Myeongnyun I-Park 1 (명륜아이파크1단지), Myeongnyun-dong Apartment Prices & Recorded Sales

명륜아이파크1단지
Myeongnyun I-Park 1
Myeongnyun I-Park 1

Myeongnyun I-Park 1

Myeongnyun-dong · 1,139 homes · 2013.12 · 14 years old 
Details

Overview
Listing prices
Tax
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  • Sale
  • Jeonse
  • Monthly rent
  • Jeonse / sale
115m²
Latest sale
₩799M
F15
Lowest listing
₩730M
Low
Volume
Current listings
Asking price
Listings
3Y
5Y
All
—
More listings, lowest first
Development plans
Development score
Few
C
House
3
Above average
Residential land
0
Below average
Transit
0
Below average
Other
1
Above average
All
House
Residential land
Transit
Construction
  • A
    Redevelopment
    Boksan 1 Guyeok
    278m
  • B
    Construction
    Dongnae-gu Myeongnyun-dong 559-5 Beonji Ilwon Officetel Sinchukgongsa
    391m
  • B
    Reconstruction
    Haebaragi 1,2, Saedongnaema
    834m
  • B
    Reconstruction
    Oncheon Samik
    844m
Tax Calculator
Calculated using the market price and officially assessed value of Myeongnyun I-Park 1 35 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₩799M
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
  • No Elementary within 2 km
  • S
    Yeomyeong Middle School
    Top 6% of Busan
    1.9km
  • A
    Yongin High School
    Top 26% of Busan
    SNU 4
    1.2km
Local school outcomesLatest school year
SNU
4persons
Total from 1 reporting schools
All
Elementary
Middle school
High school
School
School district grade
Time / distance
Dongnae Middle School
S
Top 18%
0.3km
Busan Jungang Girls’ High School
C
Top 85%
0.4km
Busan Naeseong Middle School
S
Top 25%
0.8km
Yurak Girls’ Middle School
A
Top 28%
0.9km
Donghae Middle School
A
Top 26%
1.0km
More
Surroundings
Living score
Good
78 pts
Transit
76 pts
Good
Living
76 pts
Good
Education
74 pts
Good
All
Transit
Schools
Living
More
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Market trends
HITMyeongnyun-dong Recent sales / record highs
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Myeongnyun-dong Rising prices
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Myeongnyun-dong Fewer listings
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Myeongnyun-dong Active transactions
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Myeongnyun-dong Jeonse gap investment
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Busan Large communities
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Myeongnyun I-Park 1 (명륜아이파크1단지) at a glance

Myeongnyun I-Park 1 (명륜아이파크1단지) is an apartment complex in Myeongnyun-dong, Dongnae-gu, Busan with 1,139 homes. Completed 2013.12.

Myeongnyun I-Park 1 (명륜아이파크1단지), 35 pyeong (approximately 115.7 m²; size category): latest recorded sale ₩799,000,000 (approximately US$598,904; ECB reference rate 2026-11-12) (contract 2026.10.04, floor 15); lowest asking price ₩730,000,000 (approximately US$547,184; ECB reference rate 2026-11-12) (listing snapshot 2026.11.13). Asking prices are not completed sales.

Richgo fair asking-price estimate for Myeongnyun I-Park 1 35 pyeong (84.92 m² exclusive), week of 2026-11-12: floors 1–7 ₩765M–₩865M; floors 8–14 ₩795M–₩880M; floors 15–21 ₩810M–₩895M. Quick-sale level starts around ₩740M. 49 listings are currently open for this size. Asking prices are not completed sales.

Estimated 2026 holding tax for Myeongnyun I-Park 1 35 pyeong for a single-home owner living there: about ₩550.804K (property tax ₩550.804K, no comprehensive real estate tax). Richgo tax calculation based on the 2026 officially assessed value of ₩471.3M; holding-period and age deductions are not applied.

27 pyeong (approximately 89.3 m²; size category): sale estimate ₩691,460,000; jeonse deposit estimate ₩367,970,000. 35 pyeong (approximately 115.7 m²; size category): sale estimate ₩826,860,000; jeonse deposit estimate ₩455,110,000. 43 pyeong (approximately 142.1 m²; size category): sale estimate ₩996,090,000; jeonse deposit estimate ₩582,760,000. 48 pyeong (approximately 158.7 m²; size category): sale estimate ₩1,068,880,000; jeonse deposit estimate ₩642,140,000. 53 pyeong (approximately 175.2 m²; size category): sale estimate ₩1,235,920,000; jeonse deposit estimate ₩699,520,000. 58 pyeong (approximately 191.7 m²; size category): sale estimate ₩1,374,520,000; jeonse deposit estimate ₩737,920,000.

Nearby schools: Busan Naeseong Middle School, Geumjeong Girls’ 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?
Myeongnyun I-Park 1 (명륜아이파크1단지), 35 pyeong (approximately 115.7 m²; size category): latest recorded sale ₩799,000,000 (approximately US$598,904; ECB reference rate 2026-11-12) (contract 2026.10.04, floor 15); lowest asking price ₩730,000,000 (approximately US$547,184; 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?
27 pyeong (approximately 89.3 m²; size category): sale estimate ₩691,460,000; jeonse deposit estimate ₩367,970,000. 35 pyeong (approximately 115.7 m²; size category): sale estimate ₩826,860,000; jeonse deposit estimate ₩455,110,000. 43 pyeong (approximately 142.1 m²; size category): sale estimate ₩996,090,000; jeonse deposit estimate ₩582,760,000. 48 pyeong (approximately 158.7 m²; size category): sale estimate ₩1,068,880,000; jeonse deposit estimate ₩642,140,000. 53 pyeong (approximately 175.2 m²; size category): sale estimate ₩1,235,920,000; jeonse deposit estimate ₩699,520,000. 58 pyeong (approximately 191.7 m²; size category): sale estimate ₩1,374,520,000; jeonse deposit estimate ₩737,920,000.
Where is this apartment complex and how many homes are there?
Myeongnyun I-Park 1 (명륜아이파크1단지) is an apartment complex in Myeongnyun-dong, Dongnae-gu, Busan with 1,139 homes. Completed 2013.12.
Which schools are nearby?
Nearby schools: Busan Naeseong Middle School, Geumjeong Girls’ High School. Confirm current admission boundaries with the school.
What is a fair asking price here?
Richgo fair asking-price estimate for Myeongnyun I-Park 1 35 pyeong (84.92 m² exclusive), week of 2026-11-12: floors 1–7 ₩765M–₩865M; floors 8–14 ₩795M–₩880M; floors 15–21 ₩810M–₩895M. Quick-sale level starts around ₩740M. 49 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 Myeongnyun I-Park 1 35 pyeong for a single-home owner living there: about ₩550.804K (property tax ₩550.804K, no comprehensive real estate tax). Richgo tax calculation based on the 2026 officially assessed value of ₩471.3M; holding-period and age deductions are not applied.

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