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Facilities/Leasing

Leasing Rates

Leasing Rates

1. Meeting Rooms

1) Rental Rate

(Unit: KRW, VAT not included)

Location Name of Facility Usable
Floor Area (㎡)
Rental Rates
A.
Morning
(09-12)
B.
Afternoon
(13-17)
C.
Evening
(18-21)
D.
Full Day
(09-17)
E.
Half Day
(13-21)
F.
All Day
(09-21)
Overtime Fee
(per hour)
F3 Convention Hall
(300)
3,421 8,553,000 10,263,000 7,698,000 17,106,000 18,816,000 25,656,000 2,565,000
300A, 300B, 300C 1,140 2,851,000 3,421,000 2,566,000 5,702,000 6,272,000 8,552,000 855,000
F2 201, 202, 203, 204 141 354,000 424,000 318,000 707,000 778,000 1,060,000 106,000
201+202, 203+204 282 707,000 848,000 636,000 1,414,000 1,555,000 2,120,000 212,000
202+203+204 423 1,062,000 1,272,000 954,000 2,121,000 2,334,000 3,180,000 318,000
201+202+203+204 564 1,414,000 1,696,000 1,272,000 2,828,000 3,110,000 4,240,000 424,000
205, 206 131 332,000 398,000 299,000 664,000 730,000 996,000 100,000
205+206 262 664,000 796,000 598,000 1,328,000 1,460,000 1,992,000 200,000
S207, S208 80 202,000 243,000 182,000 405,000 445,000 607,000 61,000
F1 101, 102, 103, 104 125 332,000 398,000 299,000 664,000 730,000 996,000 100,000
101+102, 103+104 250 664,000 796,000 598,000 1,328,000 1,460,000 1,992,000 200,000
102+103+104 375 996,000 1,194,000 897,000 1,992,000 2,190,000 2,988,000 300,000
101+102+103+104 500 1,328,000 1,592,000 1,196,000 2,656,000 2,920,000 3,984,000 400,000
105, 106 115 298,000 357,000 268,000 595,000 655,000 893,000 89,000
105+106 230 596,000 714,000 536,000 1,190,000 1,310,000 1,786,000 178,000
F3
Convention Hall (300)

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 3,421
Rental Rates A. Morning (09-12) 8,553,000
B. Afternoon (13-17) 10,263,000
C. Evening (18-21) 7,698,000
D. Full Day (09-17) 17,106,000
E. Half Day (13-21) 18,816,000
F. All Day (09-21) 25,656,000
Overtime Fee (per hour) 2,565,000
300A, 300B, 300C

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 1,140
Rental Rates A. Morning (09-12) 2,851,000
B. Afternoon (13-17) 3,421,000
C. Evening (18-21) 2,566,000
D. Full Day (09-17) 5,702,000
E. Half Day (13-21) 6,272,000
F. All Day (09-21) 8,552,000
Overtime Fee (per hour) 855,000
F2
201, 202, 203, 204

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 141
Rental Rates A. Morning (09-12) 354,000
B. Afternoon (13-17) 424,000
C. Evening (18-21) 318,000
D. Full Day (09-17) 707,000
E. Half Day (13-21) 778,000
F. All Day (09-21) 1,060,000
Overtime Fee (per hour) 106,000
201+202, 203+204

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 282
Rental Rates A. Morning (09-12) 707,000
B. Afternoon (13-17) 848,000
C. Evening (18-21) 636,000
D. Full Day (09-17) 1,414,000
E. Half Day (13-21) 1,555,000
F. All Day (09-21) 2,120,000
Overtime Fee (per hour) 212,000
202+203+204

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 423
Rental Rates A. Morning (09-12) 1,062,000
B. Afternoon (13-17) 1,272,000
C. Evening (18-21) 954,000
D. Full Day (09-17) 2,121,000
E. Half Day (13-21) 2,334,000
F. All Day (09-21) 3,180,000
Overtime Fee (per hour) 318,000
201+202+203+204

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 564
Rental Rates A. Morning (09-12) 1,414,000
B. Afternoon (13-17) 1,696,000
C. Evening (18-21) 1,272,000
D. Full Day (09-17) 2,828,000
E. Half Day (13-21) 3,110,000
F. All Day (09-21) 4,240,000
Overtime Fee (per hour) 424,000
205, 206

