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Showing posts from May, 2026

Spaces I Remember #5 Hannam-dong, A Man's Playground

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Spaces I Remember #5 — Quiet Property Spaces I Remember  ·  No. 5 This is one of those spaces that stayed with me — not for its scale, but for its singularity. A playground built by a successful man entirely for himself. For solitude, for thought, for evenings with a handful of trusted friends. A cave, in the best possible sense. Teal-green walls and ceiling, bottles of whisky and liqueur stacked almost to the top, shelves dense with objects — ceramics, curiosities, things brought back from places far away. This wasn't a decorated space. It was an accumulated one. Everything here had been drawn in over time, each piece carrying a fragment of its owner's life. At the center, a large, low white table. Not for meetings. Not for meals. Simply for staying. Light fell at an angle through an arched window. A carpet silenced every footstep. Bubble lamps glowed quietly on either side. The outside world felt slightly out of reach — which ...

Spaces I Remember #4 - My Mother's Living Room

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Spaces I Remember #4 — My Mother's Living Room Every space I write about has been special to me in its own way. But this one is different. This one is closer to the heart. Unlike the other rooms in this series, this space doesn't live only in memory. It still exists, and I still visit it. It's my mother's living room. Which means it isn't a showroom, and it doesn't have the kind of consistency you'd find in a curated interior. The furniture spans decades. The styles don't always agree. And yet, to me, no space feels warmer, or more alive with the people I love. Studying space has taught me one thing slowly. A well-decorated room and a long-loved room are not the same thing. Magazine living rooms are flawlessly arranged, but my mother's living room has time settled into it. I still can't put that difference into words exactly. I only know that when I sit here, I sometimes wonder whether the answer to the "good space" I keep cha...

Hannam The Hill — Recorded Rentals by Unit Type —

Hannam The Hill — Recorded Rentals by Unit Type SEOUL · YONGSAN · HANNAM-DONG Hannam The Hill — Recorded Rentals by Unit Type — May 2022 — May 2025 · 600 households · 6 unit types · 80 jeonse + 94 wolse transactions Concept Note · Korean Residential Leasing Jeonse (전세) is a uniquely Korean lease structure with no monthly rent . The tenant places a single lump-sum deposit — typically 50–70% of the home's market value — with the landlord. The landlord earns income by investing or leveraging the deposit during the lease (commonly two years), then returns the full amount at lease end. For luxury units like Hannam The Hill, jeonse deposits routinely run into tens of billions of won. Wolse (월세) is a hybrid: a smaller deposit (much smaller than jeonse, but typically far larger than a Western security deposit) plus ongoing monthly rent. The two figures trade off — higher deposit, lower monthly rent, and vice versa. Jeons...