Converted to floor area, it is a flat 11,226 won per square metre.
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The levy multiplies a standard development cost of 299,350 won per square metre by a 7.5% rate. Converted to floor area, it is a flat 11,226 won per square metre.