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㎡).                                                   

Olympic Park, located in Songpa-gu, Seoul, South Korea, is a sprawling park that was created to host the 1988 Summer Olympics. It is one of the largest parks in Seoul, combining sports facilities, cultural sites, and natural landscapes. Here’s an introduction to Olympic Park: Historical and Cultural Significance1. 1988 Summer Olympics : Olympic Park was constructed to host the 1988 Summer Olympics, which was a significant event in South Korea’s history. The park includes various sports facilities that were used during the games, such as the Olympic Gymnastics Arena and the Olympic Stadium.2. Cultural Landmarks : The park is home to several cultural and historical landmarks, including the Mongchontoseong Fortress, an ancient earthen fortification from the Baekje Kingdom. The park also features the World Peace Gate, a large arch that symbolizes peace and harmony. Attractions and Features1. Sculpture Park : One of the key attractions of Olympic Park is its extensive collection of outdoor sculptures. The Sculpture Park features over 200 works of art by artists from around the world, making it an open-air museum of contemporary art.2. Ecological Areas : Olympic Park is known for its beautiful natural landscapes, including large green spaces, ponds, and gardens. It is a popular spot for picnics, leisurely walks, and outdoor activities. The Wildflower Garden and Rose Garden are particularly popular during the blooming seasons.3. Sports Facilities : The park includes various sports facilities that are still in use today. These facilities host numerous sporting events and activities, such as tennis, swimming, and basketball. The Olympic Gymnastics Arena, in particular, is a prominent venue for concerts and events. Recreational Activities1. Cycling and Walking Paths : The park features well-maintained cycling and walking paths that allow visitors to explore the vast area. Bicycles can be rented on-site, and there are several designated paths that take visitors through the scenic parts of the park.2. Fitness and Exercise Areas : Olympic Park includes several outdoor fitness areas equipped with exercise machines and facilities. These areas are popular among locals for morning workouts and recreational activities. Events and Festivals1. Seasonal Festivals : Olympic Park hosts various seasonal festivals and events throughout the year, including the Cherry Blossom Festival in spring and the Seoul Jazz Festival. These events attract large crowds and offer a vibrant atmosphere with performances, food stalls, and cultural activities.2. Concerts and Performances : The park's venues, especially the Olympic Gymnastics Arena, are frequently used for concerts, performances, and large-scale events. Many international and Korean artists perform here, making it a significant cultural venue in Seoul. AccessibilityOlympic Park is easily accessible by public transportation. The nearest subway station is Olympic Park Station (Line 5), which provides direct access to the park. It is also well-served by buses and has ample parking facilities for those traveling by car. Tips for Visiting- Best Time to Visit : The park is beautiful year-round, but visiting during the spring for cherry blossoms or autumn for fall foliage offers particularly stunning views.- Comfortable Footwear : Given the park's large size, wearing comfortable walking shoes is recommended to fully explore the area.- Event Schedules : Check the park’s event schedule in advance to catch any festivals or performances during your visit.Olympic Park offers a unique combination of sports, culture, and nature, making it a must-visit destination for anyone looking to experience the diverse offerings of Seoul. Whether you’re interested in historical landmarks, outdoor activities, or cultural events, Olympic Park 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.