Daewoo E&C to Launch 'Prugio' Brand in Gangnam

[Asia Economy Reporter Yoo In-ho] Daewoo E&C is launching the Prugio apartment brand in Gangnam, Seoul. Overcoming the disappointment of losing the Banpo 3rd district reconstruction project rights to Samsung C&T, the company plans to continue the success of Prugio in Gangnam.

According to the construction industry on the 14th, Daewoo E&C is planning to sell units of ‘Daechi Prugio Summit,’ a reconstruction of the Gumaeul 1st district in Daechi-dong, Seoul, within this month. Since it is being introduced in Daechi-dong, one of the best residential locations in Gangnam, Seoul, high demand from buyers is expected.

In particular, reconstruction association members of Gumaeul 1st district in Daechi-dong preferred Daewoo E&C’s premium apartment brand, Prugio Summit, and it is reported that the brand name will be applied as is.

Daechi Prugio Summit will be located at 963 Daechi-dong, Gangnam-gu, Seoul. It will consist of 9 buildings from 2 basement floors to 18 above-ground floors, totaling 489 households.

The complex will be the largest among the Gumaeul 1st to 3rd districts scheduled for reconstruction. By exclusive area, the supply includes ▲51㎡A 33 units ▲53㎡A 10 units ▲59㎡A 20 units ▲59㎡B 3 units ▲102㎡A 30 units ▲117㎡A 5 units. Penthouse types ▲101㎡A ▲107㎡A ▲129㎡A ▲150㎡A ▲155㎡A, one unit each, totaling 106 units will be available for general sale.

The Daechi-dong area where the complex is located boasts excellent infrastructure, educational environment, and high future value, making it one of the best residential locations in Gangnam, Seoul.

The most eye-catching feature is the top-level educational environment in Korea. Daechi Prugio Summit is situated in a school district near Daehyun Elementary, Daemyeong Middle, and Whimoon Middle and High Schools, with Gyeonggi High, Dandae High, Chung-Ang High, and Jinseon Girls’ Middle and High Schools also nearby. The Daechi-dong academy district, known as the number one area for entrance exam preparation, is close by.

Since Daechi Prugio Summit is located in the heart of Seoul’s Gangnam, it boasts excellent transportation infrastructure. The complex is close to Samsung Station on Line 2, Hanti Station on the Shinbundang Line, and Daechi Station on Line 3, making commuting convenient.

In particular, the GTX-A and C lines of the metropolitan express railroad, which pass through Samsung Station, are planned to be constructed, along with various development projects such as the Hyundai Motor Global Business Center, Yeongdong-daero underground space complex development project, and Gangnam area metropolitan complex transfer center.

To respond to the COVID-19 pandemic, Daechi Prugio Summit plans to operate its model house, scheduled to open at the end of this month, through a pre-reservation system on its website. The number of visitors will be limited to 100 groups per day for three days after opening. The model house will be located on the 3rd floor of the Summit Gallery at 337 Yeongdong-daero, Gangnam-gu, Seoul.

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