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thepeel
Joined: 08 Aug 2004
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Posted: Wed Jun 15, 2005 9:21 am Post subject: Did I get ripped off? |
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Hi,
A quick question for those who know about Kangnam rental issues.
I just rented an officetel at SNU-EDU station. It is really big, and we are the first to live in it (brand new building). We paid 20mil key money and 500 rent. It has an amazing view, but no storage space. Also, it is fully furnished.
Did we get taken? |
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the_beaver
Joined: 15 Jan 2003
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Posted: Wed Jun 15, 2005 9:34 am Post subject: |
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How many ��? |
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JongnoGuru
Joined: 25 May 2004 Location: peeing on your doorstep
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Posted: Wed Jun 15, 2005 9:37 am Post subject: |
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Yeah, "really big" doesn't help much.
You're up late, you two. |
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the_beaver
Joined: 15 Jan 2003
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Posted: Wed Jun 15, 2005 9:38 am Post subject: |
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JongnoGuru wrote: |
Yeah, "really big" doesn't help much.
You're up late, you two. |
Still grading. |
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thepeel
Joined: 08 Aug 2004
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Posted: Wed Jun 15, 2005 9:40 am Post subject: |
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17 or 18 pyeong I think. |
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the_beaver
Joined: 15 Jan 2003
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Posted: Wed Jun 15, 2005 9:57 am Post subject: |
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BJWD wrote: |
17 or 18 pyeong I think. |
Sounds in the normal range to me. |
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JongnoGuru
Joined: 25 May 2004 Location: peeing on your doorstep
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Posted: Wed Jun 15, 2005 10:03 am Post subject: |
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That rent arrangement sounds about right. Most places I've just seen in that area and of that size are 10 mil. deposit/600k monthly or in that range. Your additional 10 mil. deposit is saving you per year far more than any bank interest would pay. (gobs more) New building? Nice building? I'd say you weren't taken at all.
I wouldn't call 17~18 really big as officetels go. Kinda big might be more accurate. You said "we", so I'm guessing you're living there with someone. Hope it's a bed-buddy, cuz them's close quarters, even with the crawl-spacey upper level if it's got one. Pics? |
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inkoreaforgood
Joined: 15 Dec 2003 Location: Inchon
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Posted: Wed Jun 15, 2005 2:38 pm Post subject: |
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JongnoGuru wrote: |
I wouldn't call 17~18 really big as officetels go. Kinda big might be more accurate. You said "we", so I'm guessing you're living there with someone. Hope it's a bed-buddy, cuz them's close quarters, even with the crawl-spacey upper level if it's got one. Pics? |
If they weren't bed buddides before, they are now... |
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mack the knife
Joined: 16 Jan 2003 Location: standing right behind you...
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Posted: Wed Jun 15, 2005 3:56 pm Post subject: |
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20 mil. for an officetel is excessive. I've been in some of the fanciest officetels (in Gangnam/Mokdong/etc.) and those typically go for 5-10 mil key money with 500-800 rent. |
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