Gangnam District


Gangnam District is one of the 25 districts of Seoul, South Korea. The term Gangnam translates to "South of the Han River". Gangnam District is the third-largest district in Seoul, with an area of. As of the 2024 census, Gangnam District had a population of 556,570. There is a high concentration of wealth in the district, with prices for an apartment as of 2024 more than double those in the rest of Seoul. Gangnam District is part of Gangnam School District Eight, along with the Seocho District. This district shares half of Gangnam-daero Gangnam station area with Seocho District, one of the most crowded places in South Korea.
It is home to Bongeunsa Temple, which dates to the Unified Silla period. It also hosts Seonjeongneung, royal tombs of the Joseon Dynasty, and the earlier gravesite of Gwangpyeong Daegun and his family’s land, which are preserved as national treasures. Apgujeong, in particular, became notable from the early Joseon period as the site of the villa of Han Myeong-hoe, a high-ranking official during King Sejo's reign.

History

Until 1962, the area was part of Gwangju-gun's Eonju-myeon and Daewang-myeon in Gyeonggi Province, and it was incorporated into Seongdong District when Seoul's administrative districts were expanded in 1963. Compared to Jongno and Jung Districts, which have been the historical heart of Seoul for over 600 years since the Joseon Dynasty established Hanseong as its capital, this area has a less prominent historical role.
With the full-scale development of the Gangnam area in the 1970s, the southern portion of Seongdong District was separated to form Gangnam District in 1975. In 1979, the area east of the Tancheon Stream was divided off to create Gangdong District, which originally included the current Gangdong District and Songpa District. In 1980, Bangbae-dong and part of Banpo-bon-dong, formerly part of Dongjak-dong, were incorporated from Gwanak District.

Administration

Gangnam is one of two gu that make up the Greater Gangnam Area together with neighboring Seocho District.
The Gangnam District office has designated two smoke-free zones within the district. The first is the section of Gangnam Boulevard between exit No. 2 of Gangnam station of Seoul Subway Line 2 and exit No. 5 of Sinnonhyeon station of Line 9; the second is the 836-meter section of sidewalk along Yeongdong Boulevard from exit No. 5 of Samseong station on Line 2, outside COEX Convention & Exhibition Center and ASEM Tower of the COEX complex.

Divisions

Gangnam District is composed of 12 dong :
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. The most significant indicator is its extremely expensive real estate. Seoul as a whole is known for its expensive housing prices—as of 2011, its average apartment cost approximately US$5,500 per m2—but the average price in Gangnam is almost twice as high, roughly US$10,000 per m2, which is 3.5 times the nationwide average. This is driven in part by the price of land: the 40 km2 making up Gangnam district rivals in valuation with the entirety of the city of Busan, the second-largest city in South Korea which occupies 770 km2. Combined with the neighboring districts of Seocho and Songpa, the Greater Gangnam Area accounts for almost 10% of the land value of the entire country.
While Seoul's traditional business centers such as Central District, Jongno District, Yongsan District and Yeongdeungpo District still maintain their leading roles, Gangnam and its neighboring districts have swiftly become the new core across all areas of business over the last few decades. KOSPI 200 companies based in Gangnam district include KEPCO, GS Group, Hyundai Department Store Group, HiteJinro, Hansol, Hankook, Hyundai Glovis and Korea Zinc Corporation. Besides, POSCO also operates POSCO Center in Teheran Valley, and KT&G operates Kosmo Tower. Other notable companies based in Gangnam include Dongbu Fire Insurance, Young Poong Group, T'way Airlines and Procter & Gamble Korea. Gangnam is also home to many IT and other internet-related companies including NC Soft and Pandora TV, and is also a strong hub of the country's financial and banking sectors. Many international companies also operate key offices in Gangnam, including Google, IBM, Toyota, and AMI.
Since January 2012, the area has also been home to FNC Entertainment, which moved into its own company offices in Cheongdam-dong, separate from its parent company in the CJ E&M Music Performance Division Building in neighbouring Apgujeong-dong. Other entertainment companies located there include SM Entertainment, JYP Entertainment, Cube Entertainment, Pledis Entertainment, LOEN Entertainment, Source Music, Plan A Entertainment, DSP Media, MBK Entertainment, Nega Network, C-JeS Entertainment, WM Entertainment, NH Media, J. Tune Entertainment, TOP Media, Happy Face Entertainment, Dream Tea Entertainment, Polaris Entertainment, Jellyfish Entertainment, DR Music, Stardom Entertainment, and HYBE Corporation.
The Korean subsidiary of American Megatrends, AMI Korea, is headquartered in Daechidong, Gangnam District.

