Calculated using the market price and officially assessed value of Sinchonmyeongji 32 py.
Holding TaxProperty tax · Comprehensive real estate tax paid annually
Officially assessed value
Annual (single-home owner basis)
Acquisition taxTax payable if you buy now
1-home owner standard
Capital gains taxTax payable if you sell now
Transfer price₩165M
Enter only the purchase price and we'll calculate the capital gain and long-term holding special deduction for you.
The preview assumes a 1-home owner in an urban area. Actual tax amounts vary depending on the number of homes owned, period of residence and ownership, joint ownership, etc.
Sinchonmyeongji (신촌명지) is an apartment complex in Sinchon-dong, Gwangsan-gu, Jeonnam Gwangju with 174 homes. Completed 2002.02.
Sinchonmyeongji (신촌명지), 32 pyeong (approximately 105.8 m²; size category): latest recorded sale ₩165,000,000 (approximately US$123,679; ECB reference rate 2026-11-12) (contract 2026.08.25, floor 13). Asking prices are not completed sales.
Richgo fair asking-price estimate for Sinchonmyeongji 32 pyeong (81.09 m² exclusive), week of 2026-11-12: floors 1–4 ₩199M–₩212M; floors 5–8 ₩211M–₩220M; floors 9–13 ₩220M. Quick-sale level starts around ₩187M. Asking prices are not completed sales.
Estimated 2026 holding tax for Sinchonmyeongji 32 pyeong for a single-home owner living there: about ₩97.3K (property tax ₩97.3K, no comprehensive real estate tax). Richgo tax calculation based on the 2026 officially assessed value of ₩113.14M; holding-period and age deductions are not applied.
Nearby schools: Songjeongdong Elementary School, Songjeong Middle School, Jeonggwang High School. Confirm current admission boundaries with the school.
USD amounts are indicative conversions using ECB reference rates, not transaction or bank exchange quotes.
Pyeong categories are converted approximately to square meters; check the floor plan for the exact exclusive area.
Frequently asked questions
What are the latest sale and asking prices?
Sinchonmyeongji (신촌명지), 32 pyeong (approximately 105.8 m²; size category): latest recorded sale ₩165,000,000 (approximately US$123,679; ECB reference rate 2026-11-12) (contract 2026.08.25, floor 13). Asking prices are not completed sales.
Where is this apartment complex and how many homes are there?
Sinchonmyeongji (신촌명지) is an apartment complex in Sinchon-dong, Gwangsan-gu, Jeonnam Gwangju with 174 homes. Completed 2002.02.
Which schools are nearby?
Nearby schools: Songjeongdong Elementary School, Songjeong Middle School, Jeonggwang High School. Confirm current admission boundaries with the school.
What is a fair asking price here?
Richgo fair asking-price estimate for Sinchonmyeongji 32 pyeong (81.09 m² exclusive), week of 2026-11-12: floors 1–4 ₩199M–₩212M; floors 5–8 ₩211M–₩220M; floors 9–13 ₩220M. Quick-sale level starts around ₩187M. Asking prices are not completed sales.
How much is the annual holding tax?
Estimated 2026 holding tax for Sinchonmyeongji 32 pyeong for a single-home owner living there: about ₩97.3K (property tax ₩97.3K, no comprehensive real estate tax). Richgo tax calculation based on the 2026 officially assessed value of ₩113.14M; holding-period and age deductions are not applied.