NamdaemunMarket is the largest and best general wholesale market in Korea. It was opened as the government chartered market in 1414. It is known for offering virtuaiiy every product imaginable, including clothing and textile products, everyday items, kitchen utensils, handicrafts, accessories, imported merchadise, food, miscellaneous articles, farm and fishery products, and much more to wholesale and retail customers nationwide inexpensively.
In 1394, the new dynasty (Joseon) established Hanyang (old name of Seoul) as the new capital of the country and began building its major structures. Fortified walls were built along the four mountains surrounding the capital, and four main gates and four ancillary gates wereadded to the sections of fortified wall surrounding the capital. The main gate in the south was named Sungnyemun (meaning "gate of exalted ceremonies") and also known as Namdaemun Geat (south gate).
An arson attack in feb of 2008 resulted in severe damage to its structure including destruction of the entire second-floor roof. Restoration took over five years to complete.