[Run Again, Construction Korea] Ssangyong Construction Rises to No.1 in Remodeling Industry with Patented Technology Expertise

First Dedicated Team in the Industry in 2000
First Full Complex Remodeling in Korea in 2007
Approaching 10,000 Cumulative Orders... 'Gap' with Latecomers

[Asia Economy Reporter Kim Hyemin] Ssangyong Construction has established itself as a leader in the apartment remodeling market. This is the result of being the first in the industry to form a dedicated remodeling team in 2000 and steadily strengthening its business. It is on the verge of achieving the industry’s highest cumulative order of 10,000 units, and its completion record of approximately 1,000 units (974 units) firmly secures its position as the industry leader. Remodeling is an eco-friendly construction method that reuses existing structures and minimizes construction waste, representing a key area of low-carbon green growth. Recently, as more complexes have shifted towards remodeling?which progresses faster and faces fewer regulations than reconstruction?in the urban maintenance market, a remodeling boom is underway.

◆ On the Brink of Achieving 10,000 Cumulative Orders = Ssangyong Construction, which entered the remodeling business early, successfully completed the first full-complex remodeling case in Korea in 2007: Ssangyong Yega Classic in Bangbae-dong, Seocho-gu, Seoul (formerly Gungjeon Apartment), consisting of 3 buildings and 216 units. They created an underground parking lot where none existed before, extended existing elevators down to the underground parking, and applied advanced technologies such as rotating existing building columns horizontally or vertically by 90 degrees, setting a model example for remodeling projects at the time.

In 2010, they successfully completed the second full-complex remodeling project, Ssangyong Yega Classic in Dangsan-dong, Yeongdeungpo-gu (formerly Pyeonghwa Apartment). This project included the country’s first installation of a two-level underground parking lot, increasing parking spaces by about five times, and featured many design elements applied for the first time in domestic apartment remodeling.

In 2011 and 2012, Ssangyong Construction successfully carried out the third and fourth full-complex remodeling projects: Ssangyong Yega Classic in Dogok-dong (formerly Dogok Dongsin Apartment) and Bamseom Ssangyong Yega Classic (formerly Hosu Apartment in Hyeonseok-dong, Mapo-gu). Notably, Hosu Apartment attracted attention by pioneering advanced remodeling technology that expanded all units in all directions and vertically added two floors, a significant advancement over previous methods.

In 2015, they won the remodeling contract for Pyeongchon Mokryeon 3 Complex Woosung Apartment, which vertically added up to three floors. In July of the same year, they were selected as the remodeling contractor for Dunchon Hyundai 3rd Apartment in Gangdong-gu, the first in the district to vertically add two floors from 12 to 14 floors.

In 2016, Ssangyong Construction jointly won the contract with POSCO Construction for Bundang Hansol Village 5 Complex, consisting of 12 buildings with 15 to 25 floors and 1,156 units. In 2017, they secured the remodeling contract for the 900-unit Oksu Geukdong Apartment, bringing them close to achieving the industry’s highest cumulative order of 10,000 units.

◆ Prominence in High-End Architectural Remodeling = Ssangyong Construction is also recognized as a leader in high-end architectural remodeling. In June 2010, they remodeled the Tower Hotel, a general building, into the world’s top luxury resort hotel, Banyan Tree Club & Spa Seoul. They have also remodeled Singapore’s national treasure-level Raffles Hotel and the Capital Square Building shophouses in Singapore. Domestically, they hold remodeling records for the largest standalone Louis Vuitton store in Asia, the Louis Vuitton New Concept Store, Seoul Hilton Hotel, Sofitel Ambassador Hotel, and other high-end architectural projects, making them the number one remodeling company.

A Ssangyong Construction official stated, "Remodeling work is significantly more difficult than new construction, making it a challenging field for inexperienced contractors to enter."

◆ Adding Technology to Experience = Ssangyong Construction recently completed patent registrations related to remodeling, widening the gap in technological capabilities with latecomers. They developed and patented the industry’s first test method using existing structures to verify pile bearing capacity. They also hold numerous other patents and technological capabilities.

The patented technologies held by Ssangyong Construction include: ▲ bracket devices for horizontal excavation work of vibration-free rock breakers ▲ column opening methods in apartment remodeling ▲ common area construction methods for extending elevators to underground floors ▲ seismic structural safety secured using dampers ▲ improved underpinning methods using micro piles ▲ remodeling of buildings retaining walls using small-diameter piles and load transfer frames ▲ floor installation methods using thermal insulation cushioning materials in apartment remodeling, totaling eight patents.

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