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How much does your school spend on your rent?
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R. S. Refugee



Joined: 29 Sep 2004
Location: Shangra La, ROK

PostPosted: Sun Mar 09, 2008 8:19 am    Post subject: How much does your school spend on your rent? Reply with quote

Since I am currently negotiating to get a bigger place in exchange for re-newing my contract, I'm curious how much money other people's schools are spending for rent for the sake of comparison.

Last edited by R. S. Refugee on Wed Mar 26, 2008 1:31 pm; edited 1 time in total
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plus99



Joined: 30 Dec 2007

PostPosted: Sun Mar 09, 2008 8:22 am    Post subject: Reply with quote

much better question than most of this nonsense. lets talk some actual economix.
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cruisemonkey



Joined: 04 Jul 2005
Location: Hopefully, the same place as my luggage.

PostPosted: Sun Mar 09, 2008 1:00 pm    Post subject: Reply with quote

My school spends W450,000/month. I don't know about key money.
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dethe



Joined: 01 May 2005
Location: Anyang

PostPosted: Sun Mar 09, 2008 5:44 pm    Post subject: Reply with quote

5 mil. key money 400 a month. I matched key money and pay 200. Place is nice 25 pyung 3 bedroom place .
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R. S. Refugee



Joined: 29 Sep 2004
Location: Shangra La, ROK

PostPosted: Sun Mar 09, 2008 6:06 pm    Post subject: Reply with quote

dethe wrote:
5 mil. key money 400 a month. I matched key money and pay 200. Place is nice 25 pyung 3 bedroom place .


What district?
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dethe



Joined: 01 May 2005
Location: Anyang

PostPosted: Sun Mar 09, 2008 6:26 pm    Post subject: Reply with quote

My school is in ansan.
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nobbyken



Joined: 07 Jun 2006
Location: Yongin ^^

PostPosted: Sun Mar 09, 2008 7:28 pm    Post subject: Reply with quote

I replied to a similar thread as this before, but I forgot to mention/stress that it was for a married teacher.

Gepik get bigger accommodation for married teachers.
So my last elementary school paid 6M key and about 600K a month for a 17 pyeong place in Suwon which got a bit crowded (villa).
Western furniture is a real space grabber. We could have done without a queen size bed.

This year I'm in a privately owned Gepik school in Yongin, abd the got us a good sized 24 pyeong (31m�) place in Yongin (Apartment). Lots more storage between the inside and outside windows. Didn't ask what money they paid, but it's not an expensive area.
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Otherside



Joined: 06 Sep 2007

PostPosted: Mon Mar 10, 2008 1:37 am    Post subject: Reply with quote

5mill key, W450,000 a month, 14-15 pyeong OfficeTel. Well maintained, decent quality, really busy area in Suwon.
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R. S. Refugee



Joined: 29 Sep 2004
Location: Shangra La, ROK

PostPosted: Mon Mar 10, 2008 1:41 am    Post subject: Reply with quote

Otherside wrote:
5mill key, W450,000 a month, 14-15 pyeong OfficeTel. Well maintained, decent quality, really busy area in Suwon.


Thanks. I think I'll be showing this one to my Koreans. They should be able to match these terms without too much stress.


Last edited by R. S. Refugee on Wed Mar 26, 2008 1:32 pm; edited 1 time in total
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Otherside



Joined: 06 Sep 2007

PostPosted: Mon Mar 10, 2008 1:45 am    Post subject: Reply with quote

Where is Jukjeon station?? I searched for it and can't find it?? (Do you mean Jakjeon station on the Incheon line?? -if so, 84 minutes by subway)

As I said, it's in Suwon, right by Suwon Station...
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R. S. Refugee



Joined: 29 Sep 2004
Location: Shangra La, ROK

PostPosted: Mon Mar 10, 2008 1:47 am    Post subject: Reply with quote

Otherside wrote:
Where is Jukjeon station?? I searched for it and can't find it?? (Do you mean Jakjeon station on the Incheon line?? -if so, 84 minutes by subway)

As I said, it's in Suwon, right by Suwon Station...


Thanks.


Last edited by R. S. Refugee on Wed Mar 26, 2008 1:33 pm; edited 1 time in total
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dethe



Joined: 01 May 2005
Location: Anyang

PostPosted: Mon Mar 10, 2008 4:57 pm    Post subject: Reply with quote

Remember for officetells you will be paying almost 200 a month in fees that the school won't cover.
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Bibbitybop



Joined: 22 Feb 2006
Location: Seoul

PostPosted: Mon Mar 10, 2008 5:25 pm    Post subject: Reply with quote

Central Seoul, close to the subway, my school pays 700,000, but that was due to negotiation on my part. No key money was paid, though, I put it down.
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sunhelen



Joined: 18 Sep 2007

PostPosted: Sat Mar 15, 2008 2:05 am    Post subject: Reply with quote

Not all officetels have high fees, but you should always ask.
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polonius



Joined: 05 Jun 2004

PostPosted: Sat Mar 15, 2008 8:09 am    Post subject: Reply with quote

24 pyeong. 30 mil down. 600,000 rent
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