Real estate
Construction Industry
HanmiGlobal Co., Ltd to Oversee Construction Management for "Eunma Apartments," a Landmark Redevelopment Project
HanmiGlobal Co., Ltd announced on the 7th that it has been selected as the construction management (CM/PM) partner for the redevelopment project of the Eunma Apartments in Daechi-dong—a symbol of rede…
Property News
Construction Starts Double Amid LH Split… Variables in the “100,000 Homes a Year” Speed Campaign
As the government calls for “all-out housing supply,” the Korea Land and Housing Corporation (LH) has been tasked with the daunting dual responsibilities of expanding housing supply and reorganizing i…
Market Trends
If Housing Prices Don’t Fall… Will Nowon, Gwanak, and Jungnang Also Be Subject to the “Comprehensive Real Estate Tax” in Four Years?
Amid continued rises in home prices, forecasts suggest that the tax burden on apartment owners in Seoul will increase significantly if the Comprehensive Real Estate Tax (CRET) is reformed. By 2030, ow…
Market Trends
SAMSUNG C&T CORPORATION to Lead Joint EPC for 1.2 GW SMR Project in Sweden
SAMSUNG C&T CORPORATION will take on the joint engineering, procurement, and construction (EPC) for a 1.2 GW small modular reactor (SMR) project it is pursuing in Sweden. With SMR projects totaling 12…
Construction Industry
SAMSUNG C&T CORPORATION in the Running for 2.4 Trillion Won Mok-dong Complex 13 Project… Collaborating with U.S.-Based SMDP on Design
SAMSUNG C&T CORPORATION(028260) The construction division of Samsung C&T is partnering with U.S. architectural firm SMDP to bid on the Mokdong 13th Complex redevelopment project in Yangcheon-gu, Seoul…
Construction Industry
DL Construction Appoints Ha Jeong-min as CEO… Possesses Experience and Expertise in Safety
DL Construction announced on the 31st that it has appointed Ha Jeong-min as its CEO.
Ha Jeong-min, CEO of DL Construction (Photo courtesy of DL Construction)
According to DL Construction, this a…
Real Estate Policy
"Build on a Corpse, If You Can"... Public Outrage Erupts Over Government Supply Measures [Real Estate Reporting Log]
The government’s ambitious “Housing Supply Plan,” unveiled with the aim of resolving Seoul’s chronic housing shortage, has hit a snag in the form of public backlash. This is because public opposition …
Construction Industry
DaewooEngineering&Construction Chairman Jeong Won-ju Meets with Vietnam’s Minister of Industry and Trade
DaewooEngineering&Construction announced on the 27th that Chairman Jeong Won-ju met with the Vietnamese Minister of Industry and Trade, who is currently visiting South Korea, and conveyed the company’…
Property News
"Gangnam Is the Place to Build a House"... A Look at Potential Greenbelt Sites
Following a meeting on the 26th, Minister of Land, Infrastructure, and Transport Kim Yun-deok and Seoul Mayor Oh Se-hoon agreed to actively consider lifting the development restriction zone (greenbelt…
Construction Industry
DL Posts Record Quarterly Revenue and Operating Profit, Driven by Petrochemicals… DL E&C CO., LTD. Secures 5 Trillion Won in New Orders
DL Group is maintaining steady growth in the first half of this year by improving profitability in its core businesses, including petrochemicals, energy, and construction.
Perspective drawing of th…