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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
Gwanghwamun: The Gateway to Korea's Rich Heritage and Modern Splendor!
Gwanghwamun, also spelled Gwang-hwa-moon, is a historic and cultural district in central Seoul, South Korea. It is renowned for its historical landmarks, cultural institutions, and vibrant atmosphere, making it a key destination for visitors interested in the rich heritage of Korea. Here’s an introduction to Gwanghwamun:Historical and Cultural Significance1. Gwanghwamun Gate : The iconic Gwanghwamun Gate is the main and largest gate of Gyeongbokgung Palace. Originally constructed in 1395, it has been rebuilt and restored several times. The gate is a symbol of Seoul and a starting point for exploring the palace.2. Gyeongbokgung Palace : Built in 1395, Gyeongbokgung Palace is the largest of the Five Grand Palaces built during the Joseon Dynasty. It served as the main royal palace and is a significant historical and architectural landmark, offering a glimpse into Korea’s royal history.Attractions1. Gwanghwamun Square : A large public square located in front of Gwanghwamun Gate, the square is a popular gathering spot for locals and tourists. It features statues of historical figures such as King Sejong the Great and Admiral Yi Sun-sin, as well as fountains and exhibitions.2. The National Museum of Korean Contemporary History : Located near Gwanghwamun Square, this museum offers exhibits on Korea’s modern history, covering the period from the late 19th century to the present.3. Sejong Center for the Performing Arts : One of Korea’s largest cultural complexes, the Sejong Center hosts various performances, including concerts, operas, ballets, and theater productions. It is a hub for cultural activities and events. Food and Dining1. Traditional Restaurants : The Gwanghwamun area is home to numerous restaurants offering traditional Korean cuisine. Visitors can enjoy dishes such as bulgogi, bibimbap, and hanjeongsik (Korean full-course meal).2. Cafés and Modern Eateries : In addition to traditional dining, there are many modern cafés and restaurants serving a wide range of international cuisine and fusion dishes, catering to diverse tastes. Shopping1. Insadong : Just a short walk from Gwanghwamun, Insadong is a cultural street known for its traditional shops, art galleries, and antique stores. It’s an excellent place to buy souvenirs and experience traditional Korean culture.2. Bukchon Hanok Village : Nearby Bukchon Hanok Village is another historic area with beautifully preserved hanoks (traditional Korean houses). It offers a unique shopping experience with shops selling traditional crafts, art, and clothing.Entertainment and Experiences1. Changing of the Guard Ceremony : A popular event at Gyeongbokgung Palace, the Changing of the Guard Ceremony is a reenactment of the traditional royal guard-changing ritual. It takes place several times a day and provides a colorful and historical spectacle.2. Cultural Festivals : Gwanghwamun hosts various cultural festivals and events throughout the year, celebrating Korean heritage, arts, and traditions.AccessibilityGwanghwamun is easily accessible by public transportation. Gwanghwamun Station (Seoul Subway Line 5) is located right next to Gwanghwamun Square, and Gyeongbokgung Station (Seoul Subway Line 3) is also nearby. The area is well-served by buses and taxis, making it convenient for visitors to reach.Tips for Visiting- Best Time to Visit : The area is bustling throughout the day, but visiting in the morning allows for a quieter exploration of the historical sites. Evenings are also enjoyable with the illuminated statues and structures.- Comfortable Shoes : There’s a lot to see and explore on foot, so wearing comfortable walking shoes is recommended.- Check Schedules : If planning to watch the Changing of the Guard Ceremony or visit specific attractions, check the schedules in advance to ensure you don’t miss out.Gwanghwamun offers a rich blend of history, culture, and modern attractions, making it a must-visit destination for anyone looking to experience the essence of Seoul and Korea’s storied past.
Tasty Seoul
Discover Magokdong’s Hidden Gem: Song Restaurant (목동 송식당 먹고기)
Despite its name, 목동 송식당 먹고기 is actually located near Magokdong, offering a truly unique Korean pork dining experience. This restaurant is a go-to spot for those looking to enjoy a variety of pork cuts paired with traditional Korean sauces and dishes. Whether you're new to Korean cuisine or a seasoned foodie, 송식당 먹고기 promises a memorable meal filled with rich flavors. The Specialty: Pork with Korean Sauces 송식당 먹고기 is known for its exceptional use of different pork cuts, each grilled right at your table. But what makes this place truly stand out is how you enjoy the pork—with an array of traditional Korean sauces that add an explosion of flavor to every bite: 1. Myeongran-jeot (명란젓): A salty and slightly spicy fermented pollock roe that complements the grilled pork, offering a bold and savory taste. 2. Galchi-jeot (갈치젓): Made from salted hairtail fish, this fermented sauce enhances the pork’s flavor with a rich and salty depth. 3. Meljeot (멜젓): A favorite from Jeju Island, this anchovy-based sauce adds a deep, umami-packed flavor to the meat. Dipping your pork in meljeot is a true taste of Korean culinary tradition. Must-Try Dishes In addition to their pork cuts and unique sauces, 송식당 먹고기 offers some standout dishes that should be on every visitor’s list: 1. Kimchi Jjigae with Pork (김치찌개): 송식당 먹고기’s kimchi jjigae is a hearty, comforting stew that features a generous portion of pork. The stew is flavorful and spicy, making it the perfect side dish to your grilled meat. 2. Grilled Pork Skin (돼지껍데기): A lesser-known but delicious Korean dish, the grilled pork skin here is crispy on the outside and chewy inside. It pairs wonderfully with the restaurant's dipping sauces and is a must-try for adventurous eaters. What Makes 송식당 먹고기 Special? 송식당 먹고기 focuses on variety and flavor, with their use of fermented sauces like myeongran-jeot, galchi-jeot, and meljeot being a unique twist that sets them apart from other BBQ spots in Seoul. The restaurant prides itself on offering dishes that reflect authentic Korean flavors while allowing diners to explore beyond the usual Korean BBQ fare. For Foreign Visitors - No Language Barrier: Although 송식당 먹고기 doesn't have an English menu, the staff is helpful and welcoming. The grilling process is easy to enjoy even if you’re unfamiliar with Korean BBQ, and the staff can assist with any questions. - Interactive Dining: At 송식당 먹고기, grilling your own pork at the table is part of the fun. The sauces add an extra layer of flavor, and with side dishes like pork-packed kimchi jjigae, you'll experience a full and satisfying meal. Location and How to Get There Even though its name includes "Mokdong," 송식당 먹고기 is actually located closer to Magokdong, making it easily accessible from Seoul's growing tech and business district. - Nearest Subway: Yangcheon Hyanggyo Station (Line 9), Exit 8 203 meters away- Address: 135-ho, 1F, 23 Magokdong-ro 10-gil, Ganseo-gu, Seoul- Hours: 16:00 PM – 12:00 PM (Closed on Sundays) - Price Range: ₩12,000 – ₩18,000 per person Why You Should Visit 송식당 먹고기 offers a fresh take on Korean pork dishes, making it a fantastic spot for those looking to try something new and authentic. With their creative use of sauces and traditional dishes like kimchi jjigae and grilled pork skin, you’ll find every bite packed with rich, satisfying flavors. Whether you’re in the area for business or just exploring, 송식당 먹고기 is the perfect place to dive deeper into Korean cuisine. Enjoy your meal (맛있게 드세요)!