Gangnam (GBD)'s tenant base is anchored by tech (naver, kakao satellites), consumer brands, professional services.

  • Tier: trophy.
  • Tenant character: Tech and consumer-brand HQ corridor.
  • Average rent: ₩145,000/pyeong/mo · ≈ $35.2 PSF/yr USD.

Gangnam (GBD), Seoul tenant profile

Gangnam (GBD)'s tenant base is anchored by tech (naver, kakao satellites), consumer brands, professional services.

TL;DR

  • Tier: trophy.
  • Tenant character: Tech and consumer-brand HQ corridor.
  • Average rent: ₩145,000/pyeong/mo · ≈ $35.2 PSF/yr USD.

Who clusters here

Tech (Naver, Kakao satellites), consumer brands, professional services.

What that means for newcomers

Newcomers to Gangnam (GBD) should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

citySeoul
submarketGangnam (GBD)
tiertrophy
averageRentLocal₩145,000/pyeong/mo · ≈ $35.2 PSF/yr USD
cityClassARentUsd$34/sqft/yr
cityVacancyPct5.2%

Frequently asked questions

What kind of tenants lease in Gangnam (GBD)?
Tech (Naver, Kakao satellites), consumer brands, professional services.

Related

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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