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itiswhatitis
Joined: 08 Aug 2011
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 Posted: Tue Jul 02, 2013 4:35 am Post subject: Price for a 1 room in HBC these days |
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1 quick question:
What does a 1 room go for (please provide a price range)
in HBC these days per month?
I would prefer a deposit rather than key money and I do not want room mates.
Thanks!!! |
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Seoulman69
Joined: 14 Dec 2009
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| Posted: Tue Jul 02, 2013 5:03 am Post subject: |
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| Have a look on craigslist for an idea of what's on offer at what price. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Tue Jul 02, 2013 8:01 pm Post subject: |
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| I know this sounds silly and I've been here for years. But what is HBC? I mean I know it's an area near Itaewon? But what does it mean? I keep thinking of an old Canadian dept store every time I hear it. Ha ha. |
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Lucas
Joined: 11 Sep 2012
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| Posted: Tue Jul 02, 2013 8:20 pm Post subject: |
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| Quote: |
| I know this sounds silly and I've been here for years. But what is HBC? |
'Homosexual/bisexual corner' - HBC) |
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Zyzyfer
Joined: 29 Jan 2003
Location: who, what, where, when, why, how?
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| Posted: Tue Jul 02, 2013 8:30 pm Post subject: |
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| Lucas wrote: |
| Quote: |
| I know this sounds silly and I've been here for years. But what is HBC? |
'Homosexual/bisexual corner' - HBC) |
hehehehe
HBC is Haebangchon. It's about a 10 minute walk from Itaewon.
It seems like "tolerable" one-rooms are starting at up to 400-500k now. HBC/Gyeongnidan/Itaewon are generally not good places to avoid paying rent, it's generally a case of paying more key money simply means you get a higher-quality place.
edit: I think I misunderstood the original poster's question. These areas generally require a deposit rather than key money, it is usually 10 times the price of the monthly rent. As mentioned, check Craigslist to get a better idea of what price ranges are. |
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augustine
Joined: 08 Sep 2012
Location: México
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| Posted: Tue Jul 02, 2013 8:50 pm Post subject: |
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HBC is also keeping up with the change that has been taking place in Itaewon. I don't go that often, I generally prefer hanging out in Itaewon, but I've been a few times recently and it was booming. Even though I live a very short walk from there and don't go often but every time I've gone it seems like a new flashy spot has popped up. I went with a ladyfriend to a BBQ place there last week and we couldn't even get a table.
There's good food there and good foreign food marts as well, especially the Pinoy Mart. Don't expect that area to be a cheap place to live much longer. The only problem I've ever had with the place is it seems like it's dominated by Canadians who sit around lurking everywhere in the hood. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Wed Jul 03, 2013 1:16 am Post subject: |
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| Zyzyfer wrote: |
| Lucas wrote: |
| Quote: |
| I know this sounds silly and I've been here for years. But what is HBC? |
'Homosexual/bisexual corner' - HBC) |
hehehehe
HBC is Haebangchon. It's about a 10 minute walk from Itaewon.
It seems like "tolerable" one-rooms are starting at up to 400-500k now. HBC/Gyeongnidan/Itaewon are generally not good places to avoid paying rent, it's generally a case of paying more key money simply means you get a higher-quality place.
edit: I think I misunderstood the original poster's question. These areas generally require a deposit rather than key money, it is usually 10 times the price of the monthly rent. As mentioned, check Craigslist to get a better idea of what price ranges are. |
Ah, thanks. Aren't 500 to 600 a month for one rooms average in Seoul? Less deposit money needed there? I hear in Seoul it's usually 10 Million won? |
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nicwr2002
Joined: 17 Aug 2011
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| Posted: Wed Jul 03, 2013 3:48 am Post subject: |
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| Wow, I paid a 5 million deposit and 450k per month rent on a spacious 3 room here in Gwangju. I couldn't image paying that much for a one room. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Wed Jul 03, 2013 5:21 am Post subject: |
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| nicwr2002 wrote: |
| Wow, I paid a 5 million deposit and 450k per month rent on a spacious 3 room here in Gwangju. I couldn't image paying that much for a one room. |
Well, I paid 3 million for large one room and 300 a month rent with no maintenance fees out in my provincial city. I'm guessing Gwangju has a similiar pricing scheme. (Not the Gyeong-gi do one, I assume?) |
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Zyzyfer
Joined: 29 Jan 2003
Location: who, what, where, when, why, how?
