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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
Anyang Art Park and the Sulbing Café
Introduction to Anyang Art Park and the Sulbing CaféAnyang Art Park is a beautiful destination located in Anyang, Gyeonggi Province, South Korea. Originally known as Anyang Amusement Park, it was transformed into the Anyang Art Park as part of the Anyang Public Art Project (APAP) initiated in 2005. This unique space harmoniously blends nature with contemporary art, making it a popular spot for locals and tourists alike. Visitors can enjoy a variety of outdoor activities, such as hiking, picnicking, and strolling, while also experiencing modern art installations scattered throughout the park.The park features numerous works by renowned domestic and international artists, allowing visitors to experience art in the midst of nature. As you explore the park, you’ll come across hidden sculptures, installation art, and unique architectural pieces that seamlessly integrate with the natural surroundings. The park is particularly stunning during autumn when the foliage turns vibrant shades of red and orange, attracting even more visitors.Within Anyang Art Park, you’ll find a branch of the popular Korean dessert café, Sulbing. Sulbing Anyang Art Park is the perfect place to take a break after exploring the park. Sulbing is famous for its modern take on the traditional Korean dessert, bingsu, which is a shaved ice dish topped with various sweet ingredients. Popular flavors include Injeolmi Bingsu (made with rice cakes and soybean powder), Green Tea Bingsu, and Mango Bingsu, among others.At this café, you can relax and refresh yourself with a cold, sweet bingsu while enjoying the café’s cozy atmosphere. One of the highlights of visiting Sulbing Anyang Art Park is savoring delicious desserts while gazing out at the beautiful park views through the windows. The café offers not just a place to enjoy tasty treats, but also a serene environment where you can unwind amidst the art and nature of Anyang Art Park.
Tasty Seoul
Gwanghwamun Gukbap: A Michelin-Recognized Culinary Gem in the Heart of Seoul
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.