Daewoo Shipbuilding & Marine Engineering Construction Wins 17.5 Billion KRW Contract for Premium Education-Focused Residential-Commercial Complex in Daegu Manchon-dong

[Asia Economy Reporter Jang Hyowon] Daewoo Shipbuilding & Marine Engineering Construction, a subsidiary of Korea Technology (CEO Shin Yonggu), a KOSDAQ-listed company, announced on the 9th that it has won a contract worth 17.5 billion KRW for the development of an education-specialized residential-commercial complex in Manchon-dong, Suseong-gu, Daegu.

The residential-commercial complex is located at 849-6 Manchon-dong, Suseong-gu, Daegu Metropolitan City, and one additional lot. Floors 1 to 3 will house commercial facilities, the 4th floor will be officetels, and floors 5 to 18 will be apartments.

It will be constructed on a site area of 1,288.8㎡ with a total floor area of 9,033.76㎡, utilizing a building coverage ratio of 64.93% and a floor area ratio of 496.92%.

The apartments on floors 5 to 18 will consist of three types: 59A, 59B, and 84 square meters.

Near the site of this residential-commercial complex, there is a concentration of 14 prestigious school districts including ▲Dongdo Middle School ▲Daeryun Middle and High School ▲Oseong Middle and High School ▲Gyeongshin Middle and High School ▲Jeonghwa Girls' High School ▲Hyehwa Girls' High School. Not only schools but also well-known academies are located nearby, making it popular among parents with a strong passion for education.

Within a 3-minute walk is Manchon Station on Daegu Subway Line 2 along Dalgubeol-daero, and within a 10-minute walk is Damti Station, forming a double station area. Within 4 km, there are also Suseong IC and Dongdaegu IC on the Jungang Expressway.

Abundant living and cultural infrastructure is another major advantage. Nearby are shopping facilities such as Shinsegae Department Store, E-Mart Manchon Branch, and Rodeo Town, as well as Suseong District Office, financial institutions, and hospitals, providing excellent living infrastructure. Additionally, there are pleasant natural and cultural infrastructures such as Duribong Trail, Beomeo Park, National Daegu Museum, and Lions Park.

Seo Boknam, CEO of Daewoo Shipbuilding & Marine Engineering Construction, said, “Manchon-dong in Daegu is similar to Daechi-dong in Seoul and is one of the most preferred areas in Daegu by parents with a strong passion for education.” He added, “The site near the residential-commercial complex we won this contract for is perfectly equipped with prestigious school districts and various infrastructures, so we expect inquiries not only from parents but also from many investors.”

Meanwhile, Daewoo Shipbuilding & Marine Engineering Construction announced that following the credit rating evaluation conducted by a private credit rating agency on the 29th, its credit rating has also improved in the credit rating evaluation conducted by the public sector, Housing & Urban Guarantee Corporation (HUG).

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