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Article 10 of the Local Autonomy Act defines the standards under which a populated area may become a city: an area which is predominantly urbanised and has a population of at least 50,000; a gun which has an urbanised area with a population of at least 50,000; or a gun which has a total population of at least 150,000 and multiple urbanised areas each with a population of at least 20,000. [1]
Seocho is a part of the Gangnam region, along with the Gangnam district of Seoul. Seocho District ranks as one of the richest neighborhoods in South Korea and among the most expensive areas in Seoul with an average sales price of 47.75 million South Korean won per 3.3 square meters. [ 2 ]
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 m 2 —but the average price in Gangnam is almost twice as high, roughly US$10,000 per m 2, which is 3.5 times the nationwide average. [5]
The Seoul Metropolitan Government (Korean: 서울특별시청) is a local government of Seoul, South Korea. The mayor is elected to a four-year term by the citizens of Seoul and is responsible for the administration of the city government. The Seoul Metropolitan Government deals with administrative affairs as the capital city of South Korea.
A city with a population of over 500,000 (such as Suwon, Cheongju, Cheonan and Jeonju) is considered as a specific city, which can set non-autonomous districts(gu). An administrative city does not have a city council and the mayor of the city is appointed by the provincial governor.
A town or eup is an administrative unit in South Korea; along with township (rural), a town (urban) is one of the divisions of a county, and of some cities with a population of less than 500,000. The main town or towns in a county—or the secondary town or towns within a city's territory—are designated as towns. Towns are subdivided into ...
The lobby of the Eaves on South Gramercy Place in Koreatown is shown. The building converted into homeless housing has 58 bedrooms. (Myung J. Chun / Los Angeles Times)
A gu (Korean: 구), or district, is an administrative unit in South Korea.There are two kinds of districts in South Korea.One is the autonomous district (자치구; jachigu) of special and metropolitan cities, which is a municipal entity similar to a city with its own mayor along with its own legislative council.