A substantially larger group of people will be subject to the comprehensive real estate tax this year due to a hike in home prices and the tax rate. 

According to the Ministry of Economy and Finance on Monday, it is sending tax bills to 947-thousand homeowners, up by 280-thousand from last year. That accounts for nearly two percent of the national population. 

The ministry is tapping them to pay a total of five-point-seven trillion won, up three-point-nine trillion won from the previous year. 

It said about 89 percent of the sum will be paid by multi-homeowners and corporations, not single-homeowners.