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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
Yeouido: Seoul's Dynamic Blend of Business, Politics, and Riverside Leisure!
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.
Tasty Seoul
Gondre Rice: A Hidden Gem of Korean Cuisine
When we think of Korean food, dishes like kimchi, bulgogi, and bibimbap often come to mind. However, beyond the well-known favorites, there are many traditional dishes that are lesser-known but just as delicious. One of these hidden gems is Gondre Rice (곤드레밥), a simple yet flavorful meal deeply rooted in Korean culinary history. What is Gondre Rice? Gondre Rice, or "Gondrebap," is a traditional Korean dish made with gondre (also known as *Cirsium setidens*), a wild leafy vegetable that grows in the highlands of Korea, particularly in the Gangwon Province. The vegetable has a distinctive earthy aroma and a slightly bitter taste, which becomes mellow when cooked. Gondre is often compared to spinach or other leafy greens but with a unique flavor of its own. This dish is created by cooking rice together with the gondre leaves, allowing the flavor of the vegetable to infuse the rice. It’s usually served with a side of soy sauce mixed with sesame oil, adding an extra layer of savory richness to the meal. Why is Gondre Rice Special? 1. Nutritional Value: Gondre is not only delicious but also highly nutritious. It’s rich in fiber, vitamins, and minerals, particularly iron and calcium. It has long been valued for its health benefits, including aiding digestion and improving liver function. 2. A Taste of Simplicity: The beauty of Gondre Rice lies in its simplicity. The clean, fresh taste of the gondre combined with plain rice creates a satisfying and healthy meal that doesn’t need any complicated seasonings or ingredients. 3. A Traditional Dish from Gangwon Province: Gondre Rice is most popular in the Gangwon Province, where the wild gondre plant grows naturally in the mountains. While it’s becoming more available throughout Korea, it’s still considered a regional specialty, and many visitors to the province seek out this dish as part of their culinary experience. 4. A Connection to Nature: Because gondre is a foraged wild vegetable, Gondre Rice is a dish that connects people to the natural environment of Korea. It reminds us of Korea’s long history of using wild plants in its cuisine, creating dishes that are both healthy and sustainable. How to Enjoy Gondre Rice Gondre Rice is traditionally served with a simple soy sauce dip, but it can also be paired with a variety of side dishes (banchan), such as kimchi, seasoned vegetables, and fermented soybean paste (doenjang). It’s a versatile dish that can be enjoyed as a humble meal on its own or as part of a larger spread of Korean food. In many restaurants, especially in the Gangwon region, Gondre Rice is served in a traditional stone pot, which keeps the rice warm and creates a crispy layer of rice at the bottom, known as nurungji—a favorite for many diners. Where to Try Gondre Rice Though it originates from Gangwon Province, Gondre Rice is becoming more popular in other parts of Korea. You can find it in specialty restaurants that focus on traditional Korean dishes or even in some Korean BBQ restaurants as a healthier alternative to white rice. If you're visiting Gangwon Province, be sure to try Gondre Rice at a local eatery, where you'll get the freshest gondre and the most authentic experience. Some restaurants even offer meals that feature multiple dishes made with gondre, showcasing the versatility of this unique vegetable. Conclusion While it may not be as famous as some other Korean dishes, Gondre Rice offers a delicious and nutritious taste of Korea’s culinary heritage. It’s a simple yet hearty dish that highlights the natural flavors of the wild gondre vegetable, making it a must-try for anyone looking to explore more traditional Korean foods. Next time you’re in Korea, or if you find a Korean restaurant that serves Gondre Rice, don’t miss the chance to try this hidden gem. It’s a perfect example of how Korean cuisine finds beauty in simplicity and its deep connection to nature.Gondre Rice is a wonderful introduction to the lesser-known side of Korean cuisine, offering both health benefits and a deliciously earthy flavor.