RESIDENTIAL RENTAL Seoul: Snapshot of Typical Asking Rents (approx) MARKET TRENDS This information is brought to you by our Supply Chain partner, Apex Relocations Typical length of tenancy 24 months STANDARD PREMIUM Notice period 2 months Locations Ichon-dong, Haebanchong-dong, Seodaemun-gu, Gangnam-gu, Apgujeong-dong, Itaewon-dong, Hannam- Bangbae-dong dong Typical deposit Indicate if Indicate if 24 months rent in advance in place rental price is rental price is of deposit Rent From Rent To up, down or Rent From Rent To up, down or Property Pro昀椀le Unique situations (JPY/Month) (JPY/Month) unchanged (JPY/Month) (JPY/Month) unchanged • No diplomatic clause but there from previous from previous may be room for negotiation quarter quarter depending on the landlord. Typical Size 24 sqft 33 sqft 52 sqft 90 sqft 1 Bed Apt 2023-Q4 1,500,000 3,000,000 — 2,000,000 4,000,000 — • 5-10% of deposit required as down payment to secure the property before signing. Typical Size 50 sqft 79 sqft 72 sqft 99 sqft 2 Bed Apt 2023-Q4 2,500,000 4,000,000 — 4,000,000 6,000,000 — Typical Size 79 sqft 103 sqft 118 sqft 198 sqft 3 Bed Apt 2023-Q4 5,000,000 7,000,000 — 7,000,000 12,000,000 — Typical Size 69 sqft 264 sqft 83 sqft 300 sqft Row House 2023-Q4 4,000,000 13,000,000 — 3,000,000 15,000,000 — Typical Size 165 sqft 264 sqft 200 sqft 300 sqft Detached House 2023-Q4 10,000,000 13,000,000 — 10,000,000 20,000,000 —