Mujigae Town (무지개타운), Myeongjang-dong Apartment Prices & Recorded Sales

Mujigae Town

Myeongjang-dong · 89 homes · 1984.06 · 43 years old
Details

Overview

Listing prices

Tax

Move to another home

Sale
Jeonse
Monthly rent
Jeonse / sale

69m²

Latest sale

—

Lowest listing

₩100M

All

—

More listings, lowest first

Development plans

Development score

Excellent

House

Above average

Residential land

Below average

Transit

Below average

Other

Above average

All

House

Residential land

Transit

Construction

A
Redevelopment

Myeongjang 5 Guyeok
136m
A
Reconstruction

Chungnyeol
342m
A
Redevelopment

Anrak 1 Guyeok
377m
A
Reconstruction

Chungnyeol
445m
A
Reconstruction

Myeongjang 3 Guyeok
511m

Tax Calculator

Calculated using the market price and officially assessed value of Mujigae Town 21 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₩160M

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.

Top-rated schools

C
Myeongdong Elementary School
Top 94% of Busan
11 min / 0.6km
S
Anrak Middle School
Top 17% of Busan
1.3km
A
Yongin High School
Top 26% of Busan
SNU 4
1.6km

Local school outcomesLatest school year

SNU

4persons

Total from 1 reporting schools

All

Elementary

Middle school

High school

School	School district grade	Time / distance
Chungnyeol Middle School	C Top 93%	0.3km
Chungnyeol High School	A Top 49%	0.4km
Hyehwa Girls’ Middle School	C Top 93%	0.5km
Hyehwa Girls’ High School	A Top 43%	0.5km
Myeongdong Elementary School	C Top 94%	11 min / 0.6km

Surroundings

Living score

Average

66 pts

Transit

68 pts

Average

Living

61 pts

Average

Education

84 pts

Excellent

All

Transit

Schools

Living

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Category	Date & Time	Source

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Mujigae Town (무지개타운) at a glance

Mujigae Town (무지개타운) is an apartment complex in Myeongjang-dong, Dongnae-gu, Busan with 89 homes. Completed 1984.06.

Mujigae Town (무지개타운), 21 pyeong (approximately 69.4 m²; size category): lowest asking price ₩100,000,000 (approximately US$74,957; ECB reference rate 2026-11-12) (listing snapshot 2026.11.13). Asking prices are not completed sales.

Richgo fair asking-price estimate for Mujigae Town 21 pyeong (63 m² exclusive), week of 2026-11-12: floors 1–1 ₩134M; floors 2–3 ₩137M–₩142M; floors 4–5 ₩137M–₩142M. Quick-sale level starts around ₩133M. 7 listings are currently open for this size. Asking prices are not completed sales.

Estimated 2026 holding tax for Mujigae Town 21 pyeong for a single-home owner living there: about ₩75.036K (property tax ₩75.036K, no comprehensive real estate tax). Richgo tax calculation based on the 2026 officially assessed value of ₩87.25M; holding-period and age deductions are not applied.

17 pyeong (approximately 56.2 m²; size category): sale estimate ₩133,890,000; jeonse deposit estimate ₩77,360,000. 21 pyeong (approximately 69.4 m²; size category): sale estimate ₩166,560,000; jeonse deposit estimate ₩103,760,000. 22 pyeong (approximately 72.7 m²; size category): sale estimate ₩172,620,000; jeonse deposit estimate ₩110,880,000. 23 pyeong (approximately 76.0 m²; size category): sale estimate ₩178,780,000; jeonse deposit estimate ₩103,110,000. 24 pyeong (approximately 79.3 m²; size category): sale estimate ₩188,230,000; jeonse deposit estimate ₩110,270,000.

Nearby schools: Myeongdong Elementary School, Dongsin Middle School, Geumjeong 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?: Mujigae Town (무지개타운), 21 pyeong (approximately 69.4 m²; size category): lowest asking price ₩100,000,000 (approximately US$74,957; ECB reference rate 2026-11-12) (listing snapshot 2026.11.13). Asking prices are not completed sales.
What are the sale and jeonse estimates by size?: 17 pyeong (approximately 56.2 m²; size category): sale estimate ₩133,890,000; jeonse deposit estimate ₩77,360,000. 21 pyeong (approximately 69.4 m²; size category): sale estimate ₩166,560,000; jeonse deposit estimate ₩103,760,000. 22 pyeong (approximately 72.7 m²; size category): sale estimate ₩172,620,000; jeonse deposit estimate ₩110,880,000. 23 pyeong (approximately 76.0 m²; size category): sale estimate ₩178,780,000; jeonse deposit estimate ₩103,110,000. 24 pyeong (approximately 79.3 m²; size category): sale estimate ₩188,230,000; jeonse deposit estimate ₩110,270,000.
Where is this apartment complex and how many homes are there?: Mujigae Town (무지개타운) is an apartment complex in Myeongjang-dong, Dongnae-gu, Busan with 89 homes. Completed 1984.06.
Which schools are nearby?: Nearby schools: Myeongdong Elementary School, Dongsin Middle School, Geumjeong High School. Confirm current admission boundaries with the school.
What is a fair asking price here?: Richgo fair asking-price estimate for Mujigae Town 21 pyeong (63 m² exclusive), week of 2026-11-12: floors 1–1 ₩134M; floors 2–3 ₩137M–₩142M; floors 4–5 ₩137M–₩142M. Quick-sale level starts around ₩133M. 7 listings are currently open for this size. Asking prices are not completed sales.
How much is the annual holding tax?: Estimated 2026 holding tax for Mujigae Town 21 pyeong for a single-home owner living there: about ₩75.036K (property tax ₩75.036K, no comprehensive real estate tax). Richgo tax calculation based on the 2026 officially assessed value of ₩87.25M; holding-period and age deductions are not applied.

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