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㎡).                                                   

Cheonggyecheon Stream is a modern public recreation space located in the heart of Seoul, South Korea. This urban stream is a symbol of the city's successful urban renewal and environmental restoration efforts. Here’s an introduction to Cheonggyecheon Stream: Historical and Cultural Significance1. Historical Background : Originally a natural stream, Cheonggyecheon was covered over by concrete in the 1950s as part of Seoul's rapid post-war development. In the early 2000s, the city embarked on an ambitious project to uncover and restore the stream, which was completed in 2005. The restoration transformed Cheonggyecheon into a 10.9-kilometer-long modern urban park that runs through downtown Seoul.2. Cultural Impact : The restoration of Cheonggyecheon has been praised for its positive impact on the urban environment and quality of life in Seoul. It has also become a symbol of the city's commitment to sustainability and green urban development. Attractions and Features1. Scenic Walkways : The stream is lined with walkways and bridges, making it a popular spot for leisurely strolls and cycling. The pathways are beautifully landscaped with plants, flowers, and trees, providing a natural oasis in the middle of the bustling city.2. Art Installations and Light Displays : Throughout the year, various art installations and light displays are featured along the stream, enhancing its aesthetic appeal and creating a dynamic public space. These installations often change with the seasons and special events, adding to the stream's charm.3. Historic Sites : Along the stream, visitors can find various historical markers and artifacts that tell the story of Seoul’s history and the stream’s transformation. The area also includes several cultural and historical sites, such as the Dongdaemun Design Plaza and the Seoul City Wall. Recreational Activities1. Festivals and Events : Cheonggyecheon hosts numerous festivals and events throughout the year, including the Seoul Lantern Festival, which illuminates the stream with beautiful lantern displays every autumn. These events attract both locals and tourists, creating a lively atmosphere.2. Rest Areas and Cafés : There are several rest areas and cafés along the stream where visitors can relax and enjoy the view. These spots offer a peaceful retreat from the urban hustle and bustle, making them perfect for a quiet break or a casual meetup with friends. Environmental and Social Benefits1. Urban Cooling and Air Quality : The stream helps to cool the surrounding urban area and improve air quality, contributing to a more comfortable and healthier environment for residents and visitors alike.2. Community Space : Cheonggyecheon serves as a vital community space where people can gather, socialize, and engage in recreational activities. It has also become a popular tourist attraction, boosting local businesses and the economy. AccessibilityCheonggyecheon is easily accessible by public transportation. Several subway stations, including Gwanghwamun Station (Line 5) and Jongno 3-ga Station (Lines 1, 3, and 5), provide convenient access to different parts of the stream. The stream's central location makes it a key point of interest for visitors exploring Seoul. Tips for Visiting- Best Time to Visit : Cheonggyecheon is beautiful throughout the year, but visiting during the spring and autumn offers the most pleasant weather and scenic views. The Seoul Lantern Festival in autumn is a particularly spectacular time to visit.- Comfortable Footwear : The stream is best explored on foot, so wearing comfortable walking shoes is recommended.- Respect the Environment : To help maintain the stream's cleanliness and natural beauty, visitors are encouraged to dispose of waste properly and respect the natural surroundings.Cheonggyecheon Stream exemplifies successful urban renewal and environmental restoration, offering a peaceful and scenic retreat amidst the bustling cityscape of Seoul. It is a must-visit destination for anyone looking to experience the harmonious blend of nature and modernity in the heart of the city.

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.