Top 10 Construction Companies Launching Final Housing Sales of the Year, Supplying 37,000 Units Nationwide
[Asia Economy Reporter Cha Wanyong] The top 10 construction companies ranked by construction capability are expected to release about 37,700 households across 40 complexes nationwide within this year. This is based on solo construction excluding consortium sales volumes such as the Dunchon Jugong Reconstruction Apartment (Olympic Park Foreon) in Gangdong-gu, Seoul.
According to real estate market analysis firm Real Estate Info on the 22nd, the total number of general sale units scheduled for sale nationwide by the end of this year is 86,158 households (excluding rental units; November includes pre-sold units).
Among these, the top 10 construction companies plan to sell units in 40 complexes totaling 37,740 households, with 29,094 households available for general sale. This represents approximately 1.8 times more total households and 1.6 times more general sale units compared to the same period last year.
In Seoul, GS Construction is preparing to sell ‘Jangwi Xi Radiant’ in Jangwi-dong, Seongbuk-gu. Out of a total of 2,840 households, 1,330 will be for general sale.
Supply is also planned in the metropolitan area, which was removed from the regulated zones starting from the 14th. In Dongtan 2 New Town, Hwaseong-si, Gyeonggi-do, DL E&C is scheduled to sell 'e-Pyeonhansesang Dongtan Park Honors,' consisting of 13 buildings and 800 households.
Hyundai Construction plans to supply ‘Hillstate Incheon City Hall Station’ in Ganseok-dong, Namdong-gu, Incheon; Hyundai Engineering will supply ‘Hillstate Asan Central’ in Oncheon-dong, Asan-si, Chungnam; and POSCO Construction plans to supply The Sharp apartments redeveloped from Jooan 10 District in Jooan-dong, Michuhol-gu, Incheon within this year.
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A real estate industry official said, “Since these are planned volumes until December this year, there is a possibility of reduction depending on the situation,” adding, “As the government lifted regulations on all areas except some parts of Seoul and Gyeonggi-do on the 10th, it is expected that the top 10 construction companies will actively supply their final sales volumes to attract buyers.”
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