Lotte Construction Strengthens Residential Service Quality for Private Rental Housing

[Asia Economy Reporter Choi Dong-hyun] Lotte Construction announced on the 29th that it has signed a memorandum of understanding (MOU) related to health promotion services and moving services to revitalize residential services for private rental housing.

Through this agreement, Lotte Construction's private rental housing residential services are expected to expand further. Bobath Memorial Hospital will provide health promotion services such as health checkups and vaccinations, and Tongin Express plans to offer moving services including discounts on moving costs and move-in cleaning.

Private rental housing allows stable residence for eight years, and Lotte Construction has the largest supply record in Korea with about 7,000 households. Currently, it is leasing and operating in Shindongtan, Dongtan 2 New Town, Hangang 22 Complex, and Seoul Mullae Lotte Castle, and is preparing for move-ins in Seoul Doksan and Yangsan Sasong in the future.

In October 2018, Lotte Construction was selected as an excellent real estate service provider certified by the Ministry of Land, Infrastructure and Transport for the first time in the construction industry. Partner companies that have previously signed MOUs with Lotte Construction, such as Lotte Rental, Lotte Card, Lotte Hi-Mart, Green Car, Korea Seven, and i-Kium, provide unique specialized services to offer residents a diverse and convenient living environment.

For residential services, Lotte Construction has launched a dedicated website for private rental housing, allowing residents to apply for various convenience services and community activities. Additionally, by introducing the Ministry of Land, Infrastructure and Transport’s real estate electronic contract system for the first time in the private sector, tenant convenience has been enhanced. In particular, when signing electronic contracts, tenants can receive an additional interest rate discount (0.2%) on deposit loan products and automatically obtain a fixed date.

A Lotte Construction official stated, "We will lead a new residential culture by combining various residential services with private rental housing and strive to improve the quality of residence for tenants." He added, "Furthermore, we will discover promising services that can increase residents' service satisfaction and diversify content to contribute to the revitalization of the comprehensive real estate service industry."

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