Sinjung Pyunghwa Market (신정 평화시장)

Introduction

Sinjung Pyunghwa Market was established in August 1985 with the construction of a commercial building consisting of one basement level and two above-ground floors, totaling 2,453㎡. Located in the heart of the old residential district of Sinjeong-dong, it has faithfully served its role as a local marketplace ever since. Nestled between apartment complexes and residential areas, the market is easily accessible on foot, particularly for local homemakers. Recently, the restrooms were repaired and renovated, and the building underwent repainting, waterproofing, and window refurbishment to improve the shopping environment. The Kids & Mom Sinjung Pyunghwa Youth Mall, a multi-purpose venue that combines youth start-up stores, cultural experiences, and community engagement, was created through a support initiative by Ulsan Nam-gu Office for aspiring entrepreneurs. Young merchants who open shops here are entitled to two years of rent support, as well as consultations and marketing assistance.