Daishin Asset Trust Designated as Developer for Ansan Gunja Jugong Complex 10

Daishin Asset Trust has been designated as the developer for the redevelopment of Gunja Jugong Complex 10 in Ansan, and will begin full-scale development of a large-scale branded residential town around Seonbu Station through an integrated project with the neighboring Complex 9.

On April 21, Daishin Asset Trust, an affiliate of Daishin Securities, announced that it had been officially designated as the developer for the Gunja Jugong Complex 10 redevelopment project by the city of Ansan on April 15.

The Gunja Jugong Complex 10 redevelopment project is expected to create a new complex with around 1,000 households, boasting a prime location just a six-minute walk from Seonbu Station on the Seohae Line. The area is surrounded by educational institutions such as Seonbu Elementary School, Jeongji Elementary School, and Wonil Middle School, as well as abundant green spaces like Saetteo Park, making it likely to become a key residential area in the region.

Daishin Asset Trust plans to maximize project synergy through simultaneous development with the adjacent Gunja Jugong Complex 9. Gunja Jugong Complex 9 has already selected Daishin Asset Trust as its developer, and after undergoing an integrated review last year, is set to apply for a development permit this year.

Both complexes are expected to complete contractor selection within the year, signaling the formation of a large-scale, newly built branded town in the Seonbu-dong area.

Songgyu Kim, CEO of Daishin Asset Trust, stated, "As the project developer, we will carry out the redevelopment swiftly and transparently, leveraging our expertise," adding, "We will provide residents with a high-quality living environment by ensuring smooth progress through subsequent procedures, including the integrated review."

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