DL Construction, H1 Cumulative Orders of 582.3 Billion KRW... Urban Renewal '1 Trillion Club' Bright Outlook

DL Construction announced on the 19th that, as of the end of June, it has achieved a new cumulative order amount of 582.3 billion KRW based on securing construction rights in urban renewal projects.

Perspective view (top) and aerial view of Moa Town near Myeonmok Station, Seoul. (Photo by DL Construction)

Building on its strong performance in the first half of the year, DL Construction is steadily heading toward joining the '1 trillion KRW club' for urban renewal project orders this year as well. DL Construction, which was launched as Daelim Construction in 2020 following the merger of Samho and Goryeo Development, entered the 1 trillion KRW club for the first time in its history in November of the same year. If it joins the 1 trillion KRW club again this year, it will mark the third time achieving this milestone.

This year, DL Construction is securing project rights for urban renewal projects targeting the Moa Town sites within Seoul and other major key locations nationwide.

First, in the Jungnang-gu area of Seoul, it secured construction rights this year for △ Myeonmok Station District 6 Street Housing Renewal Project and △ Myeonmok Station District 1 Street Housing Renewal Project, promoting the branding of the ‘e-Pyeonhansesang’ town in the Myeonmok Station Moa Town area.

Additionally, in the first half of the year, it acquired construction rights in Moa Town project target or promotion areas including △ Seokgwan-dong, Seongbuk (Seokgwan Street Housing Renewal Project), △ Mangwon-dong, Mapo (Mangwon-dong Street Housing Renewal Project), and △ Sillim-dong, Gwanak (Sillim-dong Street Housing Renewal Project).

Moreover, at the end of March, it also secured orders for street housing renewal projects in Wonjong-dong, Bucheon, achieving simultaneous construction rights acquisition in major metropolitan areas.

Through consecutive orders in the first half of this year, DL Construction achieved a total of 8 projects (1,953 households) and a new cumulative order amount of 582.3 billion KRW based on securing construction rights in urban renewal projects. DL Construction expects to record a cumulative order performance of approximately 1.6101 trillion KRW in urban renewal projects by the end of this year.

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