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.

 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.