Munhwa (문화), Hwabuki-dong Apartment Prices & Recorded Sales

Munhwa (문화) at a glance

Munhwa (문화) is an apartment complex in Hwabuki-dong, Jeju-si, Jeju with 91 homes. Completed 2001.01.

Munhwa (문화), 29 pyeong (approximately 95.9 m²; size category): latest recorded sale ₩240,000,000 (approximately US$179,896; ECB reference rate 2026-11-12) (contract 2026.03.05, floor 6, direct transaction). Asking prices are not completed sales.

Richgo fair asking-price estimate for Munhwa 29 pyeong (81.6 m² exclusive), week of 2026-11-12: floors 1–2 ₩182M–₩191M; floors 3–4 ₩196M–₩198M; floors 5–7 ₩198M. Quick-sale level starts around ₩173M. Asking prices are not completed sales.

Estimated 2026 holding tax for Munhwa 29 pyeong for a single-home owner living there: about ₩99.511K (property tax ₩99.511K, no comprehensive real estate tax). Richgo tax calculation based on the 2026 officially assessed value of ₩115.71M; holding-period and age deductions are not applied.

21 pyeong (approximately 69.4 m²; size category): sale estimate ₩155,770,000; jeonse deposit estimate ₩115,520,000. 24 pyeong (approximately 79.3 m²; size category): sale estimate ₩188,210,000; jeonse deposit estimate ₩132,810,000. 29 pyeong (approximately 95.9 m²; size category): sale estimate ₩214,260,000; jeonse deposit estimate ₩167,340,000. 30 pyeong (approximately 99.2 m²; size category): sale estimate ₩198,660,000; jeonse deposit estimate ₩158,430,000.

Nearby schools: Hwabuk Elementary School, Jejudong Girls’ Middle School, Ohyeon 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?

Munhwa (문화), 29 pyeong (approximately 95.9 m²; size category): latest recorded sale ₩240,000,000 (approximately US$179,896; ECB reference rate 2026-11-12) (contract 2026.03.05, floor 6, direct transaction). Asking prices are not completed sales.

What are the sale and jeonse estimates by size?

21 pyeong (approximately 69.4 m²; size category): sale estimate ₩155,770,000; jeonse deposit estimate ₩115,520,000. 24 pyeong (approximately 79.3 m²; size category): sale estimate ₩188,210,000; jeonse deposit estimate ₩132,810,000. 29 pyeong (approximately 95.9 m²; size category): sale estimate ₩214,260,000; jeonse deposit estimate ₩167,340,000. 30 pyeong (approximately 99.2 m²; size category): sale estimate ₩198,660,000; jeonse deposit estimate ₩158,430,000.

Where is this apartment complex and how many homes are there?

Munhwa (문화) is an apartment complex in Hwabuki-dong, Jeju-si, Jeju with 91 homes. Completed 2001.01.

Which schools are nearby?

Nearby schools: Hwabuk Elementary School, Jejudong Girls’ Middle School, Ohyeon High School. Confirm current admission boundaries with the school.

What is a fair asking price here?

Richgo fair asking-price estimate for Munhwa 29 pyeong (81.6 m² exclusive), week of 2026-11-12: floors 1–2 ₩182M–₩191M; floors 3–4 ₩196M–₩198M; floors 5–7 ₩198M. Quick-sale level starts around ₩173M. Asking prices are not completed sales.

How much is the annual holding tax?

Estimated 2026 holding tax for Munhwa 29 pyeong for a single-home owner living there: about ₩99.511K (property tax ₩99.511K, no comprehensive real estate tax). Richgo tax calculation based on the 2026 officially assessed value of ₩115.71M; holding-period and age deductions are not applied.

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