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 131
Rental Rates A. Morning (09-12) 332,000
B. Afternoon (13-17) 398,000
C. Evening (18-21) 299,000
D. Full Day (09-17) 664,000
E. Half Day (13-21) 730,000
F. All Day (09-21) 996,000
Overtime Fee (per hour) 100,000
205+206

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 262
Rental Rates A. Morning (09-12) 664,000
B. Afternoon (13-17) 796,000
C. Evening (18-21) 598,000
D. Full Day (09-17) 1,328,000
E. Half Day (13-21) 1,460,000
F. All Day (09-21) 1,992,000
Overtime Fee (per hour) 200,000
S207, S208

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 80
Rental Rates A. Morning (09-12) 202,000
B. Afternoon (13-17) 243,000
C. Evening (18-21) 182,000
D. Full Day (09-17) 405,000
E. Half Day (13-21) 445,000
F. All Day (09-21) 607,000
Overtime Fee (per hour) 61,000
F1
101, 102, 103, 104

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 125
Rental Rates A. Morning (09-12) 332,000
B. Afternoon (13-17) 398,000
C. Evening (18-21) 299,000
D. Full Day (09-17) 664,000
E. Half Day (13-21) 730,000
F. All Day (09-21) 996,000
Overtime Fee (per hour) 100,000
101+102, 103+104

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 250
Rental Rates A. Morning (09-12) 664,000
B. Afternoon (13-17) 796,000
C. Evening (18-21) 598,000
D. Full Day (09-17) 1,328,000
E. Half Day (13-21) 1,460,000
F. All Day (09-21) 1,992,000
Overtime Fee (per hour) 200,000
102+103+104

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 375
Rental Rates A. Morning (09-12) 996,000
B. Afternoon (13-17) 1,194,000
C. Evening (18-21) 897,000
D. Full Day (09-17) 1,992,000
E. Half Day (13-21) 2,190,000
F. All Day (09-21) 2,988,000
Overtime Fee (per hour) 300,000
101+102+103+104

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 500
Rental Rates A. Morning (09-12) 1,328,000
B. Afternoon (13-17) 1,592,000
C. Evening (18-21) 1,196,000
D. Full Day (09-17) 2,656,000
E. Half Day (13-21) 2,920,000
F. All Day (09-21) 3,984,000
Overtime Fee (per hour) 400,000
105, 106

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 115
Rental Rates A. Morning (09-12) 298,000
B. Afternoon (13-17) 357,000
C. Evening (18-21) 268,000
D. Full Day (09-17) 595,000
E. Half Day (13-21) 655,000
F. All Day (09-21) 893,000
Overtime Fee (per hour) 89,000
105+106

(Unit: KRW, VAT not included)

Usable Floor Area (㎡) 230
Rental Rates A. Morning (09-12) 596,000
B. Afternoon (13-17) 714,000
C. Evening (18-21) 536,000
D. Full Day (09-17) 1,190,000
E. Half Day (13-21) 1,310,000
F. All Day (09-21) 1,786,000
Overtime Fee (per hour) 178,000
Footnotes
  1. Maximum hours of availability per day: 09:00~21:00
  2. Minimum hours of availability: Minimum rental hours are 09:00~12:00 for the morning, 12:00~17:00 for the afternoon, and18:00~21:00 for the evening sessions. When determining total rental hours, it is advised that Lessee factor in time for arranging the event space, table setting, rehearsal, etc. during the preparation stage as well as the time needed for returning the venue to its original state during the evacuation period.
  3. Overtime fee per hour: An overtime fee will be charged for every hour of use beyond normal operating hours for each session of the day (examples: A. morning B. afternoon C. evening D. full day).
  4. Amenities included in the rental rate for meeting rooms
    • One-time seating arrangement service (in the style of theater, classroom, banquet, etc.).
      * After the initial service has been rendered, the meeting room’s seating arrangement can be changed by the organizers themselves or by HICO for an additional service fee.
    • 1 lectern
    • 2 wire microphones, 2 wireless microphones
    • air conditioning (summer season), heating (winter season), electricity usage fee.
  5. Use of lobby
    1. Lessees renting conference rooms may have free use of approved space for registration desk or information desk.
    2. It is not possible to rent only the lobby without renting conference rooms.
    3. HICO will determine the availability of the lobby based on the duration and size of the Lease.
  6. Waste disposal: The Lessee is responsible for removing industrial waste (stage, props, and various other structures installed by the Lessee for the purposes of the event) at the Lessee’s own cost and expense.
  7. 2. Exhibition Hall

