Seoul prime office maintenance fee South Korea Q1 2021

Published by
H. Yoo,
Dec 14, 2022
In the first quarter of 2021, the average maintenance fee for prime offices in the central business district (CBD) amounted to around 44.5 thousand South Korean won per pyeong. The overall average maintenance fee for prime offices in Seoul business districts was around 42.3 thousand South Korean won per pyeong.

Average maintenance fee for prime offices in Seoul business districts in South Korea in the 1st quarter in 2021 (in 1,000 South Korean won per pyeong)

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Release date

May 2021

Region

South Korea

Survey time period

Q1 2021

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 0.88 U.S. dollars or 0.75 euros as of July 2021.

Figures have been rounded.

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