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Seeking Solace Beyond the City: Housing Crunch Drives Exodus from Seoul

Seeking Solace Beyond the City: Housing Crunch Drives Exodus from Seoul

SEOUL, Feb. 15 (Korea Bizwire) – Over the past decade, Seoul has seen an exodus of 5.47 million people, a significant population shift that highlights changing urban dynamics in South Korea’s capital. Statistics Korea reports a net outflow of 860,000 residents, with only 4.61 million people moving to Seoul during the same period, from 2014 to [...]

Seoul Launches Lounge Showcasing ‘Seoul, My Soul’ Slogan in Hanok Village

Seoul Launches Lounge Showcasing ‘Seoul, My Soul’ Slogan in Hanok Village

SEOUL, Feb. 9 (Korea Bizwire) – The Seoul city government on Friday opened a welcome lounge promoting the city’s new slogan, “Seoul, My Soul,” in a popular tourist destination in central Seoul, known for its preservation of traditional Korean houses called hanok. The promotion set up in Bukchon Lounge, a sample hanok house the city [...]

Seoul to Unveil Its First Overpass Park by 2027, Bridging Banpo with the Han River Park

Seoul to Unveil Its First Overpass Park by 2027, Bridging Banpo with the Han River Park

SEOUL, Feb. 2 (Korea Bizwire) – Seoul is set to introduce its inaugural overpass park in 2027, spanning 10,000 square meters over the Olympic Expressway from Banpobon-dong to Banpo Han River Park in Seocho District.  The Seoul Metropolitan Government announced plans on February 1 to develop the new park and cultural facilities, incorporating the overpass park [...]

Seoul to Launch River Bus Service along Han River in October

Seoul to Launch River Bus Service along Han River in October

SEOUL, Feb. 1 (Korea Bizwire) — Boats will run in the Han River like buses starting in October on a seven-stop route between the northwestern district of Magok and the southeastern district of Jamsil, the Seoul city government said Thursday. The Hangang River Bus service will reduce the travel time between Jamsil and the financial [...]

Seoul Launches City-Wide Toy Library Service

Seoul Launches City-Wide Toy Library Service

SEOUL, Jan. 29 (Korea Bizwire) – The Seoul Metropolitan Government announced on January 28 that it is initiating a ‘City-District Integrated Link Service,’ enabling the borrowing and returning of toys and childcare items from the Seoul Toy Library located in Daebang-dong, Dongjak-gu, across all 25 district toy libraries in Seoul. The Seoul Toy Library, which first [...]

Yoon Vows Sweeping Improvements to Commuter Transport in Seoul Metropolitan Area

Yoon Vows Sweeping Improvements to Commuter Transport in Seoul Metropolitan Area

SEOUL, Jan. 25 (Korea Bizwire) — President Yoon Suk Yeol vowed Thursday to make sweeping improvements to commuter transport in the Seoul metropolitan area by extending express rail networks and adding new bus lanes and double-decker electric buses. Yoon made the remark during a government-public debate on people’s livelihood issues, the sixth in a series, [...]

Seoul Faces Serious Residential Segregation According to Housing Prices, Study Finds

Seoul Faces Serious Residential Segregation According to Housing Prices, Study Finds

SEJONG, Dec. 21 (Korea Bizwire) – A recent study has revealed a significant degree of residential segregation in Seoul, characterized by distinct divisions between high-priced and low-priced housing areas. The Korea Research Institute for Human Settlements released these findings in its report titled ‘Residential Segregation by Housing Prices and Policy Implications,’ which utilized publicly announced housing [...]