Myeongjanggyeong-dong (명장경동), Myeongjang-dong Apartment Prices & Recorded Sales

Myeongjanggyeong-dong

Myeongjang-dong · 335 homes · 1992.05 · 35 years old
Details

Overview

Listing prices

Tax

Move to another home

Sale
Jeonse
Monthly rent
Jeonse / sale

102m²

Latest sale

₩285M

F12

Lowest listing

₩280M

All

—

More listings, lowest first

Development plans

Development score

Excellent

House

Above average

Residential land

Above average

Transit

Below average

Other

Below average

All

House

Residential land

Transit

Construction

A
Redevelopment

Myeongjang 2 Guyeok
51m
A
Redevelopment

Myeongseo 1 Guyeok
184m
A
Reconstruction

Myeongjang 3 Guyeok
294m
B
Reconstruction

Myeongjangsambo Mansion
340m
A
Redevelopment

Seogeumsa 5 Jaejeongbichokjinguyeok
456m

Tax Calculator

Calculated using the market price and officially assessed value of Myeongjanggyeong-dong 31 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₩285M

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

B
Myeongjang Elementary School
Top 55% of Busan
10 min / 0.5km
S
Anrak Middle School
Top 17% of Busan
1.9km
A
Yongin High School
Top 26% of Busan
SNU 4
1.0km

Local school outcomesLatest school year

SNU

4persons

Total from 1 reporting schools

All

Elementary

Middle school

High school

School	School district grade	Time / distance
Dongsin Middle School	B Top 70%	0.4km
Myeongjang Elementary School	B Top 55%	10 min / 0.5km
Haksan Girls’ High School	C Top 89%	0.5km
Geumjeong High School	B Top 50%	0.5km
Haksan Girls’ Middle School	C Top 93%	0.6km

Surroundings

Living score

Notable

59 pts

Transit

72 pts

Good

Living

51 pts

Notable

Education

81 pts

Excellent

All

Transit

Schools

Living

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Category	Date & Time	Source

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Myeongjanggyeong-dong (명장경동) at a glance

Myeongjanggyeong-dong (명장경동) is an apartment complex in Myeongjang-dong, Dongnae-gu, Busan with 335 homes. Completed 1992.05.

Myeongjanggyeong-dong (명장경동), 31 pyeong (approximately 102.5 m²; size category): latest recorded sale ₩285,000,000 (approximately US$213,627; ECB reference rate 2026-11-12) (contract 2026.11.05, floor 12); lowest asking price ₩280,000,000 (approximately US$209,879; ECB reference rate 2026-11-12) (listing snapshot 2026.11.13). Asking prices are not completed sales.

Richgo fair asking-price estimate for Myeongjanggyeong-dong 31 pyeong (84.51 m² exclusive), week of 2026-11-12: floors 1–4 ₩292M–₩310M; floors 5–8 ₩305M–₩315M; floors 9–13 ₩315M. Quick-sale level starts around ₩271M. 13 listings are currently open for this size. Asking prices are not completed sales.

Estimated 2026 holding tax for Myeongjanggyeong-dong 31 pyeong for a single-home owner living there: about ₩176.711K (property tax ₩176.711K, no comprehensive real estate tax). Richgo tax calculation based on the 2026 officially assessed value of ₩190.26M; holding-period and age deductions are not applied.

29 pyeong (approximately 95.9 m²; size category): sale estimate ₩259,850,000; jeonse deposit estimate ₩188,290,000. 30 pyeong (approximately 99.2 m²; size category): sale estimate ₩264,630,000; jeonse deposit estimate ₩190,630,000. 31 pyeong (approximately 102.5 m²; size category): sale estimate ₩304,890,000; jeonse deposit estimate ₩202,610,000.

Nearby schools: Myeongjang 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?: Myeongjanggyeong-dong (명장경동), 31 pyeong (approximately 102.5 m²; size category): latest recorded sale ₩285,000,000 (approximately US$213,627; ECB reference rate 2026-11-12) (contract 2026.11.05, floor 12); lowest asking price ₩280,000,000 (approximately US$209,879; 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?: 29 pyeong (approximately 95.9 m²; size category): sale estimate ₩259,850,000; jeonse deposit estimate ₩188,290,000. 30 pyeong (approximately 99.2 m²; size category): sale estimate ₩264,630,000; jeonse deposit estimate ₩190,630,000. 31 pyeong (approximately 102.5 m²; size category): sale estimate ₩304,890,000; jeonse deposit estimate ₩202,610,000.
Where is this apartment complex and how many homes are there?: Myeongjanggyeong-dong (명장경동) is an apartment complex in Myeongjang-dong, Dongnae-gu, Busan with 335 homes. Completed 1992.05.
Which schools are nearby?: Nearby schools: Myeongjang 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 Myeongjanggyeong-dong 31 pyeong (84.51 m² exclusive), week of 2026-11-12: floors 1–4 ₩292M–₩310M; floors 5–8 ₩305M–₩315M; floors 9–13 ₩315M. Quick-sale level starts around ₩271M. 13 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 Myeongjanggyeong-dong 31 pyeong for a single-home owner living there: about ₩176.711K (property tax ₩176.711K, no comprehensive real estate tax). Richgo tax calculation based on the 2026 officially assessed value of ₩190.26M; holding-period and age deductions are not applied.

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