The rise in Seoul apartment prices has slowed due to the government’s tightened loan regulations. While transaction volumes have decreased and unsold listings are accumulating, large-sized apartments in Seoul are still setting record-high prices. Experts predict that demand from wealthy individuals, driven by the relative scarcity of large apartments, will further increase their popularity.According to the Monthly KB Housing Price Trends report by KB Real Estate on the 24th, the average sale price of large apartments in Seoul with a dedicated area exceeding 135㎡ was reported at 3.04661 billion KRW last month. This represents a 6% (172.13 million KRW) increase from October last year (2.87448 billion KRW). For the first time since KB began compiling this data in 2016, the average price has exceeded 3 billion KRW. The upward trend has continued for 16 consecutive months since June last year.This trend is also evident in the monthly apartment sale price index by area. Last month, the sale price index for large apartments in Seoul was 105.49, the highest since the statistics began in 2016. Compared to October of last year (100.84), it increased by 4.62%. In comparison, the price increases for other apartment categories during the same period were more moderate: 2.1% for medium-large apartments (102㎡ to 135㎡), 3% for medium apartments (85㎡ to 102㎡), 2.52% for small-medium apartments (60㎡ to 85㎡), and 1.4% for small apartments (under 60㎡).                                                   

Itaewon is a vibrant and multicultural neighborhood in Seoul, South Korea, known for its diverse population, eclectic dining options, and lively nightlife. It has become a popular destination for both locals and tourists seeking a cosmopolitan experience. Here’s an introduction to Itaewon: Cultural and Multicultural Significance1. Diverse Community : Itaewon is famous for its multicultural atmosphere, with a significant number of expatriates from around the world. This diversity is reflected in the neighborhood's international restaurants, shops, and cultural events.2. Historical Background : Historically, Itaewon gained prominence due to its proximity to the Yongsan Garrison, a major U.S. military base. This presence has contributed to its diverse demographic and international vibe. Dining and Nightlife1. International Cuisine : Itaewon is renowned for its wide range of international dining options. Visitors can find authentic cuisines from around the world, including American, Italian, Indian, Middle Eastern, and more. Popular areas for dining include Itaewon’s main street and the adjacent alleys, which are lined with restaurants, cafés, and bars.2. Vibrant Nightlife : The neighborhood is also known for its lively nightlife, with numerous bars, clubs, and lounges. Itaewon offers something for everyone, from upscale cocktail bars to laid-back pubs and energetic nightclubs. The nightlife scene attracts a diverse crowd and is especially popular among young people and expatriates. Shopping and Entertainment1. Boutiques and Markets : Itaewon is a shopping haven, with a mix of high-end boutiques, vintage stores, and street markets. The area is known for its unique and trendy fashion items, as well as shops selling antiques, handmade crafts, and souvenirs.2. Art and Culture : The neighborhood has several art galleries, cultural centers, and live performance venues. Itaewon is also home to the Leeum, Samsung Museum of Art, which showcases traditional and contemporary Korean art.  Attractions and Landmarks1. Namsan Seoul Tower : Located nearby, Namsan Seoul Tower is a popular tourist attraction offering panoramic views of Seoul. Visitors can easily reach the tower from Itaewon, either by hiking through Namsan Park or taking a cable car.2. Itaewon Mosque : The Seoul Central Mosque, the first mosque in Korea, is located in Itaewon. It serves as a cultural and religious center for the Muslim community and is open to visitors interested in learning more about Islam. AccessibilityItaewon is conveniently located and easily accessible by public transportation. Itaewon Station (Seoul Subway Line 6) is centrally located, providing easy access to the neighborhood. The area is also well-served by buses and taxis, making it easy to reach from different parts of Seoul. Tips for Visiting- Explore on Foot : Itaewon’s charm lies in its narrow streets and alleys, which are best explored on foot. Walking allows visitors to discover hidden gems and enjoy the vibrant street life.- Respect the Diversity : Itaewon is known for its diverse community, so respecting different cultures and customs is important. Visitors should be mindful of cultural sensitivities and enjoy the multicultural atmosphere responsibly.- Nightlife Caution : While Itaewon’s nightlife is exciting, it’s advisable to stay aware of your surroundings and travel in groups, especially late at night.Itaewon offers a unique blend of international culture, cuisine, and entertainment, making it a must-visit destination for anyone looking to experience the cosmopolitan side of Seoul. Whether you’re dining at a global restaurant, shopping for unique fashion, or enjoying the nightlife, Itaewon promises an unforgettable experience.

Bibimbap is one of the most well-known and beloved dishes in Korean cuisine. The name "bibimbap" literally means "mixed rice" in Korean, which perfectly describes the essence of the dish. Here’s a detailed look at what makes bibimbap so special:Ingredients1. Rice: The base of bibimbap is steamed white rice.2. Vegetables: A variety of seasoned vegetables, known as namul, are typically used. Common vegetables include julienned cucumber, zucchini, carrot, mushrooms, spinach, and bean sprouts.3. Protein: Bibimbap often includes a protein component such as sliced beef (bulgogi), a fried egg, or sometimes tofu for a vegetarian version.4. Gochujang: This is a spicy and sweet red chili paste that is a key ingredient, giving bibimbap its distinctive flavor.5. Sesame Oil: A small amount of sesame oil is usually drizzled on top for added flavor.6. Garnishes: Other garnishes may include sesame seeds and nori (seaweed strips).Preparation1. Rice: Cook the rice until it's fluffy.2. Vegetables: Each vegetable is usually cooked and seasoned separately. They can be sautéed or blanched and then seasoned with salt, sesame oil, and sometimes garlic.3. Protein: The beef is typically marinated and then grilled or pan-fried. If using an egg, it is often fried sunny-side up.4. Assembly: The rice is placed in a bowl, and the vegetables and protein are artfully arranged on top. A dollop of gochujang is added, and everything is mixed together just before eating.Varieties- Dolsot Bibimbap: This version is served in a hot stone bowl that makes the rice at the bottom crispy.- Jeonju Bibimbap: Named after the city of Jeonju, which is famous for its version of bibimbap, it often includes more elaborate ingredients and a specific way of seasoning.Cultural SignificanceBibimbap is not only a nutritious and balanced meal but also holds cultural significance. It is often served during festive occasions and can be customized to include a wide variety of ingredients, reflecting the diversity and adaptability of Korean cuisine. How to EatTo eat bibimbap, you mix all the ingredients thoroughly so that the flavors blend together. The combination of textures and flavors from the vegetables, protein, gochujang, and sesame oil makes for a harmonious and delicious meal.Overall, bibimbap is celebrated for its healthiness, versatility, and the balance of flavors and textures, making it a staple in Korean dining both at home and in restaurants.