Wednesday, June 4, 2008

The Minitel

Mr park took us to see our accommodation. Checked in and the rental is about USD500 per month per person. Quite a small room but the facilities are quite good. Our rooms are equipped with refrigerator, air-cond, bathroom, cupboard, cabinets, TV and also the internet (the most important ones). We had to share the kitchen, washing machines, etc. Other than that are not provided. There are cheaper rooms with shared bathroom (communal bathroom) but we don't think that would be a good idea. They called it Minitel. The Minitel are very closed to the subway railway station.



Korea is one of the highly ranked as the expensive country to live. To rent a house, you need to rent it for 2 years minimum with USD200,000 deposit to be paid. This deposit will be used by the landlord for investment. This is typical for a 2 bedrooms apartment.After the 2 years tenant period, the deposit can be claimed back minus some other expenses & damages. The electricity, water and other bills are expected to cost around USD500.00 per month. Another option for the same house is that we pay the deposit of only USD 100,000, plus with USD1000 monthly rental. So the cost of accommodation + bills per month would be USD1500.00 per month. So all in all, if a family to come over here to pursue their studies would require at least USD 3000 per month of expenses (not including the rental deposit). Can you imagine that?

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