In the case of the Pohang earthquake, which had a magnitude of 5.4 in 2017, geotechnical damages such as liquefaction and ground settlement occurred. The need for countermeasures has emerged, and experimental research in the Pohang area has continued. This study collected undisturbed samples from damaged fine-grained soil areas where ground settlement occurred in Pohang. Cyclic tri-axial tests for identifying the dynamic characteristics of soils were performed on the undisturbed samples, and the results were analyzed to determine the cause of ground settlement. As a result of the study, it was determined that in the case of fine-grained soils, ground settlement occurred because the seismic load as an external force was relatively more significant than the shear resistance of the very soft fine-grained soils, rather than due to an increase in excess pore water pressure.