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TOWER8(타워8)

Cheongjin-dong, Jongno-gu, Seoul · Jonggak Station, Line 1서울 종로구 청진동

Building specification

Floors24 above / 7 below
Gross floor area51,653㎡ (15,625 py)
Completed2015
Elevators10 passenger
Parking202 spaces
Nearest stationJonggak Station (Line 1) — 3 min walk
HVACCentral HVAC
Typical floor efficiency55.3%
All-in cost per py₩400,000

Available floors (7)

FloorNet areaLeasable areaEfficiencyDepositMonthly rentCAMAll-in / py
10F488㎡ (148 py)882㎡ (267 py)55.0%₩427,070,000₩42,700,000₩14,680,000₩395,900
7F329㎡ (99 py)594㎡ (180 py)55.0%₩287,520,000₩28,750,000₩9,880,000₩395,900
7F606㎡ (183 py)1,095㎡ (331 py)55.0%₩529,930,000₩52,990,000₩18,210,000₩395,900
6F799㎡ (242 py)1,445㎡ (437 py)55.0%₩699,310,000₩69,930,000₩24,030,000₩396,000
5F419㎡ (127 py)757㎡ (229 py)55.0%₩366,530,000₩36,650,000₩12,600,000
4F390㎡ (118 py)705㎡ (213 py)55.0%₩341,420,000₩34,140,000₩11,730,000₩395,900
3F635㎡ (192 py)1,148㎡ (347 py)55.0%₩555,680,000₩55,560,000₩19,100,000₩395,900

How to read these numbers

Deposit —
refundable in full at the end of the term, typically around 10× the monthly rent. It is capital parked with the landlord, not a cost.
CAM —
common area maintenance, billed monthly on top of rent. It usually covers building management, security and common-area utilities, but not your own electricity.
Net vs leasable area —
rent is quoted on leasable area, which includes a share of lobbies, corridors and cores. Efficiency is the ratio between the two — 45–55% is normal in Seoul.
All-in per py —
rent, CAM and the imputed interest on the deposit combined into one monthly figure per py of net area, so buildings can be compared on a single number. 1 py = 3.3㎡.

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