SK Ecoplant Wins Sinbanpo 20th Apartment Redevelopment in Seocho-gu with 190 Units

SK Ecoplant announced on May 18, 2026, that it has been awarded the contract for the redevelopment project of the Sinbanpo 20th Apartment in Seocho-gu, Seoul. The Sinbanpo 20th Apartment redevelopment involves constructing four apartment buildings with a total of 190 units and auxiliary facilities at 60-78 Jamwon-dong, Seocho-gu, Seoul, ranging from four underground floors to 35 above-ground floors. The total contract value is approximately 204.8 billion won. The project site is located in the core area of Gangnam, within the Banpo and Jamwon residential districts, and is considered to have a premium transportation advantage. Banpo Station on Subway Line 7 is about a two-minute walk away, and Jamwon Station on Line 3 can be reached in about seven minutes on foot, making it a dual-station area. In addition, Olympic-daero and the Gyeongbu Expressway are nearby, offering convenient access by car to all areas of Seoul and the greater metropolitan region. There are various educational facil

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05.18 10:01

Hyundai E&C Opens Safety Experiential Training Center at Shin Hanul Units 3 and 4 Site

Hyundai Engineering & Construction announced on May 18 that it has established a dedicated experiential training facility for the prevention of industrial accidents at the construction site of Shin Hanul Units 3 and 4, which are being built in collaboration with Doosan Enerbility and POSCO E&C. This is the first safety experiential training center established at a construction site in Korea. It is designed to allow workers to directly experience and develop response capabilities for the most frequently occurring types of accidents. The center operates 13 experiential programs across five zones, including a fire safety zone. In addition to safety training tailored to accident types such as falls, suffocation, fires, and electric shocks, the facility also offers health education on CPR, use of automated external defibrillators, and prevention of musculoskeletal disorders. In the virtual safety zone, immersive disaster scenarios are recreated using 4D extended reality (XR) facilities, mu

Dev·Sales

05.18 09:48

Daewoo E&C Selected as Main Contractor for Cheonho-dong Public Redevelopment... First Use of High-End Brand

Daewoo Engineering & Construction announced on May 18 that it has been selected as the main contractor for the public redevelopment and maintenance project in the Cheonho A1-1 District of Gangdong-gu, Seoul. The project involves constructing eight apartment buildings with a total of 747 units, ranging from five basement levels to 40 above-ground floors, along with community and welfare facilities at 467-61 Cheonho-dong. The total construction cost is 372 billion won (excluding VAT). Daewoo Engineering & Construction has decided to introduce its high-end "Summit" brand for the first time in a public redevelopment project. The company proposed naming the complex "Triver" to reflect the three main residential buildings and the Han River view. The design was developed in collaboration with the international architectural firm UNStudio, known for projects such as the Mercedes-Benz Museum in Germany and Arnhem Central Station in the Netherlands. The exterior will feature curtain wall finishe

Dev·Sales

05.18 09:45

[Report] "Spacious Pantry but Disappointing Details"... A Visit to the 2.8 Billion Won Standard Acro River Sky

"The layout, which allows two-way access to the pantry from both the kitchen and the living room corridor, is quite impressive. However, preferences may be divided depending on individual lifestyles," said Ms. Lee, a 49-year-old resident of Mapo-gu. 'Acro River Sky,' the second project to be offered for sale in Seoul's Noryangjin New Town, opened its model house on May 15 and officially began preparations for sales. Despite controversy over the high pre-sale price, with the maximum price for the standard 84㎡ unit approaching 2.8 billion won, market attention is focused on whether it will sell out, thanks to its accessibility to the Yeouido business district and the application of DL E&C’s high-end brand ‘Acro’.Acro River Sky is a redevelopment of Zone 8 in Noryangjin. The complex will consist of 10 buildings, 29 floors above ground and 4 floors underground, with a total of 987 units ranging from 36㎡ to 140㎡ in exclusive area. Of these, 285 units will be available for general sale. Even

General

05.18 07:39

Seoul City Publishes Collection of 30 Architectural Designs Selected by Citizens

The Seoul Metropolitan Government announced on May 18 that a collection featuring 30 outstanding architectural designs selected by citizens will be released as a publication. The city has published the "2025 Collection of Outstanding Designs" to discover architectural designs and enhance the value of urban design. The 30 featured works in the publication were chosen from agenda items reviewed by the Seoul Architectural Committee last year. After an initial shortlist was created through practical review and a preliminary assessment by experts, the final rankings were determined by a public vote. The winners in each category are as follows: In the public architecture category, the "International Design Competition for the Construction of the New Gangbuk-gu Office Building" (Suyu-dong, Gangbuk-gu); in the general architecture category, the "Jamsil Sports·MICE Complex Space Private Investment Project" (Jamsil-dong, Songpa-gu); and in the multi-family housing category, the "Yeouido Gongjak

General

05.18 06:00

Did Multi-Homeowners Keep Only 'One Smart Home'? 80% of Seoul Apartments Sold for 1.5 Billion Won or Less

In the past few months, as the government's temporary suspension of the heavy capital gains tax for owners of multiple homes neared its end, more than 8 out of every 10 apartments traded in Seoul were mid- to low-priced properties worth 1.5 billion won or less. Contrary to the government's intention to regulate high-priced properties in the Gangnam area, owners of multiple homes opted to sell off lower-priced apartments outside Gangnam, where the tax burden was lighter, in order to consolidate their assets into a single, high-quality property. According to the Ministry of Land, Infrastructure and Transport's actual transaction price system on May 17, the proportion of apartment sales contracts in Seoul for properties priced at 1.5 billion won or less, reported from February this year—when tax-driven selling began in earnest—until May 16, reached 81.6%. This figure is up 3.4 percentage points from the previous three months (November last year to January this year), when the proportion w

General

05.17 12:10

Gangdong-gu to Begin Samik Park Apartment Reconstruction Relocation on July 1

SK Ecoplant Wins Sinbanpo 20th Apartment Redevelopment in Seocho-gu with 190 Units

Hyundai E&C Opens Safety Experiential Training Center at Shin Hanul Units 3 and 4 Site

Daewoo E&C Selected as Main Contractor for Cheonho-dong Public Redevelopment... First Use of High-End Brand

[Report] "Spacious Pantry but Disappointing Details"... A Visit to the 2.8 Billion Won Standard Acro River Sky

Seoul City Publishes Collection of 30 Architectural Designs Selected by Citizens

Did Multi-Homeowners Keep Only 'One Smart Home'? 80% of Seoul Apartments Sold for 1.5 Billion Won or Less

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