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| Posted: Thu Jul 04, 2013 7:28 pm Post subject: |
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| Weigookin74 wrote: |
| Ah, thanks. Aren't 500 to 600 a month for one rooms average in Seoul? Less deposit money needed there? I hear in Seoul it's usually 10 Million won? |
It depends a bit. Not all one-rooms are created equal, you can get what is essentially a closet in Gagnam or Hongdae pretty cheap, but a place with a decent amount of space will be more like 700-800 a month.
Outside of the hovels of Itaewon, I think 10 million deposit is the absolute minimum in Seoul. 20 million, to me, feels more like the standard baseline.
| nicwr2002 wrote: |
| Wow, I paid a 5 million deposit and 450k per month rent on a spacious 3 room here in Gwangju. I couldn't image paying that much for a one room. |
Well it's Seoul versus pretty much the rest of the country, the rent can be high in Seoul because so many people believe it presents the best opportunities and such. |
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nicwr2002
Joined: 17 Aug 2011
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| Posted: Fri Jul 05, 2013 11:39 pm Post subject: |
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| Weigookin74 wrote: |
| nicwr2002 wrote: |
| Wow, I paid a 5 million deposit and 450k per month rent on a spacious 3 room here in Gwangju. I couldn't image paying that much for a one room. |
Well, I paid 3 million for large one room and 300 a month rent with no maintenance fees out in my provincial city. I'm guessing Gwangju has a similiar pricing scheme. (Not the Gyeong-gi do one, I assume?) |
Yeah, I'm in Jeolla-namdo Gwangju. The one room I was in before was 2.5 million deposit and 270 a month, but it was suitcase size. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Sat Jul 06, 2013 10:09 pm Post subject: |
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| nicwr2002 wrote: |
| Weigookin74 wrote: |
| nicwr2002 wrote: |
| Wow, I paid a 5 million deposit and 450k per month rent on a spacious 3 room here in Gwangju. I couldn't image paying that much for a one room. |
Well, I paid 3 million for large one room and 300 a month rent with no maintenance fees out in my provincial city. I'm guessing Gwangju has a similiar pricing scheme. (Not the Gyeong-gi do one, I assume?) |
Yeah, I'm in Jeolla-namdo Gwangju. The one room I was in before was 2.5 million deposit and 270 a month, but it was suitcase size. |
Sounds the same here. If you paid a little but more, you prob would have had the same as me. So, there are deals out there in the land not named Seoul or Gyeong-gi. But, is Gyeong-gi cheaper than Seoul in this regard or similiar? |
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shostahoosier
Joined: 14 Apr 2009
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| Posted: Mon Jul 08, 2013 8:15 am Post subject: |
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You might have luck around university areas. When I was apartment hunting I saw lots of one rooms in Seoul that were asking for 3-5 Million down and 300-500,000₩ a month.
I couldn't believe the dumps I saw in Itaewon. |
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augustine
Joined: 08 Sep 2012
Location: México
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| Posted: Mon Jul 08, 2013 9:12 am Post subject: |
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| shostahoosier wrote: |
| I couldn't believe the dumps I saw in Itaewon. |
True. When I was looking for a new place, I sent my ex-gf on an apartment scavenger hunt in Itaewon and she showed me nearly 15 places that she hunted down in her quest in my piss-poor price range. I couldn't believe some of these holes and the prices they were asking. Most of them looked like squatter, smack junky establishments and were asking for 5-10 million key money down, ridiculous.
But, that particular ex was a champ and absolute pro, and found me a sweet pad in Itaewon with plenty of space, four burners and an oven, fully furnished; not to mention, she talked down the key money considerably with no upward movement on the rent. When I met the landlady to sign the lease, she immediately told me I should marry her. Too bad she turned out to be insane  |
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