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㎡).                                                   

Insa-dong is a vibrant neighborhood in Seoul, South Korea, renowned for its rich cultural heritage, traditional arts, and crafts. It offers a unique blend of old and new, making it a must-visit destination for anyone interested in Korean culture and history. Here’s an introduction to Insa-dong:Cultural and Historical Significance1. Traditional Korean Culture : Insa-dong is a hub for traditional Korean culture and art. The area is home to numerous antique shops, art galleries, and traditional tea houses that preserve and showcase Korea’s rich cultural heritage.2. Historical Landmarks : The neighborhood has several historic sites, including temples and traditional Korean houses (hanoks), which offer a glimpse into Korea’s past. Art and Crafts1. Antique Shops : Insa-dong is famous for its antique shops that sell a variety of items, including ceramics, paintings, calligraphy, furniture, and other traditional Korean artifacts. These shops are perfect for those looking to purchase unique souvenirs or gifts.2. Art Galleries : The area is dotted with art galleries showcasing both traditional and contemporary Korean art. Visitors can explore exhibitions featuring everything from ancient pottery to modern paintings and sculptures. Food and Drink1. Traditional Tea Houses : Insa-dong is known for its traditional tea houses, where visitors can enjoy a variety of Korean teas and traditional snacks in a serene and authentic setting. These tea houses often feature beautiful hanok architecture and interiors.2. Restaurants and Street Food : The neighborhood offers a wide range of dining options, from traditional Korean restaurants to street food stalls. Popular dishes include bibimbap, jeon (Korean pancakes), and tteok (rice cakes). Street vendors sell snacks like hotteok (sweet pancakes) and bungeoppang (fish-shaped pastries filled with sweet red bean paste).Attractions1. Ssamziegil : A popular shopping complex in Insa-dong, Ssamziegil is designed to resemble a traditional Korean market. It features a spiral walkway that connects various shops selling handmade crafts, souvenirs, and artwork. The rooftop garden offers a great view of the neighborhood.2. Jogyesa Temple: Located nearby, Jogyesa Temple is an important Buddhist temple in Seoul. It’s a peaceful place where visitors can experience traditional Buddhist culture and architecture.Entertainment and Experiences1. Traditional Performances: Insa-dong often hosts traditional performances, including Korean music, dance, and theater. Visitors can enjoy cultural shows and experience the vibrant arts scene.2. Calligraphy and Craft Workshops: Various shops and cultural centers in Insa-dong offer workshops where visitors can learn traditional Korean crafts, such as calligraphy, pottery, and hanji (Korean paper) making.Shopping1. Souvenir Shops : Insa-dong is the perfect place to buy souvenirs, including hanbok (traditional Korean clothing), handmade crafts, and traditional Korean paper products.2. Bookstores : The area has several bookstores specializing in antique books, manuscripts, and traditional Korean literature. AccessibilityInsa-dong is easily accessible by public transportation. The nearest subway station is Anguk Station (Seoul Subway Line 3), and Jonggak Station (Seoul Subway Line 1) is also within walking distance. The area is well-connected by buses and taxis. Tips for Visiting- Best Time to Visit : Insa-dong is lively throughout the day, but weekends are particularly vibrant with more street vendors and cultural performances.- Cash : While many shops accept credit cards, it’s a good idea to carry some cash for street vendors and smaller shops.- Explore Side Streets : Don’t limit your visit to the main street; explore the side alleys to discover hidden tea houses, galleries, and shops.Insa-dong offers a unique cultural experience, blending traditional Korean charm with modern attractions. It’s an ideal destination for those looking to immerse themselves in the rich heritage and artistic spirit of Korea.

 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.