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㎡).                                                   

Bukchon Hanok Village, located in the heart of Seoul, South Korea, is a historic neighborhood that showcases traditional Korean architecture and culture. Here’s an introduction to Bukchon Hanok Village: Historical and Cultural Significance1. Traditional Korean Houses (Hanoks) : Bukchon Hanok Village is renowned for its well-preserved hanoks, traditional Korean houses that date back to the Joseon Dynasty (1392–1897). These houses feature beautiful wooden frames, tiled roofs, and stone floors, providing a glimpse into Korea’s architectural heritage.2. Cultural Heritage : The village has been a residential area for over 600 years, historically housing high-ranking government officials and aristocrats. Today, it remains a vibrant cultural area where visitors can experience traditional Korean culture and history. Attractions and Activities1. Cultural Experiences : Visitors to Bukchon Hanok Village can participate in various cultural activities, such as traditional tea ceremonies, calligraphy classes, and hanbok (traditional Korean clothing) rentals. These experiences offer a hands-on way to engage with Korean culture.2. Museums and Cultural Centers : The village is home to several museums and cultural centers, including the Bukchon Traditional Culture Center, where visitors can learn about Korean crafts and customs. The Seoul Museum of History and the National Museum of Modern and Contemporary Art are also nearby. Scenic Views and Photography1. Panoramic Views : Bukchon Hanok Village is situated on a hill, offering stunning views of Seoul’s skyline, including landmarks such as Gyeongbokgung Palace and the surrounding mountains. The picturesque streets and alleys are perfect for photography, especially during sunrise and sunset.2. Walking Tours : The best way to explore the village is on foot. Self-guided walking tours are popular, allowing visitors to stroll through the narrow alleyways and discover hidden gems. Several scenic viewpoints, known as “Bukchon 8 Views,” are marked throughout the village, providing excellent photo opportunities. Local Artisans and Shops1. Handicrafts and Souvenirs : The village is dotted with small shops and boutiques selling traditional Korean handicrafts, souvenirs, and artworks. Visitors can purchase items like pottery, handmade jewelry, and traditional paper goods, supporting local artisans.2. Galleries and Studios : Many hanoks have been converted into art galleries and studios, where visitors can view and purchase contemporary Korean art. These spaces often host exhibitions and workshops, adding to the village’s vibrant cultural scene. Accessibility and Visitor Information1. Location and Transportation : Bukchon Hanok Village is centrally located between Gyeongbokgung Palace and Changdeokgung Palace, making it easily accessible by public transportation. The nearest subway stations are Anguk Station (Seoul Subway Line 3) and Jongno 3-ga Station (Seoul Subway Line 1, 3, and 5).2. Visitor Tips : To fully appreciate the village, it’s recommended to visit during weekdays when it’s less crowded. Wearing comfortable shoes is advisable, as the terrain can be hilly and uneven. Respect for the residents is essential, so visitors should keep noise levels down and avoid entering private properties.Bukchon Hanok Village offers a unique blend of history, culture, and picturesque beauty, making it a must-visit destination for anyone interested in exploring the traditional side of Seoul. Whether you’re interested in architecture, cultural activities, or simply taking in the views, Bukchon provides a rich and immersive experience.

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.