Home » People & Blogs » apartment hunting in gangnam, seoul 🇰🇷 (prices, what it looks like, the process)

apartment hunting in gangnam, seoul 🇰🇷 (prices, what it looks like, the process)

Written By Kieun Choi on Thursday, Nov 26, 2020 | 07:45 AM

 
hi! in this video i'll be giving a tour of apartments in gangnam, seoul 🇰🇷 the places i show in this video are called "officetels" which are like studio apartments in korea. ✨ instagram: https://www.instagram.com/kieunchoi 한국어 자막 있어요 :) here is a breakdown of the housing process in korea: - you can use different housing apps like zigbang or dabang to look for places & contact realtors through there. you make an appointment with the realtor and go look at places together - korea's housing system requires a key money deposit. for one-year officetel contracts, it usually starts from $10,000 and the more you increase your key money deposit ($20k, $50k, etc.), the cheaper your monthly rent becomes -- this may differ depending on your house owner, but for example:     * $10k key money = $900 monthly rent     * $30k key money = $850 monthly rent     * $50k key money = $800 monthly rent - there's a system called "jeonse" and it's a two-year contract in which you put down a key deposit of $100k+ (the places shown in this video have a key deposit of $270k+) and you don't pay monthly rent - once you sign the contract, you have to pay realtor fees and set your move-in date ♪ Music by Dan and Drum - Taste Like - https://thmatc.co/?l=B4A83FDC Music by Clueless Kit - around - https://thmatc.co/?l=6F0B880A Music by Gil Wanders - Dreams - https://thmatc.co/?l=60215CED Music by Ryan Little - Think About You - https://thmatc.co/?l=1A75760C Music by Naomi - The Coffee Shop - https://thmatc.co/?l=A978B7B3 Music by Fiji Blue - Butterflies - https://thmatc.co/?l=4614E362 📷 camera & equipment - sony zv-1: https://amzn.to/3ptbjm1 - bluetooth tripod: https://amzn.to/3IpjqZx