Daewoo E&C to Supply 34,000 Housing Units This Year

[Asia Economy Reporter Yoo In-ho]

Daewoo E&C will supply approximately 34,000 housing units this year.

On the 13th, Daewoo E&C announced its housing supply plan for this year, including 28,638 units of its housing brand Prugio apartments, 1,732 units of residential-commercial complexes, and 3,630 officetel units. Notably, the volume of urban renewal projects more than doubled from 6,334 units last year to 16,397 units this year.

By region, the company plans to supply 24,016 units in the Seoul metropolitan area, including Seoul, and 9,984 units in other provinces. In Seoul, 4,636 units will be supplied in projects such as Dunchon Jugong reconstruction, Daechi 1 District reconstruction, and Sewoon District.

Outside of Seoul but within the metropolitan area, 19,380 units will be offered in locations with excellent accessibility to Seoul, including new town development sites such as Suwon Maegyo Station Prugio SK View, Hanam Gam-il District, and Incheon Handeul District, as well as urban areas with superior living conditions such as Gwangmyeong Prugio Centber, Seongnam Sinheung 2 District, Gwangmyeong 14R District, and Ansan Wongok Yeonrip 1 District.

In other provinces, sales will be launched in the most preferred local areas such as Busan Nam-gu Daeyeon 4 District redevelopment, Daeyeon 4 District reconstruction, Daegu Suseong-gu Jungdong, and Padong Gangchon 2 District redevelopment projects.

Accordingly, Daewoo E&C expects to achieve the top position in housing supply performance again this year, following last year. The company plans to continue strengthening product competitiveness by developing the 2020 new floor plan that reflects customer needs.

A senior official from Daewoo E&C stated, “This year, we plan to maintain our supply policy based on thorough market analysis, appropriate pricing, and customized products,” adding, “We will target actual demand by supplying urban renewal projects with a strong demand base and new towns and development sites in the metropolitan area with excellent accessibility to Seoul.”

This content was produced with the assistance of AI translation services.