HDC Labs Wins Minister of Land, Infrastructure and Transport Award at the 10th Real Estate Industry Day

Recognized for Excellence in Public-Supported Private Rental Housing Services and Contributions to Enhancing Tenant Satisfaction

[HDC Labs CEO Kim Seongeun (fifth from the left) and employees share the joy of receiving the Minister of Land, Infrastructure and Transport Commendation at the 10th Real Estate Industry Day.]

HDC Labs, a spatial AIoT solutions company led by CEO Kim Seongeun, announced that CEO Kim received the Minister of Land, Infrastructure and Transport Commendation at the 10th Real Estate Industry Day event held on November 11.

The Real Estate Industry Day event has been held annually since 2016, recognizing individuals who have contributed to the development of the real estate industry and hosting award ceremonies. The event also serves as a forum to discuss directions for mutual growth and innovation within the industry. This year, the event was organized by the Korea Real Estate Economic Organizations Federation and sponsored by the Ministry of Land, Infrastructure and Transport, Korea Land and Housing Corporation, Korea Real Estate Board, and Housing and Urban Guarantee Corporation.

CEO Kim Seongeun was awarded the Minister's Commendation in recognition of her contributions to enhancing residential satisfaction through the advancement of public-supported private rental housing services and the establishment of a tenant-centered service operation system. HDC Labs has managed a wide range of projects in public-supported and private rental housing, with a particular focus on promoting residential stability for vulnerable groups and the middle class.

As a result, in 2025, Gocheok IPARK and Geomdan Hansin The Hue Urban Park, both public-supported private rental housing complexes, received the highest certification in the main evaluation for residential services. These complexes were also selected as exemplary sites for their outstanding use of community spaces and the operation of residential services utilizing community activists among public-supported private rental housing projects nationwide. The two complexes received high praise for reflecting the diverse lifestyles and needs of residents by implementing: ▲ multipurpose use of community facilities ▲ resident participation programs led by community activists ▲ tailored services based on surveys of residential service preferences.

Additionally, Gocheok IPARK, operated by HDC Labs, was recognized by the Housing and Urban Guarantee Corporation (HUG) as an exemplary case of public-supported private rental housing and was selected as an official site visit for the World Bank Kenya-India Study Tour. This training program, co-hosted by the World Bank and the Korea Green Growth Trust Fund (KGGTF), will be held from November 10 to 14, with government officials and housing specialists from Kenya and India visiting Gocheok IPARK to benchmark its operational system and residential service model. This achievement demonstrates that HDC Labs' capabilities in managing rental housing are recognized as a best practice not only domestically but also internationally.

This year, HDC Labs has taken a significant step forward as a leading proptech company by acquiring the business operations of Real Estate R114. By combining Real Estate R114's extensive data assets with its own AIoT technology and platform operation expertise, HDC Labs is advancing AI-based solutions for real estate, smart homes, and smart buildings, thereby offering differentiated real estate services to the market.

CEO Kim Seongeun commented, "This award is the result of HDC Labs' ongoing efforts to innovate residential value with a resident-centered approach. We will continue to develop data-driven smart residential services to enhance residential stability and quality of life."

She added, "I believe that services connecting space, technology, and people are the true source of future competitiveness. HDC Labs will continue to set the standard for residential quality that residents can truly experience and will grow as a company that contributes to the sustainable development of the real estate industry."

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