Taeyoung Construction Wins 255 Billion KRW Seomyeon Medical Regional Housing Project Contract
Construction of 49-Story Building with a Total Floor Area of 135,902.58㎡ in Buam-dong, Busanjin-gu
[Asia Economy Reporter Moon Chaeseok] Taeyoung Construction announced on the 21st that it has been selected as the contractor for the Seomyeon Medical Regional Housing Association project in Buam-dong, Busan Metropolitan City.
The project involves constructing 831 residential units and auxiliary facilities with a total floor area of 135,902.58㎡, ranging from three basement floors to 46 above-ground floors, at 705-1 Buam-dong, Busanjin-gu, Busan.
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The estimated construction cost is 255.2931 billion KRW, which is about 9.28% of the recent sales revenue. The construction period is 52 months from the actual start date.
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