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㎡).                                                   

Sinsa-dong Garosu-gil, often simply referred to as Garosu-gil, is a trendy and upscale street located in the Sinsa-dong neighborhood near Gangnam in Seoul, South Korea. Renowned for its charming tree-lined avenue, Garosu-gil blends the artistic spirit of Seoul with modern luxury, making it a popular destination for both locals and tourists. Here’s an introduction to Garosu-gil:Chic and Trendy Vibe1. Fashion and Boutiques : Garosu-gil is famous for its fashion-forward atmosphere, with a mix of high-end boutiques, designer stores, and unique local shops. The street offers a wide variety of clothing, accessories, and lifestyle products, appealing to fashion enthusiasts and trendsetters.2. Cafés and Restaurants : The area is dotted with stylish cafés, patisseries, and restaurants. Visitors can enjoy everything from gourmet coffee and artisanal pastries to international cuisine and traditional Korean dishes. The outdoor seating in many establishments allows visitors to soak in the street’s vibrant ambiance.Art and Culture1. Art Galleries and Studios : Garosu-gil is home to several art galleries and design studios, reflecting its artistic roots. These venues often host exhibitions and events, showcasing contemporary art and design.2. Street Art and Decor : The street itself is an art piece, with beautifully decorated storefronts and creative street art. The tree-lined avenue, especially beautiful in autumn when the leaves turn golden, adds to the artistic and picturesque environment. Shopping and Lifestyle1. Unique Shopping Experience : Garosu-gil offers a unique shopping experience with a blend of international brands and local designers. Shoppers can find everything from high-end fashion to quirky, one-of-a-kind items in the small, independent shops that line the street.2. Beauty and Wellness : The area also features numerous beauty salons, spas, and wellness centers, catering to those looking to pamper themselves. These establishments offer a range of services, from skincare treatments to hair styling, contributing to the luxurious lifestyle vibe of the area. Nightlife and Entertainment1. Bars and Lounges : As evening falls, Garosu-gil transforms into a lively nightlife spot with chic bars and lounges. The area is known for its sophisticated yet laid-back atmosphere, making it a perfect place for a night out.2. Events and Festivals : Throughout the year, Garosu-gil hosts various events and festivals, including fashion shows, art festivals, and seasonal celebrations. These events attract a diverse crowd and add to the vibrant cultural scene of the area.AccessibilityGarosu-gil is conveniently located near Gangnam and is easily accessible by public transportation. The closest subway station is Sinsa Station (Seoul Subway Line 3), which is just a short walk from the main street. The area is also well-served by buses and taxis, making it easy to reach from different parts of Seoul.Tips for Visiting- Best Time to Visit : Garosu-gil is bustling throughout the day, but evenings and weekends are particularly vibrant. Autumn is a favorite time to visit, thanks to the beautiful foliage.- Explore Side Streets : Don’t just stick to the main avenue; the side streets of Garosu-gil also offer hidden gems, including boutique shops, cozy cafés, and unique galleries.- Dress Stylishly : Given the fashionable nature of the area, dressing stylishly can enhance your experience and help you blend in with the trendy crowd.Garosu-gil in Sinsa-dong offers a perfect blend of fashion, art, and dining, making it a must-visit destination for those looking to experience the chic and contemporary side of Seoul.

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!