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Among the many fast-changing areas of Seoul, Seongsu-dong stands out as one of the best examples. Many call it the ‘Brooklyn’ of Korea. Seongsu-dong was designated a semi-industrial zone in 1960 by Seoul city planners, and has traditionally housed hardware stores, printing presses, car repair shops, and cobblers. But recently, these workshops have been converted into coffee shops and restaurants, drawing crowds. Large corporations and investors have also taken notice, making Seongsu-dong the most active location in the city. While Seongsu-dong is not known for its office buildings, and lies outside of the three major areas normally attractive to institutional investors(Seoul CBD, Gangnam and Yeouido), it’s been attracting more attention […]
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Content Editor, Seoul Property Insight(SPI)
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