Investigation Launched into Developer on Charges of Mixed-Use Commercial Property Sales Fraud in Dongjak-gu

The police have launched an investigation into a construction company accused of selling commercial spaces in a mixed-use residential and commercial apartment complex in Dongjak-gu, Seoul, contrary to the sales advertisements.

Underground shopping mall in the advertisement catalog (left) and the actual underground shopping mall (right) / Photo by Hwang Seoyul chestnut@

On the 27th, the Dongjak Police Station in Seoul received a complaint on charges of fraud and is investigating Cheongmin Construction, the developer of the mixed-use building 'Dongjak Hyupsung Huefore.'

Cheongmin Construction is accused of providing a building that differed from the content advertised through sales catalogs and model homes to commercial and office unit buyers in June 2018.

Cheongmin Construction is known to have sold the building differently from the descriptions in the original sales advertisements regarding ceiling height, presence of columns, and the central plaza. Regarding ceiling height, the sales advertisement stated a ceiling height of 5.5 meters, but the actual average ceiling height was only about 2.8 meters.

In some cases, large columns were installed inside the stores, contrary to the sales catalogs where columns were shown to be outside the stores on the floor plans.

Since the commercial area of Dongjak Hyupsung Huefore was flooded due to heavy rain in August last year, buyers have refused to move in, and the underground shopping area is currently vacant.

Meanwhile, Cheongmin Construction is also under police investigation for violating the Act on the Sale of Buildings (Building Sale Act).

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