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Trend News
Larger homes have increased more in price
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㎡).
Seoul Attractions
Hanyangdoseong: Walk Through Seoul's Timeless Fortifications and Scenic Trails!
Hanyangdoseong, also known as the Seoul City Wall, is an ancient defensive wall that surrounds the central districts of Seoul, South Korea. Built during the Joseon Dynasty, it is a significant historical and cultural landmark that offers a glimpse into the city's past and provides scenic walking paths along its route. Historical Significance1. Construction and Purpose : - Era : The wall was constructed in 1396, during the early years of the Joseon Dynasty, under the reign of King Taejo. - Purpose : It was built to protect the capital, Hanyang (modern-day Seoul), from invasions and to mark the boundaries of the city. The wall also served to regulate traffic in and out of the city through its gates.2. Structure and Design: - Length and Materials : The original wall stretched about 18.6 kilometers and was made of stone, wood, and earth. It was designed to follow the ridges of the four inner mountains of Seoul: Baegaksan, Naksan, Namsan, and Inwangsan. - Gates : The wall featured eight main gates, each with its own strategic and symbolic significance. Some of the prominent gates include Sungnyemun (Namdaemun), Heunginjimun (Dongdaemun), Sukjeongmun, and Donuimun. Cultural and Recreational Value1. Restoration and Preservation : - Efforts : Over the centuries, parts of the wall were destroyed or fell into disrepair. Restoration efforts have been ongoing, particularly in recent decades, to preserve and restore the wall to its former glory. - Cultural Heritage : Hanyangdoseong is designated as a Historic Site by the South Korean government, reflecting its importance in Korean history and culture.2. Walking Trails : - Scenic Routes : The Seoul City Wall offers several walking trails that provide scenic views of the city and its natural surroundings. These trails are popular among both locals and tourists for hiking and leisurely walks. - Sections : The wall is divided into several sections, each offering unique historical and cultural insights. Key sections include the Naksan Mountain Trail, the Namsan Mountain Trail, the Baegaksan Mountain Trail, and the Inwangsan Mountain Trail. Key Attractions1. Sungnyemun (Namdaemun) : - Description : One of the most iconic gates, Sungnyemun, also known as Namdaemun, is designated as National Treasure No. 1. It stands as a symbol of Seoul's historical heritage and resilience. - Location : Situated in the heart of Seoul, near Seoul Station and Namdaemun Market.2. Heunginjimun (Dongdaemun) : - Description : Another prominent gate, Heunginjimun, also known as Dongdaemun, is famous for its impressive structure and its location near the bustling Dongdaemun shopping district. - Features : It features a beautiful semicircular outer wall known as Ongseong, which was designed for additional defense. Accessibility1. Location : Hanyangdoseong encircles the central districts of Seoul, making it accessible from various parts of the city.2. Public Transport : The wall and its gates are easily accessible by public transportation, including the Seoul subway system. Key subway stations near different sections of the wall include Seoul Station, Dongdaemun Station, and City Hall Station. Tips for Visiting1. Best Time to Visit : The wall is beautiful year-round, but the best times to visit are during spring and autumn when the weather is pleasant and the surrounding nature is at its most vibrant.2. Wear Comfortable Shoes : Given the hilly terrain and the extensive walking involved, comfortable footwear is recommended.3. Guided Tours : Consider joining a guided tour to learn more about the historical and cultural significance of the wall and its gates.Hanyangdoseong offers a unique blend of history, culture, and natural beauty, making it a must-visit destination for anyone looking to explore the historical roots and scenic landscapes of Seoul.
Tasty Seoul
Discover the Delightful Flavors of Sulbing
If you’re looking for a sweet escape that blends tradition with a modern twist, Sulbing is the place to be. As one of Korea’s most beloved dessert cafés, Sulbing has redefined the classic Korean dessert, bingsu, turning it into an irresistible treat enjoyed by people of all ages.Sulbing specializes in bingsu, a Korean shaved ice dessert that’s topped with a variety of delicious ingredients. What makes Sulbing stand out is its innovative take on this traditional dish. From the classic Injeolmi Bingsu, featuring soft rice cakes and roasted soybean powder, to the tropical Mango Bingsu, bursting with juicy mango pieces and creamy ice, Sulbing offers something for everyone.But the magic of Sulbing doesn’t stop at bingsu. The café also offers a range of other desserts and drinks that perfectly complement your bingsu experience. Whether you’re in the mood for a rich piece of tiramisu, a fluffy Korean pancake (hotteok), or a refreshing smoothie, Sulbing has you covered.The atmosphere at Sulbing is just as enjoyable as the desserts. With its cozy, welcoming interiors and soft lighting, it’s the perfect spot to relax, chat with friends, or even enjoy some quiet time alone. Many Sulbing locations also feature large windows that offer beautiful views, making your dessert experience even more special.Whether you’re a local or a visitor, stopping by Sulbing is a must. It’s more than just a dessert café – it’s a place where you can indulge in the sweet fusion of tradition and innovation. So next time you’re craving something sweet, treat yourself to the delightful flavors of Sulbing. You won’t be disappointed!