Studio Rents Drop in Seoul's University Neighborhoods
Rents for studio apartments in major university neighborhoods in Seoul have seen a shift. While maintenance fees have risen, monthly rents have dropped. Meanwhile, the Seoul Global Center's Welcoming Week program provided valuable support to international students.
The change in studio apartment rents comes as a surprise in university neighborhoods. Despite the increase in maintenance fees, monthly rents have decreased, offering some relief to students. This trend may reflect a shift in the local housing market.
The Seoul Global Center's Welcoming Week program was a significant event for international students. It featured mock job interviews, employment counseling, networking sessions, and special lectures. These activities aimed to equip students with essential skills for the job market and help them integrate into the city's professional scene. The event was held at the Seoul Startup Hub in Mapo district, with an organizer speaking on October 2nd, although their name is not publicly available.
The change in studio apartment rents in major university neighborhoods signals a potential shift in the local housing market. Meanwhile, the Seoul Global Center's Welcoming Week program demonstrated a commitment to supporting international students, with more than half of Seoul residents not owning a home, indicating a need for such initiatives.
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