Gangnam (GBD) is best-fit for tech (naver, kakao satellites), consumer brands, professional services.
Gangnam (GBD) is best-fit for tech (naver, kakao satellites), consumer brands, professional services.
Tech (Naver, Kakao satellites), consumer brands, professional services.
Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.
| city | Seoul |
|---|---|
| submarket | Gangnam (GBD) |
| tier | trophy |
| averageRentLocal | ₩145,000/pyeong/mo · ≈ $35.2 PSF/yr USD |
| cityClassARentUsd | $34/sqft/yr |
| cityVacancyPct | 5.2% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.