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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
Discovering Mangwon-dong: Seoul's Hidden Gem
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.
Tasty Seoul
Bibimbap - Tasty Mixed Rice
Bibimbap is one of the most well-known and beloved dishes in Korean cuisine. The name "bibimbap" literally means "mixed rice" in Korean, which perfectly describes the essence of the dish. Here’s a detailed look at what makes bibimbap so special:Ingredients1. Rice: The base of bibimbap is steamed white rice.2. Vegetables: A variety of seasoned vegetables, known as namul, are typically used. Common vegetables include julienned cucumber, zucchini, carrot, mushrooms, spinach, and bean sprouts.3. Protein: Bibimbap often includes a protein component such as sliced beef (bulgogi), a fried egg, or sometimes tofu for a vegetarian version.4. Gochujang: This is a spicy and sweet red chili paste that is a key ingredient, giving bibimbap its distinctive flavor.5. Sesame Oil: A small amount of sesame oil is usually drizzled on top for added flavor.6. Garnishes: Other garnishes may include sesame seeds and nori (seaweed strips).Preparation1. Rice: Cook the rice until it's fluffy.2. Vegetables: Each vegetable is usually cooked and seasoned separately. They can be sautéed or blanched and then seasoned with salt, sesame oil, and sometimes garlic.3. Protein: The beef is typically marinated and then grilled or pan-fried. If using an egg, it is often fried sunny-side up.4. Assembly: The rice is placed in a bowl, and the vegetables and protein are artfully arranged on top. A dollop of gochujang is added, and everything is mixed together just before eating.Varieties- Dolsot Bibimbap: This version is served in a hot stone bowl that makes the rice at the bottom crispy.- Jeonju Bibimbap: Named after the city of Jeonju, which is famous for its version of bibimbap, it often includes more elaborate ingredients and a specific way of seasoning.Cultural SignificanceBibimbap is not only a nutritious and balanced meal but also holds cultural significance. It is often served during festive occasions and can be customized to include a wide variety of ingredients, reflecting the diversity and adaptability of Korean cuisine. How to EatTo eat bibimbap, you mix all the ingredients thoroughly so that the flavors blend together. The combination of textures and flavors from the vegetables, protein, gochujang, and sesame oil makes for a harmonious and delicious meal.Overall, bibimbap is celebrated for its healthiness, versatility, and the balance of flavors and textures, making it a staple in Korean dining both at home and in restaurants.