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효제빌딩

Yeoksam-dong, Gangnam-gu, Seoul · Seolleung Station, Line 2서울 강남구 역삼동

Building specification

Floors13 above / 3 below
Gross floor area2,337㎡ (707 py)
Completed2014.10.14
Elevators1 passenger
Parking9 spaces
Nearest stationSeolleung Station (Line 2) — 1 min walk
HVACIndividual HVAC
Typical floor efficiency65.5%
All-in cost per py₩159,000

Available floors (3)

FloorNet areaLeasable areaEfficiencyDepositMonthly rentCAMAll-in / py
5F132㎡ (40 py)202㎡ (61 py)66.0%₩100,000,000₩6,000,000₩1,300,000₩188,800
3F132㎡ (40 py)202㎡ (61 py)66.0%₩100,000,000₩6,000,000₩1,300,000₩188,800
1F66㎡ (20 py)106㎡ (32 py)63.0%₩150,000,000₩5,800,000₩1,000,000₩358,800

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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