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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
Noryangjin Fisheries Wholesale Market: Dive into Seoul’s Freshest Seafood Haven!
Noryangjin Fisheries Wholesale Market, located in the Noryangjin-dong neighborhood of Dongjak-gu in Seoul, South Korea, is one of the largest and most famous seafood markets in the country. Known for its wide variety of fresh seafood and lively atmosphere, the market is a popular destination for both locals and tourists looking to experience authentic Korean seafood culture. Historical and Cultural Significance1. History : Established in 1927, Noryangjin Market is one of Seoul's oldest and most established fisheries markets. It was originally located near Seoul Station but moved to its current location in 1971. The market has undergone several renovations, with a modern building opened in 2016 to enhance facilities and accommodate more vendors and visitors.2. Cultural Impact : The market is a key part of Seoul’s culinary scene, providing a vital link between seafood suppliers and consumers. It is known for its bustling environment, where buyers and sellers engage in lively bargaining, and for the unique experience it offers to visitors who can select fresh seafood and have it prepared on the spot. Attractions and Features1. Wide Variety of Seafood : Noryangjin Market offers an extensive array of seafood, including fish, shellfish, crustaceans, and more. Popular items include king crab, lobster, octopus, shrimp, and various types of fish like flounder, mackerel, and tuna.2. Auction Hall : One of the highlights of the market is the early morning fish auctions, where large quantities of seafood are sold to wholesalers and retailers. These auctions are a fascinating spectacle and provide insight into the workings of a major fisheries market. Dining and Experience1. On-Site Restaurants : One of the unique features of Noryangjin Market is the ability for visitors to purchase fresh seafood and have it prepared and cooked on-site at one of the many restaurants located within the market. This allows for an incredibly fresh dining experience, with options to enjoy raw, grilled, steamed, or stir-fried seafood.2. Sashimi and Live Seafood : The market is particularly renowned for its sashimi (hoe in Korean) offerings. Visitors can select live fish or seafood, which are then expertly filleted and served as sashimi. This is a popular choice for those wanting to enjoy the freshest possible seafood. Accessibility1. Location and Transport : Noryangjin Market is conveniently located near Noryangjin Station, which is accessible via Seoul Subway Line 1 and Line 9. The market is just a short walk from the station, making it easy to reach from various parts of Seoul. Tips for Visiting1. Best Time to Visit : The market is open 24 hours, but the best time to visit is early in the morning to witness the bustling fish auctions and enjoy the freshest seafood. Evening visits are also popular for dining. 2. Bargaining : Bargaining is common at Noryangjin Market. Don’t hesitate to negotiate prices with vendors, especially when purchasing larger quantities of seafood.3. Hygiene and Safety : While the market is generally clean, it’s a good idea to wear comfortable shoes and be cautious of wet floors. Visitors should also handle seafood with care and follow any guidance provided by vendors and restaurant staff regarding the preparation and consumption of raw seafood.Noryangjin Fisheries Wholesale Market offers a unique and immersive experience that combines the hustle and bustle of a traditional fish market with the culinary delights of fresh seafood. Whether you're a seafood lover or a curious traveler, a visit to Noryangjin Market is a must for an authentic taste of Seoul’s maritime culture.
Tasty Seoul
Discover the Delightful Flavors of Sulbing
If you’re looking for a sweet escape that blends tradition with a modern twist, Sulbing is the place to be. As one of Korea’s most beloved dessert cafés, Sulbing has redefined the classic Korean dessert, bingsu, turning it into an irresistible treat enjoyed by people of all ages.Sulbing specializes in bingsu, a Korean shaved ice dessert that’s topped with a variety of delicious ingredients. What makes Sulbing stand out is its innovative take on this traditional dish. From the classic Injeolmi Bingsu, featuring soft rice cakes and roasted soybean powder, to the tropical Mango Bingsu, bursting with juicy mango pieces and creamy ice, Sulbing offers something for everyone.But the magic of Sulbing doesn’t stop at bingsu. The café also offers a range of other desserts and drinks that perfectly complement your bingsu experience. Whether you’re in the mood for a rich piece of tiramisu, a fluffy Korean pancake (hotteok), or a refreshing smoothie, Sulbing has you covered.The atmosphere at Sulbing is just as enjoyable as the desserts. With its cozy, welcoming interiors and soft lighting, it’s the perfect spot to relax, chat with friends, or even enjoy some quiet time alone. Many Sulbing locations also feature large windows that offer beautiful views, making your dessert experience even more special.Whether you’re a local or a visitor, stopping by Sulbing is a must. It’s more than just a dessert café – it’s a place where you can indulge in the sweet fusion of tradition and innovation. So next time you’re craving something sweet, treat yourself to the delightful flavors of Sulbing. You won’t be disappointed!