    1) Rental Rate

    (Unit: KRW, VAT not included)

    Type Rental Rate Notes
    During Event During Preparation and Evacuation Period
    Regular Rates Indoors F3 Convention Hall (3,421㎡) 1,400 KRW/㎡ 700 KRW/㎡ 1 day: 08:00~20:00
    F1 Exhibition Hall (2,273㎡)
    Outdoors Outdoor Exhibition Space 1,000 KRW/㎡ 500 KRW/㎡
    Discount Rates Off-season Discount January, February, July, August, December 1,120 KRW/㎡ 560 KRW/㎡ 20% discounton regular rates
    Long-term event Long-term event lasting over
    15 consecutive days
    980 KRW/㎡ 490 KRW/㎡ 30% discount on regular rates
    Overtime Rates Overtime charge will be 10% of the daily rent for every additional hour of use after normal hours of operation (08:00~20:00).
    The daily overtime fee will not exceed the daily rent.
    Management Fee Deposit 30% of the rent (supply price) See footnotes 3~4.
    Regular Rates
    Indoors F3 - Convention Hall (3,421㎡)

    (Unit: KRW, VAT not included)

    Rental
    Rate
    During Event 1,400 KRW/㎡
    During Preparation
    and
    Evacuation Period
    700 KRW/㎡
    Notes 1 day: 08:00~20:00
    Indoors F1 - Exhibition Hall (2,273㎡)

    (Unit: KRW, VAT not included)

    Rental
    Rate
    During Event 1,400 KRW/㎡
    During Preparation
    and
    Evacuation Period
    700 KRW/㎡
    Notes 1 day: 08:00~20:00
    Indoors F1 - Exhibition Hall (2,273㎡)

    (Unit: KRW, VAT not included)

    Rental
    Rate
    During Event 1,400 KRW/㎡
    During Preparation
    and
    Evacuation Period
    700 KRW/㎡
    Notes 1 day: 08:00~20:00
    Discount Rates
    Off-season Discount -
    January, February, July, August, December

    (Unit: KRW, VAT not included)

    Rental
    Rate
    During Event 1,120 KRW/㎡
    During Preparation
    and
    Evacuation Period
    560 KRW/㎡
    Notes 20% discounton
    regular rates
    Long-term event - Long-term event
    lasting over 15 consecutive days

    (Unit: KRW, VAT not included)

    Rental
    Rate
    During Event 980 KRW/㎡
    During Preparation
    and
    Evacuation Period
    490 KRW/㎡
    Notes 30% discounton
    regular rates
    Discount Rates
    Off-season Discount -
    January, February, July, August, December

    (Unit: KRW, VAT not included)

    Rental
    Rate
    During Event 1,120 KRW/㎡
    During Preparation
    and
    Evacuation Period
    560 KRW/㎡
    Notes 20% discounton
    regular rates
    Overtime Rates

    (Unit: KRW, VAT not included)

    Notes Overtime charge will be 10% of the daily rent for every additional hour of use after normal hours of operation (08:00~20:00). The daily overtime fee will not exceed the daily rent.
    Management Fee Deposit

    (Unit: KRW, VAT not included)

