Dear community,
My husband and I are moving to Seoul upcoming March, and we’re currently searching for an apartment in the Gangnam district. We are looking for a low deposit home (i.e. about 1 month of rent) Our monthly housing budget is 5.5 million KRW. The housing agency we are in contact with told us that in Gangnam, this will get us a 1 bedroom apartment of roughly 50m².
We were expecting a bit more for this budget, and we can’t help but feel like we’re being overcharged or misled. We have searched the web a little bit and we seem to find some options of apartment in this district of 100 m2, but I have no idea if this is a scam as well, as we have no experience with the Korean house market whatsoever.
For context:
- We’re looking for a decent apartment, nothing overly luxurious, but comfortable enough for two people (but 2/3 bedrooms so we can have friends over).
- We prefer to be in Gangnam because of its proximity to work and amenities.
Does this sound reasonable for Gangnam, or should we push back and look for other options? Are there any reliable ways to check housing prices in the area or negotiate better deals?
We’d really appreciate advice from locals or anyone familiar with the housing market in Seoul.
submitted by /u/DisastrousClock0
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