--- title: "Pangyo Techno Valley, Seoul — Class A submarket" description: "Korea's principal tech HQ campus south of the city." canonical: https://classa.info/cities/seoul/pangyo pageType: neighborhood lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Pangyo Techno Valley is a prime-tier Class A submarket of Seoul with average asking rent around $36/sqft/yr. ## TL;DR - Korea's principal tech HQ campus south of the city. - Prime tier — ~$36/sqft/yr. - Strong Class A inventory. # Pangyo Techno Valley, Seoul — Class A submarket *Korea's principal tech HQ campus south of the city.* · Tier: prime · Avg rent: $36/sqft/yr ## TL;DR - Korea's principal tech HQ campus south of the city. - Prime tier — ~$36/sqft/yr. - Strong [Class A](/glossary/class-a) inventory. ## Overview Pangyo Techno Valley in greater Seoul is Korea's principal tech HQ campus — Kakao, NCsoft, Krafton, and Naver subsidiaries anchor the cluster. ## Tenant profile Gaming, internet platforms, AI, software, semiconductors. ## Typical specification 20–40,000 sqft floor plates available across newer Class A stock. ## Transit Pangyo (Shinbundang Line, GTX-A planned). Multi-modal transit with high commute capture from the city's professional catchment. ## Amenities Hyundai Department Store Pangyo, Avenue France. ## Comparable buildings - **Kakao HQ** [](https://www.google.com/maps/search/?api=1&query=Kakao%20HQ%2C%20242%20Pangyoyeok-ro%2C%20Bundang-gu%2C%20Seongnam-si%2C%20Pangyo%20Techno%20Valley%2C%20Seoul%2C%20South%20Korea&query_place_id=ChIJhTb7PvSnfDUR9F3O6BtT1Is) - **NC Tower** [](https://www.google.com/maps/search/?api=1&query=NC%20Tower%2C%20227%20Pangyoyeok-ro%2C%20Bundang-gu%2C%20Seongnam-si%2C%20Pangyo%20Techno%20Valley%2C%20Seoul%2C%20South%20Korea&query_place_id=ChIJNaYYYoynfDURkeyUolp-wwE) - **Alpha Dome** [](https://www.google.com/maps/search/?api=1&query=Alpha%20Dome%2C%20152%20Pangyoyeok-ro%2C%20Bundang-gu%2C%20Seongnam-si%2C%20Pangyo%20Techno%20Valley%2C%20Seoul%2C%20South%20Korea&query_place_id=ChIJickCy09ZezURYC0LAptTRQA) ## Where Pangyo Techno Valley sits in Seoul Pangyo Techno Valley is one of 6 Class A submarkets we cover in Seoul, classified as prime tier with an average asking rent around $36/sqft/yr. Compared with the broader Seoul Class A stock, Pangyo Techno Valley typically attracts Gaming, internet platforms, AI, software, semiconductors and competes most directly with the city's other prime submarkets on building specification, transit access, and [amenitisation](/glossary/amenitisation). Adjacent submarkets to study alongside Pangyo Techno Valley: [Jongno / Gwanghwamun (CBD)](/cities/seoul/jongno-gwanghwamun), [Yeouido (YBD)](/cities/seoul/yeouido), [Gangnam (GBD)](/cities/seoul/gangnam), [Seongsu](/cities/seoul/seongsu). The full Seoul submarket atlas is at [/cities/seoul](/cities/seoul). ## Topic deep-dives for Pangyo Techno Valley For an institutional Class A occupier evaluating Pangyo Techno Valley, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket: - [Pangyo Techno Valley — ](/cities/seoul/pangyo/rents-and-availability) - [Pangyo Techno Valley — ](/cities/seoul/pangyo/tenant-profile) - [Pangyo Techno Valley — ](/cities/seoul/pangyo/transit-and-commute) - [Pangyo Techno Valley — ](/cities/seoul/pangyo/amenity-and-lifestyle) - [Pangyo Techno Valley — ](/cities/seoul/pangyo/trophy-and-comparables) - [Pangyo Techno Valley — ](/cities/seoul/pangyo/fit-out-and-spec) ## Related glossary Terminology specific to Seoul Class A leasing and to the prime tier: [Class A](/glossary/class-a), [Trophy asset](/glossary/trophy-asset), [Effective rent](/glossary/effective-rent), [Concession package](/glossary/concession-package), [TI allowance](/glossary/ti-allowance), [Submarket tier](/glossary/submarket-tier). ## Editorial provenance Reviewed by [**Kenji Watanabe**](/about/authors/kenji-watanabe) — APAC contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards). ### Primary sources for this page - [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE - [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL - [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield - [Savills World Research](https://www.savills.com/research_articles/) — Savills - [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers [Full sources index](/about/sources) · [Submit a correction](/about/corrections) ## Related topics - [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal. - [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce. - [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease. - [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies. - [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office [fit-out](/topics/fit-out-capex)">fit-out capex. - [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa. --- Citation: Source: Class A Atlas (https://classa.info/cities/seoul/pangyo), updated 2026-04-15T00:00:00.000Z.