Jung 1(il)-dong Property Prices in Busan 2026
Our Verdict
"Final Boss"
At a median of ₩11,500,000/m², you are paying for the zip code and the proximity to the sand. The FINAL_BOSS rating is earned because this is the absolute ceiling of the Busan market; there is nowhere higher to climb. Our investment outlook remains aggressive because despite the eye-watering m² stats, the demand for beachfront property in Korea is localized almost entirely to this specific grid.
The Vibe:This is the high-stakes playground where the LCT towers loom over every street and the sea salt air hits you the moment you exit Haeundae Station on Line 2. You’re trading quiet residential life for the sheer prestige of living on Busan’s most expensive coastline, where the sidewalks are packed with tourists and luxury cars. It's a concrete jungle of glass skyscrapers and high-end retail that makes the rest of the city look like a sleepy suburb.
The median property price in Jung 1(il)-dong, Busan is ₩11,500,000 per m², 117% above the Busan city average of ₩5300000/m². Based on 1 verified sale data points as of February 2026.
Market Median · Jung 1(il)-dong
20+ data pointsI Paid
Scroll to share what you pay · anonymous
Quick Estimate
Jung 1(il)-dong @ ₩11,500,000/m²
District Highlights
Locals Ask
Is the sea view worth the ₩15,000,000/m² peak price?
Only if you are high enough to see over the other skyscrapers; lower floors just get the glare from the building across the street.
How do seasonal tourists affect House Prices here?
They don't lower the prices, but they do make the neighborhood analysis tricky as short-term rental yields often outperform long-term leases.
What is the m² stats for older apartments near the traditional market?
Expect to pay closer to the ₩8,200,000/m² floor for older stock that lacks the flashy lobbies of the new towers.
Is parking a nightmare near Mipo Harbor?
Worse than a nightmare; if your building doesn't have a dedicated underground lot, you shouldn't bother owning a car in this area.
What is the long-term Investment outlook for Jung 1-dong?
It's the safest bet in Busan because the land is finite and the prestige of the 'Haeundae' name isn't going anywhere.
Find Properties in Jung 1(il)-dong
Nearby in Busan
About This Data
Data Sources
Jung 1(il)-dong prices are sourced from real market listings and verified location scans submitted by users in Busan. Each neighbourhood requires multiple independent data points before publication to ensure statistical reliability.
Methodology
We report median prices — not averages — to reduce outlier distortion. All figures are per square metre (purchase price). The 5/5 rating reflects price-to-value relative to local amenities, transit access, and broader market conditions in Busan.
Last Updated
This page was last updated in February 2026. AI-generated insights — including the vibe description, verdict, and FAQs — are regenerated whenever the underlying price data changes to keep analysis current.