Seohui Construction Proves Order-Winning Strength, Expands from Urban Renewal to Public Housing
Seohui Construction is accelerating the diversification of its business portfolio by achieving a series of new orders across urban renewal projects, private housing projects, and public housing construction.
Seohui Construction was recently selected as the contractor for the "Mok-dong 657-1 Street Housing Maintenance Project," which is being promoted in the Mok-dong area of Yangcheon-gu, Seoul. This is the first street housing maintenance project that Seohui Construction is carrying out in Seoul. On a site of 9,938 square meters, the company plans to build four apartment buildings with four basement levels and 20 above-ground floors, totaling 298 units, along with ancillary facilities such as a daycare center, senior citizens' center, and fitness space, as well as neighborhood living facilities. The complex is characterized by its location adjacent to the Mok-dong school district, and by convenient access to Deungchon Station on Subway Line 9, various lifestyle amenities, and surrounding green spaces.
The company is also continuing to secure large-scale orders in the private housing business segment. Seohui Construction signed a contract with the Yamok Area Housing Association for the construction of the "Yamok Station Phase 2 Lumiel Star Hills" apartment complex, a project worth approximately 266.6 billion won. This project will be developed in the Gupo-ri area of Hwaseong-si, Gyeonggi-do, with 11 buildings ranging from three basement levels to 29 above-ground floors, totaling 975 units. The contract period runs from June 30, 2026, to November 30, 2029.
The company is also continuing to win orders in the public housing sector. Seohui Construction signed a contract for the "Siheung Geomo A-10BL Apartment Construction Section 4" project, ordered by Korea Land and Housing Corporation (LH). This project, located in the Geomo-dong area of Siheung-si, Gyeonggi-do, will consist of six buildings with two basement levels and up to 25 above-ground floors, totaling 301 units. The contract amount is approximately 81.3 billion won, and completion is scheduled for January 2029. This is the second LH public housing order the company has won this year, following the previously signed "Hwaseong Dongtan 2 C27BL Apartment Construction" project.
In addition, Seohui Construction has continued to grow in size in recent years by expanding its order backlog and business scope. In the "2025 Construction Capability Evaluation for Construction Companies" announced by the Ministry of Land, Infrastructure and Transport, the company ranked 16th in the civil engineering and building works category, with a construction capability evaluation amount of 2.8774 trillion won. This evaluation amount has been increasing step by step compared with previous assessments. This is seen as the result of the company enhancing its competitiveness as its construction experience and performance, centered on area housing association projects, have accumulated over time.
Hot Picks Today
"You Can Only Have This in Korea": Which Nation...
- "I Just Want to Sleep": Prime Minister Takaichi's Struggles?Frozen Meals, Two Ho...
- Iran Begins Collecting Hormuz 'Transit Fee' in Cash, Not Cryptocurrency
- This Is Truly "Unbelievable Stories"... Went to Renew License, Flagged as Identi...
- "This Has Never Happened to Me in Korea"... Gwangjang Market Stall That Charged ...
A Seohui Construction official stated, "Even in a situation where uncertainty in the market environment continues, we are focusing on stable business operations by pursuing a balanced mix of area housing association projects, urban renewal projects, and government contracts," adding, "We are prioritizing the flawless execution of ongoing projects and will concentrate our capabilities on improving residential quality and consumer satisfaction, thereby steadily building a trusted foundation for growth over the mid to long term."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.