The parliament met there for the first time in the Viking ages when Norwegian colonists placed their Ting (parliament) on the location in 825. It is one of the oldest parliamentary meeting places in the world, along with Tynwald hill in the Isle of Man and Þingvellir in Iceland. The Løgting has since moved to the north of the city, but the home-rule government still sits here.
The building on the outermost point on the small peninsula Skansapakkhusið, currently the government's main building. The small main street on the peninsula is called Gongin and is home to the oldest parts of the city. Many of the houses on Tinganes were built in the 16th and 17th centuries and are still in use today.
The peninsula divides the Tórshavn harbour in two parts, Eystaravág and Vesteravág.