Daewoo Industrial Development Wins Joint Housing Project in Dangjin, Chungnam

[Asia Economy Reporter Hwang Seoyul] Daewoo Industrial Development announced on the 1st that it has secured a contract for the construction of multi-family housing in the general industrial complex area of Songsan-myeon, Dangjin-si, Chungnam Province.

Daewoo Industrial Development will present an apartment complex consisting of 9 buildings with 785 units, ranging from 2 basement floors to 23 above-ground floors, on a site of approximately 36,000㎡ and a total floor area of 128,000㎡ in the Yugok-ri area of Songsan-myeon, Dangjin-si. The total units are composed of 174 units of 59㎡, 503 units of 84㎡, 102 units of 116㎡, 4 units of 136㎡, and 2 units of 145㎡ based on exclusive area, totaling 785 units.

The Dangjin Songsan multi-family housing project site is located near the Songsan 2 General Industrial Complex. Nearby, large corporations such as Hyundai Steel, Dongbu Steel, and LG Chem, as well as logistics complexes, are established, providing abundant demand in the area.

Convenient living infrastructure is also available. Within an 8 km radius, Dangjin City and Songak-eup are located, where residents can access Homeplus, movie theaters, and citizen parks. Additionally, the Hyundai Steel Culture Center is within walking distance.

The total construction cost of the Dangjin Songsan multi-family housing project is approximately 160 billion KRW, and completion is scheduled for 2025.

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