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㎡).                                                   

Yeouido, often referred to as Yeo-i-do, is a significant financial and political hub located on an island in the Han River in Seoul, South Korea. Known for its modern skyline, vast parks, and pivotal role in South Korea’s economy and governance, Yeouido is a vibrant area that combines business, leisure, and nature. Here’s an introduction to Yeouido:Financial and Political Center1. Finance and Business : Yeouido is often dubbed the “Wall Street of Korea” due to its concentration of financial institutions, including the Korea Exchange (KRX), major banks, and investment companies. The area is a central business district that plays a crucial role in the country’s economy.2. Political Significance : The National Assembly Building, home to South Korea’s legislative body, is located in Yeouido. This makes the area an important center for political activities and government affairs. Parks and Recreation1. Yeouido Hangang Park : One of the most popular parks in Seoul, Yeouido Hangang Park offers a wide range of recreational activities. The park is famous for its scenic views of the Han River, extensive cycling paths, and facilities for water sports. It is a favorite spot for picnics, especially during the cherry blossom season in spring and the fireworks festival in autumn.2. Yeouido Park : Located in the heart of Yeouido, this large urban park features walking trails, ponds, and a variety of flora. It is a peaceful green space that contrasts with the bustling business district around it. Events and Festivals1. Yeouido Cherry Blossom Festival : Each spring, Yeouido’s streets and parks are adorned with cherry blossoms, attracting thousands of visitors. The festival includes cultural performances, street food vendors, and various activities, making it one of the most celebrated events in Seoul.2. Seoul International Fireworks Festival : Held annually in Yeouido Hangang Park, this event features spectacular fireworks displays by teams from various countries. It is a major attraction that draws large crowds to the area.Modern Landmarks1. 63 Building : One of the tallest buildings in Seoul, the 63 Building (officially 63 Square) is an iconic skyscraper on Yeouido. It features an observation deck with panoramic views, an aquarium, and various entertainment and dining options.2. IFC Mall : The International Finance Center (IFC) Mall is a major shopping and entertainment complex in Yeouido. It offers a wide range of retail stores, restaurants, and a cinema, catering to both locals and tourists. AccessibilityYeouido is well-connected by public transportation. Yeouido Station (Seoul Subway Line 5 and Line 9) and Yeouinaru Station (Seoul Subway Line 5) provide easy access to the area. The neighborhood is also served by numerous bus routes and is conveniently located for travel by car. Tips for Visiting- Best Time to Visit : Spring and autumn are ideal times to visit Yeouido, especially during the cherry blossom season and the fireworks festival.- Explore on Foot or by Bike : Yeouido’s parks and riverfront are best explored on foot or by renting a bike. The area is pedestrian-friendly with extensive paths and trails.- Check Event Schedules : If planning to attend festivals or events, check schedules in advance as these can attract large crowds and impact transportation and accommodation availability.Yeouido offers a unique blend of business, politics, and leisure, making it a dynamic and essential part of Seoul’s urban landscape. Whether you're visiting for business, a stroll in the park, or to experience one of its renowned festivals, Yeouido has something for everyone.

 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.