Seongsu (prime, ~$35/sqft/yr) is one of 6 Seoul Class A submarkets we track.

  • Seongsu sits at prime tier.
  • Average rent $35/sqft/yr vs city average 142000.
  • Compared submarkets: Jongno / Gwanghwamun (CBD) (trophy), Yeouido (YBD) (trophy), Gangnam (GBD) (trophy).

Seongsu vs other Seoul submarkets

Seongsu (prime, ~$35/sqft/yr) is one of 6 Seoul Class A submarkets we track.

TL;DR

  • Seongsu sits at prime tier.
  • Average rent $35/sqft/yr vs city average 142000.
  • Compared submarkets: Jongno / Gwanghwamun (CBD) (trophy), Yeouido (YBD) (trophy), Gangnam (GBD) (trophy).

Side-by-side with peers

**Jongno / Gwanghwamun (CBD)** (trophy, ₩130,000/pyeong/mo · ≈ $31.6 PSF/yr USD) — Seoul's historic corporate spine. **Yeouido (YBD)** (trophy, ₩138,000/pyeong/mo · ≈ $33.5 PSF/yr USD) — The financial island. **Gangnam (GBD)** (trophy, ₩145,000/pyeong/mo · ≈ $35.2 PSF/yr USD) — Tech and consumer-brand HQ corridor. **Magok** (prime, $30/sqft/yr) — Western R&D and life-sciences district. **Pangyo Techno Valley** (prime, $36/sqft/yr) — Korea's principal tech HQ campus south of the city.

Key facts

citySeoul
submarketSeongsu
tierprime
averageRentLocal$35/sqft/yr
cityClassARentUsd$34/sqft/yr
cityVacancyPct5.2%

Frequently asked questions

What other submarkets compete with Seongsu in Seoul?
Jongno / Gwanghwamun (CBD), Yeouido (YBD), Gangnam (GBD)

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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