The housing deposit, a kind of lease, in Seoul is more than double the amount in the provinces.
According to a survey by Dr. Apartment, a real estate information agency, on Monday, supposing the index of the housing deposit in Seoul of W6.26 million (US$1=W1,255) per 3.3 sq. m as of last Friday is set at 100, then the index in the vicinity is 74 or W4.64 million per sq. m, followed by other metropolitan areas (48 or W3 million) and towns in the provinces (43 or W2.71 million).
The highest deposit index in Seoul districts is more than double the lowest. The upscale Gangnam District had the highest index at 152 or W9.51 million, while Gangbuk District had the lowest at 68 or W4.25 million.