Shopping districts in Seoul with high rents include Bukchang-dong and Myeong-dong, revealed by Seoul city survey - South Korea

The city of Seoul recently announced the ``2023 Survey on the Status of Leasing in Shopping Districts''. The survey targeted 12,531 stores located on the first floor of 145 major shopping districts.
The commercial rent in 2023 was 74,900 won (approximately 8,403 yen) per square meter. Commercial rent is one of the indicators that makes it possible to grasp the amount of money that is incurred in leasing. monthly fee
The amount is the rent, management fee, and monthly security deposit. Based on the average area of 60.2 square meters per store, the commercial rent for one store is 4.5 million won (approximately 504,851 yen).
Become. Last year, Bukchang-dong had the highest commercial rent at 180,000 won (approximately 20,193 yen) per square meter. If converted to average area, the monthly average is 108
This means that you will be paying 70,000 won (approximately 1.21 million yen). This includes Myeong-dong Street, which costs 173,700 won (approximately 19,489 yen), and Myeong-dong Street, which costs 153,600 won (approximately 17,232 yen).
Myeong-dong Station, which costs 140,800 won (about 15,799 yen), was followed by Apgujeong Rodeo Station, which costs 140,800 won (approximately 15,799 yen). The average sales in major shopping streets is 463,000 won per square meter.
(approximately 51,946 yen), and if converted to the average area, it would be 27.87 million won (approximately 3.12 million yen) per store. The average initial investment cost was 170 million won (approximately 19.07 million yen).