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How does the price change when an apartment is auctioned?

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If an apartment worth 1 billion won is auctioned off for 300 million won on Naver Real Estate,

Is the price of that apartment 1 billion or 300 million won?

Excluding everything in between, like rights, deposits, taxes, etc.

It’s an extreme example, but I’m just writing this because I’m curious.

While talking with a friend

Still, it’s 1 billion. Since it’s an item that comes up for auction only occasionally, you can’t buy it all for 300 million.

Still, the price is adjusted.

Let’s exchange it and write it down.

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