The area is surrounded by the mountains Cheonggyesan and Geumtosan to the North and Barasan to the south, with Unjungcheon and Geumtocheon, tributaries of Tancheon, flowing through the center of the city.
The origin of the name of Pangyo (Board Footbridge) was 'Neodeori' or 'Neoldari', meaning a footbridge made of planks of wood over the Unjungcheon (Cloud Staying Brook) originating from the west and running toward the east in the front of Pangyo, written in Chinese characters.
According to Sinjŭng Tongguk yŏji sŭngnam, a survey of Korean geography published in the Joseon Dynasty, in 1530, Pangyo-won, Yeokwon-gun, Gwangju-mok are recorded to be 45 ri away to the south of the state.
However, in the description of Gwangju-mok in Sinjŭng Tongguk yŏji sŭngnam, there is a comment of the governor of Gwangju-mok Hwa-boo Paek, who arrived at the Naksaeng station on the way of going home in April, 1349 in the travel account by Gok Yi during the reign of King Chungjeong.
[1] Pangyo was approved for development in 2001 to alleviate the excessive demand for apartments in Gangnam and central Bundang.
The Seongnam-Yeoju Line is one of the three sections of the main-line railway that is to connect the cities of Seongnam and Mungyeong upon its expected completion in 2016.
[citation needed] Since Pangyo lies under the jurisdiction of Seongnam, the High School Equalization Policy, (고교평준화제도), takes in place.
In the Techno Valley, IT companies such as NHN, Nexon, Ahnlab and SK Planet have their headquarters, while many others such as Kakao have office presences.