[Asia Economy Reporter Yoo In-ho] HDC Hyundai Development Company will supply 19 complexes with a total of 21,750 households nationwide this year, including the Seoul metropolitan area, Busan, and Cheongju.


This is more than three times the amount supplied last year, which was 8 complexes with 6,390 households. Urban regeneration projects such as redevelopment and reconstruction account for 10,327 households, making up 51% of the total supply. HDC's own project supply also exceeds 20%.


On the 3rd, HDC launched 'Dangjin IPARK' in the area of 37-3, Eumnae-dong, Dangjin-si, Chungnam, marking the start of its first sale in 2020.


In Seoul and the metropolitan area, starting with Seoul Forest 2nd IPARK in Seongsu-dong 1-ga, Seongdong-gu, Seoul in April, they will supply Suwon Mangpo 2nd 4·5BL, Dunchon Jugong reconstruction, and Gaepo 1st complex, among others.


The Dunchon Jugong Apartments project involves constructing a large-scale apartment complex with a total of 12,032 households on approximately 620,000㎡ of land in 170-1, Dunchon-dong, Gangdong-gu, Seoul. Starting in April, 4,786 households will be supplied for general sale, followed by 6,181 households for union sale in June.


The Gaepo Jugong 1st complex will have a total of 6,642 households on a land area of 400,000㎡ in 660-1, Gaepo-dong, Gangnam-gu. They plan to supply 5,026 households for union sale in September and 1,205 households for general sale in October.



In Seoul, the metropolitan area, and Chungcheong regions such as Uijeongbu mixed-use complex, Yonghyeon Hakik 1-1BL, Cheongju Gagyeong 5th complex, and Icheon Sadong-ri, HDC will introduce IPARK projects that incorporate its unique expertise.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing