Lotte Construction Wins 1.7 Trillion KRW Housing Projects Including Siheung City Eunhaeng 2 District

Positive Signal for Achieving Second Half Order Targets

Perspective view of the apartment complex in Eunhaeng 2 District, Siheung City

Lotte Construction is making steady progress toward its order target by securing housing projects worth 1.7 trillion KRW in the second half of the year (July to August).

Following a total order amount of 5.9155 trillion KRW in the first half of the year, an 18.5% increase compared to the same period last year, Lotte Construction continues its upward trend in orders in the second half by winning projects such as the Siheung-si Eunhaeng 2 District apartment complex development, Icheon Anheung-dong 3 Block mixed-use development, and Osan Sema Station officetel development.

The Siheung-si Eunhaeng 2 District apartment complex development project is a 506 billion KRW project to develop a multi-family housing complex with a total floor area of 361,622㎡, consisting of 16 buildings ranging from 4 basement floors to 45 above-ground floors, totaling 2,166 households, located at 247-3, Eunhaeng-dong, Siheung-si, Gyeonggi-do. Construction is scheduled to begin in August 2022.

The Icheon Anheung-dong 3 Block mixed-use development project is a 251.3 billion KRW project to develop a complex with a total floor area of 163,704㎡, including 810 apartment units, 55 officetel units, and neighborhood living facilities, with buildings ranging from 6 basement floors to 49 above-ground floors, located at 284-2, Anheung-dong, Icheon-si, Gyeonggi-do. Construction is scheduled to begin in December 2021.

The Osan Sema Station officetel development project is a 163 billion KRW project to develop an officetel complex with a total floor area of 98,944㎡, consisting of 3 buildings ranging from 6 basement floors to 28 above-ground floors, totaling 546 units, located at 592-4, Segyo-dong, Osan-si, Gyeonggi-do. Construction is scheduled to begin in October 2021.

A Lotte Construction official stated, "The consecutive orders have turned on a green light for exceeding this year's order target."

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