Business · Economy · 2 hrs ago
Monthly rents rise in northern Seoul, including Seongbuk and Dongdaemun
Monthly rents are rising in northern Seoul, including Seongbuk and Dongdaemun.
In August, a newly married couple moved into an 84-square-metre apartment in Seongbuk District.
They paid a 100 million won deposit and 3 million won in monthly rent.
The same-sized apartment in the complex had rented for 1.8 million won a month in March last year, with the same deposit.
That means the monthly rent rose by nearly 1.2 million won in about 17 months, while the deposit stayed unchanged.
The available information gives no further details about what happens next.
Monthly rents have risen in parts of northern Seoul, including Seongbuk and Dongdaemun, according to the Chosun Ilbo article.
A couple moved into an 84-square-metre apartment in Seongbuk-gu’s Gireum-dong in August with a deposit of 100 million won and monthly rent of 3 million won.
The same-sized apartment in the complex had rented for a 100 million won deposit and 1.8 million won per month in March of the previous year.
The monthly rent was therefore nearly 1.2 million won higher, while the deposit remained unchanged.
- Who
- A newlywed couple identified as Mr. A, 33, and his wife.
- What
- Monthly rents are rising in Seongbuk and Dongdaemun, among other northern Seoul areas.
- When
- The reported apartment lease began in August this year; a comparable lease was recorded in March of the previous year.
- Where
- Gireum-dong, Seongbuk-gu, Seoul.
- Why
- Not stated
This story does not have two clearly opposing sides.
An 84-square-metre apartment in the complex was rented for a 100 million won deposit and 1.8 million won in monthly rent.
The couple moved into an apartment of the same size in the complex, paying a 100 million won deposit and 3 million won in monthly rent.
- Area
- Gireum-dong, Seongbuk-gu, Seoul
- Apartment size
- 84 square metres
- Deposit
- 100 million won
- Monthly rent in August
- 3 million won
- Earlier monthly rent
- 1.8 million won in March of the previous year