Hybrid policies in Seoul have compressed total demand but increased per-sqft quality requirements — the surviving demand is institutional Class A, not Class B.
Hybrid policies in Seoul have compressed total demand but increased per-sqft quality requirements — the surviving demand is institutional Class A, not Class B.
Most Class A occupiers in Seoul now plan for 60–80% peak in-office occupancy. Sizing on peak (not average) is the only way to avoid permanent spillover. Use the Office Space Calculator with hybrid-mode density.
Meeting-room intensity has roughly doubled. Phone-booth count has tripled. Hot-desking is the rule for under-50% in-office days; assigned desks for higher attendance bands. Hospitality-grade amenity is now table stakes.
| city | Seoul |
|---|---|
| country | South Korea |
| region | APAC |
| classARentLocal | 142000 KRW/sqft/yr |
| classARentUsd | $102/sqft/yr |
| vacancy | 5.2% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 6 |
| submarkets | 6 |
| primeYieldPct | 4% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.