Lotte Engineering & Construction said it formed a consortium with Hyundai E&C to win the Suwon Guun District 1 dwelling redevelopment project on the 29th. The Suwon Guun District 1 dwelling redevelopment project is a plan to reconstruct the Samhwan Apartments in the area of 462 Guun-dong, Gwonseon-g...
The Jangwi 4 district redevelopment project 'Jangwi Xi Radiant' in Jangwi-dong, Seongbuk-gu, Seoul, has received temporary usage approval, escaping a delay in occupancy. According to the maintenance industry on the 31st, around 11:30 a.m. that day, Seongbuk-gu, the district office in charge of the J...
HS HWASUNG strengthened its financial soundness through a strategy that emphasizes revenue. On the 28th at 9:30 a.m., HS HWASUNG held its 67th regular shareholders' meeting at the 7th-floor conference hall of its headquarters in Daegu, announcing last year’s revenue of 612.7 billion won, operating p...
In April this year, the nationwide sale market is expected to see 23,730 units, a 10% decrease compared to last year. The metropolitan area is set to provide 17,772 units, while 5,958 units are expected in provincial areas. According to Zigbang, as of March 31, the planned number of units for sale i...
In February of this year, the number of unsold dwellings nationwide stood at 70,000, a 3.5% decrease from January, while the number of unsold dwellings after completion increased by 3.7%. According to dwelling statistics released by the Ministry of Land, Infrastructure and Transport on the 31st, the...
On the 30th, the Ministry of Land, Infrastructure and Transport announced that it will provide emergency support housing in collaboration with the Korea Land and Housing Corporation (LH) for the swift recovery of the daily lives of those affected by the forest fires in Ulsan, Gyeongbuk, and Gyeongna...
Last year, the area of residential construction starts increased by about 7% compared to the previous year. On the 30th, the Korea Construction Industry Research Institute (KOSCON) analyzed last year's construction start area, revealing that the residential construction start area was 26.9 million s...
Hyundai E&C announced an energy-centered medium- to long-term growth strategy. Through this, the company has revealed its goal of achieving 40 trillion won in sales and an 8% operating profit margin by 2030. Hyundai E&C noted that it held the '2025 CEO Investor Day' on the 28th at the Fairmont Hotel...
In the fourth quarter of last year, the amount of construction contracts increased by 4.4% compared to the same period the previous year. The Ministry of Land, Infrastructure and Transport noted that in the fourth quarter of last year, the amount of construction contracts recorded 75.2 trillion won,...
Korea Land & Housing Corporation (LH) announced on the 30th that it has donated 1 billion won and 420 sets of emergency relief kits to support the victims of the recent large-scale forest fire. LH has donated 1 billion won in relief funds to the National Disaster Relief Association and the Korean Re...
