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㎡).                                                   

 Nestled between the bustling streets of Hongdae and the serene Han River, Mangwon-dong has quietly emerged as one of Seoul's most charming and eclectic neighborhoods. Known for its vibrant market, trendy cafes, and welcoming atmosphere, Mangwon-dong offers a delightful blend of tradition and modernity that captivates both locals and visitors.  The Heart of Mangwon: Mangwon Market At the center of Mangwon-dong lies Mangwon Market, a bustling traditional market that serves as the neighborhood's beating heart. The market is a sensory delight, with vendors selling fresh produce, seafood, and a wide array of Korean street food. From savory tteokbokki (spicy rice cakes) to sweet hotteok (filled pancakes), the market offers a culinary adventure for anyone eager to taste authentic Korean flavors. Mangwon Market is also known for its friendly atmosphere. Vendors are always ready with a smile and a recommendation, making it an ideal spot for those who want to experience the warmth of Korean hospitality. The market's vibrant energy and community spirit make it a must-visit destination for anyone exploring Mangwon-dong.  A Haven for Foodies and Coffee Lovers Beyond the market, Mangwon-dong is a paradise for food enthusiasts. The neighborhood is dotted with an array of restaurants and cafes, each offering something unique. From cozy brunch spots to innovative dessert cafes, Mangwon-dong has something to satisfy every craving. The area's coffee culture is particularly noteworthy, with numerous cafes serving expertly brewed coffee in stylish settings. Many of these cafes are independently owned, reflecting the neighborhood's creative and entrepreneurial spirit. Whether you're looking for a quiet corner to read or a lively spot to catch up with friends, Mangwon-dong's cafes offer the perfect ambiance.  A Blend of Tradition and Modernity Mangwon-dong beautifully balances the old and the new. Traditional hanok-style houses stand alongside modern apartments, and local artisans coexist with trendy boutiques. This harmonious blend of tradition and modernity gives Mangwon-dong its unique character and makes it a fascinating place to explore. The neighborhood is also home to various cultural and artistic spaces, where local artists showcase their work. These spaces often host workshops and exhibitions, providing visitors with opportunities to engage with Seoul's vibrant arts scene.  A Green Oasis by the Han River For those seeking a bit of nature, Mangwon-dong's proximity to the Han River is a significant draw. The nearby Mangwon Hangang Park offers a peaceful escape from the city's hustle and bustle. Visitors can enjoy a leisurely stroll or a bike ride along the river, taking in the beautiful views and refreshing breeze. The park is a popular spot for picnics, especially during the cherry blossom season when the riverside is adorned with stunning pink blooms.  Conclusion Mangwon-dong may not be as widely known as some of Seoul's other neighborhoods, but its unique blend of tradition, creativity, and community makes it a hidden gem worth exploring. With its vibrant market, eclectic food scene, and welcoming atmosphere, Mangwon-dong invites you to experience a side of Seoul that's both authentic and refreshingly different. Whether you're a foodie, a culture enthusiast, or simply in search of a new adventure, Mangwon-dong promises to leave a lasting impression.

 In the bustling heart of Seoul, where history meets modernity, lies Gwanghwamun, an area rich with cultural landmarks and gourmet delights. Among these culinary treasures is "Gwanghwamun Gukbap," located near Exit 6 of Gwanghwamun Station at 53 Sejong-daero 21-gil, Jung-gu, Seoul. This restaurant is not only beloved by locals for its warm ambiance and rich flavors but has also been recognized in the 2022 Michelin Guide Seoul. Operated by the renowned Chef Park Chan-il, who appeared on the popular Korean culinary show "Wednesday Food Talk" (수요미식회), Gwanghwamun Gukbap offers a true taste of Korean tradition.  A Warm Bowl of Happiness Upon entering Gwanghwamun Gukbap, you’re greeted with a cozy and inviting atmosphere. The simple yet homely interior makes you feel as if you've stepped into an old friend's home. The menu features a variety of gukbap (rice soup) options, including beef, pork, and sundae (Korean sausage) gukbap. Each dish is filled with carefully brewed broth and hearty ingredients, reflecting Chef Park Chan-il’s dedication to authentic flavors and quality.  Recommended Dish: Beef Gukbap One of the standout dishes is the beef gukbap. The tender beef and rich broth offer a true taste of traditional Korean cuisine. The freshness of the meat and the depth of flavor in the soup make it a comforting meal that leaves you feeling warm and satisfied. Chef Park’s expertise ensures that each bowl is a perfect blend of ingredients, delivering a memorable culinary experience.  Special Lunch Set Gwanghwamun Gukbap is also known for its special lunch set, available only during lunchtime. The set includes a selection of side dishes prepared daily with fresh ingredients. The kimchi and radish kimchi, in particular, complement the flavors of the gukbap perfectly. This affordable and hearty meal option is especially popular among office workers.  Michelin Recognition and Culinary Expertise Being featured in the 2022 Michelin Guide Seoul is a testament to the restaurant's quality and culinary excellence. Chef Park Chan-il’s passion for Korean cuisine shines through in every dish, drawing both locals and tourists alike. His appearance on "Wednesday Food Talk" further highlights his reputation as a culinary expert and innovator.  Convenient Location and Friendly Service Located near Exit 6 of Gwanghwamun Station, Gwanghwamun Gukbap is easily accessible for both residents and visitors exploring the area. The staff greets customers with warm smiles and pays close attention to their needs, making even first-time visitors feel at ease and welcome.  Conclusion Gwanghwamun Gukbap offers a unique escape from Seoul’s bustling daily life, providing warmth and comfort through its delicious food. If you're looking to experience authentic Korean flavors, this Michelin-recognized restaurant is a must-visit destination. The combination of tasty food, a relaxed atmosphere, and attentive service will leave you with an unforgettable experience.