POSCO E&C leads South Korean remodeling market with 14.3 trillion won in orders

POSCO E&C has established itself as a leader in the South Korean apartment remodeling market, reaching a cumulative order value of approximately 14.3 trillion won since entering the sector in 2014. The company currently holds a 39% market share and is managing 10 active construction sites.

A primary example of its ongoing work is the remodeling of Bundang Neutima Village Complex 4. This project involves horizontal and separate building expansions, transforming the complex into ‘The Sharp Bundang Highest’. Key improvements include expanding unit sizes from 67㎡ to 84㎡ and increasing parking capacity from 601 to 1,966 spaces by constructing four underground parking levels.

The company utilizes specialized technologies to overcome structural limitations, such as 3D laser scanning for precise BIM modeling, the ‘Top-down’ method for underground expansion, and ‘AnwoollimR’, a proprietary floor noise reduction technology. POSCO E&C plans to focus on high-value locations in the Seoul metropolitan area for future projects.