Economic development

Until the early 1980s Gangnam and its neighboring areas had remained the least developed in Seoul, but prodigious development over the last 30 years has earned it a reputation of being one of the most affluent, dynamic, and influential areas in both Seoul and South Korea as a whole.
In addition, the COEX Convention & Exhibition Center in Gangnam recently hosted several international conferences such as the 2010 G-20 summit and the 2012 Nuclear Security Summit.

Education

South Korea is known for its high standard of education and intense competition for university entrance, and Gangnam is considered the national capital of education, which is one of the decisive factors to make Gangnam the most attractive destination in South Korea. In 2010, roughly 6% of the successful candidates to Seoul National University, which is considered the best university in South Korea, were from Gangnam district, while Gangnam's population makes up only 1% of the country's population. In 2008, 22.7 out of 1,000 students in Gangnam district went abroad to study, while the nation's average ratio in the same time frame was only 3.6 per 1,000 students. Following the substantial raising of the profile of the Gangnam district internationally, the area has become a popular destination for international students seeking Korean language lessons, marking the rise of Korea as a 'study tourism' destination. Both long-standing locally owned schools such as the Seoul Korean Academy, and more recent foreign-owned entities such as Lexis Korea report a significant increase in interest in the location.
International schools:
Former schools
The important business district around Teheranno runs east–west from Gangnam station to Samseong station and the COEX Convention & Exhibition Center-Korean World Trade Center complex. Several popular shopping and entertainment areas are located in Gangnam District, including Apgujeong, the COEX Mall and the area around Gangnam station and Garosugil.
Cheongdam-dong is notable as an upmarket shopping area, with stores of global and local luxury brands, such as MCM Haus flagship store; Vera Wang's third global and first Asian flagship store 'Vera Wang Bridal Korea'; as well as French jeweler Cartier's Cartier Maison, located on Apgujeong-ro, which is the largest in Korea and at the time of opening, in 2008, the seventh largest in the world.
The area has a large concentration of vegetarian and other upscale restaurants that serve Korean cuisine with a modern twist, namely on the main street from Bongeunsa to Park Hyatt Hotel in Samseong-dong.
Gangnam District is served by Seoul Subway Line 2, Seoul Subway Line 3, Seoul Subway Line 7, Seoul Subway Line 9, Bundang Line and the Shinbundang Line.
;*Bundang Line
;;; ← Apgujeongrodeo – Gangnam-gu Office – Seonjeongreung – Seolleung – Hanti – Dogok – Guryong – Gaepo-dong – Daemosan – Suseo →
;*Seoul Subway Line 2 Euljiro Circle Line
;;; ← Samseong – Seolleung – Yeoksam – Gangnam →
;*Seoul Subway Line 3
;;; ← Apgujeong – Sinsa → ← Maebong – Dogok – Daechi – Hangnyeoul – Daecheong – Irwon – Suseo –
;* Shinbundang Line
;;; ← Gangnam
;*Seoul Subway Line 7
;;; ← Cheongdam – Gangnam-gu Office – Hak-dong – Nonhyeon →
;*Seoul Subway Line 9
;;; ← Sinnonhyeon ← Eonju ← Seonjeongneung ← Samseong Jungang ← Bongeunsa

Festivals

There are several festivals held in Gangnam District.
Following the anti-American protests in Seoul in the early 2000s, the local authorities in the Gangnam District have organized various cultural and sporting events, such as the International Peace Marathon, jointly with the United States Forces Korea. In 2009 they were awarded a 'special prize' by the US Army for promoting cultural exchanges with American troops.

Popular culture

Gangnam District is twinned with: