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㎡).                                                   

COEX (Convention and Exhibition Center), located in the Gangnam district of Seoul, South Korea, is a prominent multi-purpose complex known for its extensive facilities, including a convention center, shopping mall, aquarium, and various entertainment options. Here’s an introduction to COEX:Convention and Exhibition Center1. Event Hosting : COEX is one of Asia’s largest convention and exhibition centers, hosting numerous international conferences, trade shows, and exhibitions throughout the year. Its state-of-the-art facilities make it a premier destination for business events and conventions.2. Facilities : The center features multiple exhibition halls, conference rooms, and auditoriums equipped with modern amenities to accommodate a wide range of events. COEX Mall1. Shopping : COEX Mall is one of the largest underground shopping malls in Asia, offering a vast array of retail stores, from high-end brands to popular local shops. It is a shopper's paradise, catering to various tastes and preferences.2. Dining : The mall boasts an extensive selection of dining options, including international cuisine, traditional Korean food, and trendy cafés. Visitors can enjoy everything from fine dining to casual snacks. Entertainment and Attractions1. COEX Aquarium : One of the largest aquariums in South Korea, COEX Aquarium features over 40,000 sea creatures from around the world. It offers various themed exhibits and interactive experiences, making it a popular attraction for families and tourists.2. Megabox COEX : A large multiplex cinema within the complex, Megabox COEX screens the latest films and offers premium viewing experiences, including IMAX and 4D theaters. Cultural Highlights1. Starfield Library : Located in the heart of COEX Mall, the Starfield Library is a massive public library with towering bookshelves and a tranquil atmosphere. It serves as a cultural and educational hub, offering a wide selection of books and reading spaces.2. Bongeunsa Temple : Just a short walk from COEX, Bongeunsa Temple is a serene Buddhist temple that provides a peaceful retreat from the bustling city. It offers cultural experiences and insights into Korean spirituality and traditions. AccessibilityCOEX is conveniently located in the Gangnam district and is easily accessible by public transportation. The complex is connected to Samseong Station (Seoul Subway Line 2) and Bongeunsa Station (Seoul Subway Line 9), making it easy to reach from various parts of Seoul. It is also well-served by buses and taxis. Tips for Visiting- Plan Ahead : Given the size and variety of attractions at COEX, it’s advisable to plan your visit in advance to make the most of your time. Check event schedules and book tickets for popular attractions if necessary.- Explore Beyond Shopping : While the shopping mall is a major draw, make sure to explore other attractions like the aquarium, library, and nearby Bongeunsa Temple for a well-rounded experience.- Dining Options : With so many dining choices, it’s worth exploring different restaurants and cafés. Whether you’re looking for a quick bite or a leisurely meal, COEX has something to offer.COEX is a dynamic destination that combines business, shopping, culture, and entertainment, making it a must-visit spot in Seoul for both locals and tourists. Whether you're attending a conference, shopping, or exploring its many attractions, COEX offers a diverse and engaging experience.

 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.