While executive suite space is at a premium in Seoul, Instant’s specialist local consultant Betty Chen recommends the Gangnam Business District, an area that continues to emerge as the new hub for a wide range of industries in Seoul.
Prices in Seoul for executive suites are approximately KRW 700,000-1,000,000 per person, per month.
When looking for executive suites keep in mind that these costs usually cover a variety of amenities and as such can offer great value for money and lower outgoings.
While coworking has really kicked off in other Asian locations such as Hong Kong and Singapore, Seoul has been relatively slow on the uptake, still favouring more traditional office space.
However, the modern city is definitely seeing a rise in coworking that looks set to continue.
Instant Offices are able to accommodate most inquiries, from one person through to 100 or more depending on the specifics.
Five things you probably didn't know about Seoul:
- The number ‘4’ is considered very unlucky in South Korea, to the point that many buildings will not have a 4th floor
- The world’s first cloned dog was created at the Seoul National University
- The taxis in the city are color coded; a grey or white one will be a basic car whereas the black taxis are more luxurious with a more experienced driver
- The political tensions with North Korea mean that South Korea is fundamentally an island; everything comes in and out of South Korea by plane or boat
- Seoul hosted matches in the 2002 FIFA World Cup as well as hosting the Summer Olympics in 1988; one of only a handful of cities to have done so