    Type 30% of the rent (supply price)
    Notes See footnotes 3~4.
    Footnotes
    1. Calculation methods for Exhibition Hall rent: basic leasing rate × leased area ×days of lease (VAT not included).
      Example) Lease of 1st floor Exhibition Hall (2,273㎡) for 2 days in April
      - Rent: 1,400 KRW/㎡ × 2,273㎡ × 2 days (duration) = KRW 6,364,400 (VAT not included)
      - Management fee deposit: KRW 1,909,320 (30% of rent at KRW 6,364,400)
    2. The management fee for the Exhibition Hall covers the electricity usage fee, water and sewage, use of compressed air, heating and air-conditioning.The actual usage for the duration of the lease will be measured and calculated after the lease period is over. If the final management fee is lower than the management fee deposit, the difference will be returned to the Lessee. If the final management fee is higher than the management fee deposit, the Lessee must pay the difference to HICO. See below ‘Management Fee for Exhibition Hall’ for reference.
    3. The management fee deposit is based on regular rental rates regardless of whether it is the regular or off-season.
      Example) Lease of 1st floor Exhibition Hall (2,273㎡) for 2 days in May
      Rent: 1,400 KRW/㎡ × 2,273㎡ × 2 days = KRW 6,364,400 (VAT not included)
      Management fee deposit:KRW 1,909,320 (30% of rent at KRW 6,364,400)

      Example) Lease of 1st floor Exhibition Hall (2,273㎡) for 2 days in July (Off-season)
      Rent: 1,120 KRW/㎡ × 2,273㎡ × 2 days = KRW 5,091,520 (VAT not included)
      Management fee deposit: KRW 1,909,320 (30% of rent at KRW 6,364,400)
    4. The management fee deposit rates may be set above 30% depending on the nature and size of the event.
      Example) Industry exhibition: 30% Concerts and performances: over 40%.
    5. Overtime fees are based on the basic fees at either regular or discount rates.
      Example) Event in May: regular rate 1,400 KRW/㎡, overtime rate 140 KRW/㎡,
      Event in July: off season rate 1,120KRW/㎡, overtime rate 112 KRW/㎡
    6. The minimum unit of rental space for indoor exhibitions (which includes the Convention Hall when used for exhibitions) is 1 room. For the purposes of measurement, the 1st floor Exhibition Hall is divided by half and each half (1,136㎡) is counted as 1 room while the 3rd floor Convention Hall (300) is divided by three and each third (300A, 300B, 300C) is counted as 1 room.
    7. 2) Management Fee for Exhibition Hall
      (1) Electricity, Water and Sewage, Compressed Air

      (Unit: KRW, VAT not included)

      Type Unit Unit Cost (KRW)  Notes
      Electricity Usage Fee March, April, May,
      September, October
      kWh (kilowatt-hour) 200
      January, February,
      June, July, August,
      November, December
      220
      Water and Sewage Usage Fee - KRW/㎥ 3,000
      Compressed Air Usage Fee Usage fee for basic equipment Basic compressed air equipment must be rented separately
      from HICO-approved company.
      Fee for 1 day use of compressed air Fee for 1 day use of 1 booth (3mx3m) 20,000 1 day: 10:00~17:00
      Electricity Usage Fee

      (Unit: KRW, VAT not included)

      Type Unit Unit Cost (KRW)
      March, April, May, September, October kWh
      (kilowatt-hour)
      200
      January, February, June, July, August, November, December 220
      Water and Sewage Usage Fee

      (Unit: KRW, VAT not included)

      Type Unit Unit Cost (KRW)
      - KRW/㎥ 3,000
      Compressed Air Usage Fee

      (Unit: KRW, VAT not included)

      Type Unit Unit Cost (KRW) Notes
      Usage fee for
      basic equipment
      Basic compressed
      air equipment must be
      rented separately
      from HICO-approved
      company.
      Fee for 1 day
      use of
      compressed air
      Fee for 1 day
      use of 1 booth (3mx3m)
      20,000 1 day:
      10:00~
      17:00
      (2) Heating/Air Conditioning

      (Unit: KRW, VAT not included)

      Monthly Heating Costs Air Conditioning Costs Notes
      Unit Cost (KRW/㎡/day) Overtime (KRW/㎡/h) Unit Price (KRW/㎡/day) Overtime (KRW/㎡/h)
      January 130 20 1 day: 10:00~17:00
      A day includes 7 hours of use
      (10:00~17:00) and
      there will be an overtime fee
      past the fixed time.
      February 130 20
      March 110 17
      April 100 16 145 23
      May 145 23
      June 145 23
      July 170 27
      August 190 30
      September 145 23
      October 100 16 145 23
      November 100 16
      December 110 17
      January

      (Unit: KRW, VAT not included)

