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2 clusters · 5 sources · 17 days · First seen · Last updated

South Korean urban redevelopment construction trends

Overview

Major South Korean construction firms are securing significant urban redevelopment and housing renewal contracts across the country.

In September, Hoban Construction surpassed 1 trillion won in cumulative urban redevelopment orders for the Seoul and metropolitan area. This milestone was driven by securing two major projects in Seoul: the Chang-dong Sang-a 1st Apartment reconstruction in Dobong-gu and the Junghwa Station Area 2-6 redevelopment in Jungnang-gu.

By October, IPARK Hyundai Development Company secured a 281.2 billion KRW contract for the Yeonsan 13 District housing redevelopment project in Busan. Following this win, the company’s cumulative construction orders for urban renewal projects for the year reached 1.7666 trillion KRW.

Entities

Yeonsan 13 District · Hoban Construction · IPARK Hyundai Development Company · Busan

Timeline

  1. [BUSINESS] 2 sources
    IPARK Hyundai Development Company wins 281.2 billion KRW Busan redevelopment contract

    IPARK Hyundai Development Company has won a 281.2 billion KRW contract to lead the Yeonsan 13 District redevelopment project in Busan, bringing its yearly renewal orders to over 1.7 trillion KRW.

  2. [BUSINESS] 3 sources
    Hoban Construction exceeds 1 trillion won in urban redevelopment orders

    Hoban Construction has exceeded 1 trillion won in urban redevelopment orders this year, driven by major new contracts in Seoul's Dobong and Jungnang districts.

Sources

m.imaeil.com · m.sportalkorea.com · newstomato.com · seoul.co.kr · tfmedia.co.kr