Hoban Wins Private Rental Housing Construction Contract in Gangneung... 80 Billion Won Scale

Perspective view of private rental housing in Sacheon-myeon, Gangneung-si, Gangwon (Provided by Hoban Construction)

[Asia Economy Reporter Chunhee Lee] Hoban Construction announced on the 11th that it has been selected as the contractor for the private rental housing in Sacheon, Gangneung-si, Gangwon Province.

This project involves constructing a complex of 5 buildings with a total of 414 households and neighborhood living facilities on the site at 60 Sacheonjin-ri, Sacheon-myeon, Gangneung-si, consisting of 2 basement floors and 20 above-ground floors. The construction period is expected to be 27 months after groundbreaking, with a project scale of approximately 80.7 billion KRW.

The complex is located in front of Sacheonjin Beach, offering views of the East Coast, and is praised for its abundant recreational infrastructure such as coastal walking paths and a coffee street. In terms of transportation, it is convenient for wide-area travel using Donghae Expressway Bukgangneung IC and KTX Gangneung Station. Additionally, nearby facilities include Unyang Elementary School, Sacheon Elementary and Middle Schools, and Gangneung Asan Hospital, providing various living infrastructure.

A Hoban Construction official said, "This is a resort-style residential product with sea views and walking access to the beach," adding, "We will do our best to construct a differentiated living space."

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