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Cost of an apartment in Pusan?

 
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Pspazzboy



Joined: 19 May 2003

PostPosted: Mon Jun 02, 2003 7:56 am    Post subject: Cost of an apartment in Pusan? Reply with quote

I have a contract from a Direct English school in Busan that offers up to W5,000,000 as a security deposit and W150,000 a month for housing allowance (or W250,000 if I choose to not use the security deposit). I have no idea the general cost of housing in Pusan; can anyone give me a general idea? Is this a cardboard box or a penthouse with a view?
Thanks a lot!
Philip
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Sliver



Joined: 04 May 2003
Location: The third dimension

PostPosted: Mon Jun 02, 2003 1:21 pm    Post subject: Reply with quote

With 5 mil down a box (8 or 9 pyeong) will cost 300,000 to 450,000 per month in Pusan.

Tell them to organise an apartment or get more money.
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Stunted Wookie



Joined: 06 Feb 2003
Location: Sound Studio

PostPosted: Mon Jun 02, 2003 10:38 pm    Post subject: box Reply with quote

Its a cardboard box...
Or a GREAT traditional style place with an outdoor communial toilet and a ledge for a kitchen.

My wife and I have a 3 bedroom apartment (28pyeong) that cost 70 million down and monthly rent....

Move on to the next contract or tell the school to stop joking around.
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Gord



Joined: 25 Feb 2003

PostPosted: Mon Jun 02, 2003 11:23 pm    Post subject: Reply with quote

I know people who have their own apartments in Seoul, the most place in Korea to get housing, who have places under 250,000 a month and no key deposit.

The secret?

The non-highrise apartments. Places that are three levels tall for example.
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kimcheeking
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PostPosted: Mon Jun 02, 2003 11:40 pm    Post subject: Reply with quote

Gord wrote:
I know people who have their own apartments in Seoul, the most place in Korea to get housing, who have places under 250,000 a month and no key deposit.

The secret?

The non-highrise apartments. Places that are three levels tall for example.


yeah sure, no deposit and only 250,000....I've been renting in low-rises for the last three years, good luck you won't find anything like that. my cheapest place was 5,000,000 and 300,000 a month for 5 pyoung. Granted I know 2 people who have only paid 3mil and are paying 200 monthly. It is possible but their places are smaller and kind of half basement.

My current lowrise - 3rd floor of 4 and 15 pyoung- costs me 50 mil for no monthly. It's also got lots of roaches and the landlord won't let us install an a/c. Anyhow in August it's the big move to a highrise. 120mil and no monthly rent.

edit, if you get an Ok-top, then it would be much cheaper but even smaller with a greater risk of break-ins and a very hot in the summer and cold in the winter.


Last edited by kimcheeking on Mon Jun 02, 2003 11:48 pm; edited 1 time in total
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Pspazzboy



Joined: 19 May 2003

PostPosted: Mon Jun 02, 2003 11:46 pm    Post subject: Reply with quote

Thanks for the input guys...I asked them about it and they said that the 150,000 isn't meant to cover the entire cost...it's about 1/4 of what I'd have to pay. Apparently that's the norm with adult schools...I don't know. I guess it could work...we'll see.
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