Seoul prime office average rent South Korea Q3 2023

Published by
H. Yoo,
Jan 9, 2024
In the third quarter of 2023, the average rent for prime offices in the central business district (CBD) amounted to around 121,000 South Korean won per pyeong (3.3 square meters). The overall average rent for prime offices in Seoul business districts was around 115,700 South Korean won per pyeong.

Average monthly rents for prime offices in Seoul business districts in South Korea in the 4th quarter of 2023 (in 1,000 South Korean won per pyeong)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

October 2023

Region

South Korea

Survey time period

Q3 2023

Supplementary notes

Pyeong is the traditional measure for real estate floorspace in South Korea. One pyeong equals 3.3058 square meters.

1,000 South Korean won equals 0.76 U.S. dollars or 0.70 euro as of January 2024.

Figures have been rounded.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Office real estate in South Korea "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Office real estate in South Korea

Commercial buildings

5

Non-residential housing

4

Rental prices

4

Offices in Seoul

5

Investment

6

Further related statistics

18

Further Content: You might find this interesting as well

Statistics

Topics

Real estate in South KoreaUnemployment in South KoreaE-government in South KoreaSuicide in South KoreaConstruction in South Korea
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.