Sangji Kyleum Signs Construction Contract for 18 Billion KRW Residential Complex in Yeoksam-dong
[Asia Economy Reporter Han Jinju] Sangji Kyleum announced on the 14th that it has signed a contract worth 18 billion KRW with Daepung Industry for the new construction of a residential complex at 653-3 Yeoksam-dong, Seoul. The contract period is from December 1 of this year to January 31, 2024. The contract amount corresponds to 82.24% of last year's consolidated sales.
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The company explained, "The construction involves a residential complex facility (commercial, office, and multi-family housing) consisting of one building with 3 basement floors and 20 above-ground floors, and will be carried out using a mixed method of direct management and outsourcing."
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