Seongsu's tenant base is anchored by fashion, design, tech-creative, advertising, hospitality.

  • Tier: prime.
  • Tenant character: Brooklyn-style creative-class submarket.
  • Average rent: $35/sqft/yr.

Seongsu, Seoul tenant profile

Seongsu's tenant base is anchored by fashion, design, tech-creative, advertising, hospitality.

TL;DR

  • Tier: prime.
  • Tenant character: Brooklyn-style creative-class submarket.
  • Average rent: $35/sqft/yr.

Who clusters here

Fashion, design, tech-creative, advertising, hospitality.

What that means for newcomers

Newcomers to Seongsu 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
submarketSeongsu
tierprime
averageRentLocal$35/sqft/yr
cityClassARentUsd$34/sqft/yr
cityVacancyPct5.2%

Frequently asked questions

What kind of tenants lease in Seongsu?
Fashion, design, tech-creative, advertising, hospitality.

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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