Daewoo Shipbuilding & Marine Engineering Construction Wins 21 Billion KRW Contract for High-End Officetel Construction in Seocho-gu, Seoul

[Asia Economy Reporter Jang Hyowon] Daewoo Shipbuilding & Marine Engineering Construction, a subsidiary of Korea Technology, a KOSDAQ-listed company (Chairman Kim Yongbin), announced on the 29th that it has won a contract worth approximately 21 billion KRW for the construction of the Ermetia High-End Officetel project in Seocho-gu, Seoul.

On the 28th, Seo Gi-seop, CEO of Seocho The Platinum (left), and Kwak Kyung-min, team leader of Daewoo Shipbuilding & Marine Engineering Construction (right), are taking a commemorative photo in the conference room of Daewoo Shipbuilding & Marine Engineering Construction in Jung-gu, Seoul. / Photo by Korea Technology

This officetel will be built at 1596-9, Seocho-dong, Seocho-gu, Seoul, consisting of 4 basement floors and 16 above-ground floors, with 75 officetel units. The site area is 570.10㎡, and the total floor area is 6,398.42㎡, with a building coverage ratio of 59.18% and a floor area ratio of 849.21%. The construction period is 27 months from the actual start date.

All units are two-room types with five different layouts, designed to allow residents to arrange the entrance, kitchen, bedroom, and bathroom in various ways according to their preferences, thereby expanding the range of choices for residents.

The officetel forms a triple station area near Gyodae Station, Seocho Station, and Nambu Terminal Station (Seoul Arts Center), and is conveniently located near Banpodaero, Hyoryeong-ro, and Nambu Sunhwan-ro, facilitating easy vehicle access.

Additionally, Lotte Mart, the National Library of Korea, and the Seoul Arts Center are located nearby, offering excellent living convenience. Within a 10-minute walk are prestigious school districts including Seoul National University of Education Elementary School, Seocho Middle School, Seoul High School, and Seoul National University of Education.

The location and surrounding infrastructure are perfect. Walking access to Umyeonsan and Seoripul Park is available, and Maebongsan and Yangjae Citizen’s Forest are nearby, allowing residents to enjoy nature without leaving the city outskirts.

A company official stated, “The Ermetia Officetel, constructed by our company, is an optimal live-work complex adjacent to Seocho Legal Town and Gangnam business district, attracting high-income office workers. When the former Intelligence Command site is developed, advanced companies in bio and finance sectors will move in, increasing demand from residents.”

He added, “We have recently continued to succeed in winning officetel construction contracts in Seoul areas such as Seongdong-gu and Seocho-gu. In 2022, we will strengthen our contract-winning capabilities not only in Seoul but also in the metropolitan area to dramatically increase our order volume.”

Meanwhile, Kim Yongbin, Chairman of Daewoo Shipbuilding & Marine Engineering Construction, was appointed chairman of Seongji Construction at the board meeting on the 21st, concurrently serving as chairman of both companies. In his inauguration speech, he announced plans to maximize synergy between the two companies through ▲communication management ▲credit recovery ▲talent acquisition ▲sales enhancement, attracting industry attention.

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