It is located in Wusan-Dong and the most famous market of Gwangju with the market days. Malbau Market was formed when the merchants running street vendors in Seobang Market began to move downwards due to the crackdown on street vendors by the government. The origin of the place name ‘Malbau' came from the rock, which was in the hills in the former 202 Wusan-Dong looked like a square Mal (Korean unit of measure). It is a big traditional market with more than 500 stores. Although the market is open every day with permanent stores, on the periodic market days (2nd, 4th, 7th and 9th day of the month) a large number of merchants gather to make the place a booming place. The number of people using the market in a single day exceeds 20,000 people.
Malbau Market is famous for fresh vegetables because farmers from the nearby Damyang, Sunchang, Jangsung and Goksung come bringing the products they raised. Specially during spring you can see a constant stream of various seedlings. People from nearby countryside come to buy them and also the people who run weekend farms and have a small vegetable garden are also customers. Literally you can find everything there and all kinds of products give people full of energy. Malbau Market is where the ordinary people frequent and there are plentiful market foods that those people look for. It is a place where the ordinary life of the people exists but you can feel warm and nice hearts of people and history and culture coexist so it is loved by the citizens.