The representative rich villages in Korea are Itaewon-dong and Hannam-dong. In terms of feng shui, the Han River flows and Namsan Mountain spreads behind it, receiving the highest evaluation. Most of the houses in Itaewon-dong and Hannam-dong are on the list of highest-priced houses every year. The actual transaction price in the area is billions of won per house, and some houses cost more than 30 billion won. Hannam-dong Buchon is famous as a representative rich village in Seoul along with Gangnam-gu and Seocho-gu, and the family of the chairman of the five largest conglomerates in Korea has their homes here.

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