정해용 기자

Jung Hae-yong Deputy Editor, Real Estate News Desk

Total articles(106)
Starbucks Yangpyeong DT building listed for sale at 17.5 billion won
Starbucks Yangpyeong DT building listed for sale at 17.5 billion won
The building housing Starbucks "The Yangpyeong DT" has come onto the market. The desired selling price is around 17.5 billion won. Kim Yong-gil, the representative of the sale's lead agent, RM Real Estate, noted, "The building for sale, 'Starbucks The Yangpyeong DT,' is currently 100% leased by Star...
Korea's major builders relax deposit terms amid unsold property crisis
Major construction companies have significantly lowered the conditions for subscription since the beginning of the year and have begun to recruit residents. Unlike the usual practice of requiring a deposit of 10-20% of the sale price, cases have emerged where only 5% is accepted as a deposit. Some o...
Jungheung Group makes early 100 billion won payment to contractors before Lunar New Year
Jungheung Group announced on the 21st that it will make early payments for construction costs before the Lunar New Year to assist its construction and civil engineering partners in managing their finances smoothly. The total amount for this early payment by Jungheung Group is approximately 100 billi...
Gwangju court sentences site managers to prison for Hwajeong I-Park collapse
The first trial verdict has been delivered for those responsible for the collapse of the construction site of the Hwajeong I-Park apartment in Gwangju's Seo-gu in 2022. This comes more than three years after the incident occurred. The court found both HDC Hyundai Development Company, the primary con...
Samsung and Hyundai set to announce earnings with mixed forecasts for 2024
On the 22nd, Samsung C&T and Hyundai E&C will announce their fourth quarter (October-December) and annual results for 2024. As the leading construction companies that ranked first and second based on construction capacity evaluation release their results for last year first, interest in the construc...
Seoul designates Mia-dong for redevelopment, adds three-dimensional parks
The Seoul City government has designated the redevelopment area of 130 Mia-dong in Gangbuk as the sixth site for regulatory relief. According to Seoul City's regulatory relief policy, the total floor area of the redevelopment site will increase by about 5,000 square meters. Seoul Mayor Oh Se-hoon no...
Kumho Engineering celebrates 20 years of support for multicultural youth in Korea
Kumho Engineering & Construction announced on the 20th that it received a '20th Anniversary Sponsor' plaque from the Korean Pearl Buck Foundation on the 17th. The foundation, established in 1965 by Nobel Prize in Literature winner Pearl S. Buck, has been supporting multicultural children and their f...
Construction costs rise as won-dollar exchange rate impacts imported materials
Concerns are growing that construction costs at construction sites could rise further following the increase in the won-dollar exchange rate. It has been analyzed that the construction materials most affected by price increases due to the exchange rate rise are imported rebar and section steel. Acco...
Incheon integrates jeonse fraud support services for streamlined victim assistance
On the 19th, Incheon City announced that it will integrate the support system for victims of jeonse fraud into the Incheon Jeonse Damage Support Center. Currently, the reception of jeonse fraud damage is managed by the Jeonse Damage Support Center, while Incheon City handles residential stability su...
Gwangju court set to judge Gwangju Hwajeong I-Park collapse three years later
On the 20th, the first trial judgment for those responsible for the collapse of the Gwangju Hwajeong I-Park will take place. It has been three years since the accident. According to the Gwangju District Court on the 19th, the Criminal Division 11, presided over by Director General Ko Sang-young, wil...
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