Seoul's University Housing: Rents Drop as Maintenance Fees Rise
Seoul's university neighborhoods are witnessing a shift in housing trends. While maintenance fees for studio apartments have increased, monthly rents have decreased. Meanwhile, the Seoul Global Center's Welcoming Week program has provided valuable support to international students.
The Seoul Global Center's Welcoming Week, held in October, offered international students a range of services to aid their transition. These included mock job interviews, employment counseling, networking sessions, and special lectures. Among the events was the Housing Guides for International Students, held at the Seoul Startup Hub in Mapo-gu. Despite a thorough search, the guest speaker at this event remains unidentified.
This change in the housing market comes as more than half of Seoul residents do not own a home. The increase in maintenance fees for studio apartments may be a result of rising demand and limited supply in these popular university areas.
The decrease in monthly rents for studio apartments in Seoul's university neighborhoods could indicate a shift in the local housing market. Meanwhile, the Seoul Global Center's Welcoming Week program has proven beneficial for international students, with the Housing Guides event providing crucial information, despite the unidentified guest speaker.
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