What is the most luxury street in Seoul?

Cheongdam currently boasts the world's major luxury brands lined up neatly for your shopping pleasure. Present are renowned brands such as Louis Vuitton, Prada, Cartier, and Burberry, but also avant-garde international and Korean designers such as Martin Margiela and Son Jung Wan.

What is the richest street in Seoul?

Cheongdamdong Luxury Shopping Street is lined with luxury brand stores stretching from Galleria Department Store at Apgujeong Redeo Station to Cheongdam-dong Junction along the main road, Apgujeong-ro. These luxury stores include: Saint Laurent. Dior.

Where do rich people go in Seoul?

The Gangnam area, which includes Gangnam-gu, Seocho-gu, Yongsan-gu, and Songpa-gu, is one of the richest neighborhoods in South Korea. What is Gangnam Style? Gangnam has developed greatly since the 1960s with intensive government investment.

Where is the poshest place in Seoul?

Gangnam - the affluent one

We've all embarrassed ourselves immensely whilst dancing to the K-pop classic, but you may not know that “Gangnam Style” refers to the lavish head-to-toe luxury that is the definitive way of Seoul's poshest neighbourhood.

Where do rich people shop in Seoul?

Apgujeong is a shopping district where Seoul's rich and famous shop for designer brands. Also known as Apgujeongp-ro, the streets of this upmarket district are lined with beauty clinics, department stores, luxury boutiques, and shopping malls.

Inside Rich Korea 🇰🇷 MAJOR LUXURY in Gangnam, South Korea | Seoul

Where do billionaires live in Korea?

Many of the wealthiest residents are concentrated in the three Gangnam districts including Seocho, known as Gangnam School District Eight (강남 8학군). Samsung Town, also known as the Main headquarters for Samsung Group.

What is Itaewon known for?

Still a little gritty around the edges, Itaewon is renowned for its coffee culture, craft beer scene and late night venues including many LGBTQ+ pubs and clubs.

Where do all celebrities live in Seoul?

With the Hangang River in the front and Namsan (mountain) in the back, Hannam-dong is well-known for being the residential area for many Korean celebrities. As such, it's also known for its restaurants and special places that these celebrities frequently visit.

What is the nicest part of Seoul?

Insadong — Seoul's cultural heart. Insadong stands out as one of Seoul's best neighborhoods, as it's a stylish district brimming with art galleries and craft shops where artisans sell their handmade creations.

What is considered wealthy in Seoul?

According to a study by the Korea Labor Institute, wealthy income earners in Korea earn 120 million won a year. Those who are extremely wealthy - or who have earnings in the top 0.1 percent - make an average 360 million won annually. The average income of the top 5 percent is 68.4 million won.

Is Gangnam-gu a rich area?

Both the Greater Gangnam Area and Gangnam itself are widely known for its heavily concentrated wealth and very high standard of living, which has been compared to cities such as Beverly Hills, California.

What is the most expensive house in Seoul?

Shinsegae chairwoman's W28b mansion is most expensive in Korea: data. Shinsegae Group Chief Lee Myeong-hee's Hannam-dong residence maintained its position as the most expensive house in Korea for eight consecutive years, government data showed Wednesday.

What is the Beverly Hills of Seoul?

Often referred to as the “Beverly Hills of Korea,” Cheongdam is home to luxury boutiques, upscale residences, and numerous celebrity hotspots—making it a natural fit for Aman's first Korean project.

What is Apgujeong known for?

It is a classic photo zone and attracts many tourists. Many famous K-dramas were also filmed in this neighbourhood, including the popular 2001 K-drama “Beautiful Days”. Contrastingly to its reputation for fashion, Apgujeong-dong is also known for its outstanding educational institutes.

Is Itaewon good for foreigners?

Itaewon South Korea

Itaewon is a popular neighborhood in Seoul, South Korea known for its multicultural atmosphere and vibrant nightlife. It has since become a popular destination for expats and foreigners. It's a must for foreigners to present their Passport as proof of identity before entering the bar.

Are Hannam and Itaewon the same?

The suburbs of Hannam and Itaewon belong to the same district, Yongsan-gu, which is located near downtown Seoul between Mapo-gu and Seocho-gu. Same district, but these two neighborhoods or “dong” in Korean are very different.

How far is Itaewon from Seoul?

The distance between Seoul and Itaewon is 9 km. How do I travel from Seoul to Itaewon without a car? The best way to get from Seoul to Itaewon without a car is to line 1 subway and line 6 subway which takes 24 min and costs ₩2,600 - ₩3,800.

Who is the no. 1 richest person in Korea?

Why are millionaires leaving South Korea?

The Other Side of the Coin: Asia's Millionaire Exodus

South Korea is set to lose 2,400 millionaires in 2025 – a steep rise from the year before. Political uncertainty and economic volatility drive the outflow, with many of Korea's wealthy opting for more stable havens.

Who is the billionaire without a face in Korea?

Yoo was known, due to his reclusiveness, as "the millionaire with no face." He married Kwon Yun-ja (권윤자; born c. 1942), the daughter of Kwon Shin-chan, in 1966.

Which Korean celebrity has the most expensive house?

IU's Rs 97 crore penthouse to BTS member V's Rs 38 crore apartment, 7 K-pop stars who own the most expensive properties worth Crores in South Korea. BIGBANG members G-Dragon and Taeyang own luxurious properties in Seoul that exceed the price tag of Rs 100 crore…

Is Seoul the most expensive city in the world?

[Economy] Seoul Ranks 16th Most Expensive City. Seoul has ranked 16th in the list of the world's most expensive cities for foreigners. After examining the cost of living for expatriates, Britain-based consulting firm ECA International released the rankings of 257 cities around the world.

Where do most celebrities live in Seoul?

Trimage, colloquially known as the “celebrity apartment” in Korea, is home to many celebrities and considered as a symbol of wealth. This apartment building first draw public attention when BTS's Jungkook purchased it for $1.45 million (1.95 billion won) in Oct.