It is the largest and oldest extant permanent traditional market in Jeju.

[1][2] The market was established after the end of the Japanese colonial period.

[3] It was destroyed in a fire in March 1954, and rebuilt in its current location under the same name.

It is one of the most popular traditional markets in Jeju, and is known for its fresh seafood.

[3] It sells a variety of goods, including street food, souvenirs, hallabong mandarins, and seafood.