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Driftingfox
Joined: 09 Nov 2008 Location: Seoul Soon
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jackdaniels

Joined: 13 Feb 2008 Location: Korea
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Posted: Mon May 25, 2009 1:29 pm Post subject: Re: Loft Apartment, 3 Minutes from Sunae Station - Low Key M |
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[quote="Driftingfox"] a low 5mil with 650,000 a month for rent.
Someone was misinformed 5 mill is standard key money. |
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Golem
Joined: 18 Jun 2008 Location: Seoul
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Posted: Mon May 25, 2009 2:09 pm Post subject: |
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5 mil is the minimum most landlords will allow. It is in fact the standard amount of money that most hagwons will give you if you choose to find your own accommodation. |
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IlIlNine
Joined: 15 Jun 2005 Location: Gunpo, Gyonggi, SoKo
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Posted: Mon May 25, 2009 3:21 pm Post subject: Re: Loft Apartment, 3 Minutes from Sunae Station - Low Key M |
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What's the name of the building? |
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Driftingfox
Joined: 09 Nov 2008 Location: Seoul Soon
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Posted: Mon May 25, 2009 4:59 pm Post subject: |
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Sorry! I thought that 10m was the standard for key money as that is what I have seen most often. Also, the building is the We've Centium building. |
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pkang0202

Joined: 09 Mar 2007
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Posted: Mon May 25, 2009 5:25 pm Post subject: |
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5,000,000w is pretty low for an OfficeTel room. This is not your typical 1 room Villa housing where 5,000,000w is the norm.
When I lived at the We've Centium in Yeoksam (gangnam), the minimum key money was 10,000,000w and the rent was 850,000w per month.
That's not including the 150,000w in management fees. On top of that, you had to pay for utilities. It looks that the Sunae We've Centium is a little more roomier than the Yeoksam one, and considerably cheaper.
Still expensive compared to a regular 4 story One-room villa, however, officetels have their perks. Usually they have a fitness room, restaurants, and stores in the same building. I never saw a single mosquito while living in my officetel (I was on the 10th floor). |
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phoneboothface
Joined: 26 Apr 2009 Location: Korea
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Posted: Mon May 25, 2009 5:31 pm Post subject: |
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I lived in an officetel in that area with 5m deposit. 10m seems standard in Seoul especially around Gangnam for a decent officetel. 5m in Bundang.
Anyways that's a decent place. |
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crossmr

Joined: 22 Nov 2008 Location: Hwayangdong, Seoul
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Posted: Mon May 25, 2009 6:05 pm Post subject: Re: Loft Apartment, 3 Minutes from Sunae Station - Low Key M |
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jackdaniels wrote: |
Driftingfox wrote: |
a low 5mil with 650,000 a month for rent. |
Someone was misinformed 5 mill is standard key money. |
For a crappy apartment in a bad location, yes 5 million is standard.
near konkuk the only thing you're getting for 5 million is like a 5 pyeong 1 room. |
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red_devil

Joined: 30 Jun 2008 Location: Korea
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Posted: Tue May 26, 2009 1:20 am Post subject: |
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What floor is this officetel on?
How much is the "management fee" and how much do you normally pay for utilities?
Correct, most loft officetels around Gangnam area will run you min. 10Mil key money and around 800K monthly...that i've found so far. I don't think it's unreasonable for a 5Mil key money if you sign a longer term lease, just that most people only stick around for a year or so before they move to their other place and other contract. |
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Driftingfox
Joined: 09 Nov 2008 Location: Seoul Soon
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Posted: Tue May 26, 2009 3:58 am Post subject: |
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It's on the 6th floor. I can't remember exactly what the management fee was, because I paid for all my bills at the same time, including internet, cable tv, electricity, management, gas... and that usually came to a total of 200 a month. I didnt have to use the floor heating in the winter, because I would just use a small heater in the loft. And the lights are superfluous in the daytime because of that large east-facing window. |
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Driftingfox
Joined: 09 Nov 2008 Location: Seoul Soon
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Posted: Mon Jun 01, 2009 11:51 am Post subject: |
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Still available! |
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