      Heating
      Costs
      Unit Cost
      (KRW/㎡/day)
      130
      Overtime
      (KRW/㎡/h)
      20
      Notes 1 day: 10:00~17:00
      A day includes
      7 hours of use
      (10:00~17:00) and
      there will be
      an overtime fee
      past the fixed time.
      February

      (Unit: KRW, VAT not included)

      Heating
      Costs
      Unit Cost
      (KRW/㎡/day)
      130
      Overtime
      (KRW/㎡/h)
      20
      Notes 1 day: 10:00~17:00
      A day includes
      7 hours of use
      (10:00~17:00) and
      there will be
      an overtime fee
      past the fixed time.
      March

      (Unit: KRW, VAT not included)

      Heating
      Costs
      Unit Cost
      (KRW/㎡/day)
      110
      Overtime
      (KRW/㎡/h)
      17
      Notes 1 day: 10:00~17:00
      A day includes
      7 hours of use
      (10:00~17:00) and
      there will be
      an overtime fee
      past the fixed time.
      April

      (Unit: KRW, VAT not included)

      Heating
      Costs
      Unit Cost
      (KRW/㎡/day)
      100
      Overtime
      (KRW/㎡/h)
      16
      Air
      Conditioning
      Costs
      Unit Cost
      (KRW/㎡/day)
      145
      Overtime
      (KRW/㎡/h)
      23
      Notes 1 day: 10:00~17:00
      A day includes
      7 hours of use
      (10:00~17:00) and
      there will be
      an overtime fee
      past the fixed time.
      May, June

      (Unit: KRW, VAT not included)

      Air
      Conditioning
      Costs
      Unit Cost
      (KRW/㎡/day)
      145
      Overtime
      (KRW/㎡/h)
      23
      Notes 1 day: 10:00~17:00
      A day includes
      7 hours of use
      (10:00~17:00) and
      there will be
      an overtime fee
      past the fixed time.
      July

      (Unit: KRW, VAT not included)

      Air
      Conditioning
      Costs
      Unit Cost
      (KRW/㎡/day)
      170
      Overtime
      (KRW/㎡/h)
      27
      Notes 1 day: 10:00~17:00
      A day includes
      7 hours of use
      (10:00~17:00) and
      there will be
      an overtime fee
      past the fixed time.
      August

      (Unit: KRW, VAT not included)

      Air
      Conditioning
      Costs
      Unit Cost
      (KRW/㎡/day)
      190
      Overtime
      (KRW/㎡/h)
      30
      Notes 1 day: 10:00~17:00
      A day includes
      7 hours of use
      (10:00~17:00) and
      there will be
      an overtime fee
      past the fixed time.
      September

      (Unit: KRW, VAT not included)

      Air
      Conditioning
      Costs
      Unit Cost
      (KRW/㎡/day)
      145
      Overtime
      (KRW/㎡/h)
      23
      Notes 1 day: 10:00~17:00
      A day includes
      7 hours of use
      (10:00~17:00) and
      there will be
      an overtime fee
      past the fixed time.
      October

      (Unit: KRW, VAT not included)

      Heating
      Costs
      Unit Cost
      (KRW/㎡/day)
      100
      Overtime
      (KRW/㎡/h)
      16
      Air
      Conditioning
      Costs
      Unit Cost
      (KRW/㎡/day)
      145
      Overtime
      (KRW/㎡/h)
      23
      Notes 1 day: 10:00~17:00
      A day includes
      7 hours of use
      (10:00~17:00) and
      there will be
      an overtime fee
      past the fixed time.
      November

      (Unit: KRW, VAT not included)

      Heating
      Costs
      Unit Cost
      (KRW/㎡/day)
      100
      Overtime
      (KRW/㎡/h)
      16
      Notes 1 day: 10:00~17:00
      A day includes
      7 hours of use
      (10:00~17:00) and
      there will be
      an overtime fee
      past the fixed time.
      December

      (Unit: KRW, VAT not included)

      Heating
      Costs
      Unit Cost
      (KRW/㎡/day)
      110
      Overtime
      (KRW/㎡/h)
      17
      Notes 1 day: 10:00~17:00
      A day includes
      7 hours of use
      (10:00~17:00) and
      there will be
      an overtime fee
      past the fixed time.

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