Even With a 900 Million Won Deposit and 2.5 Million Won Monthly Living Expenses, Residents Say "It's Good to Be Taken Care Of"... Inside a Luxury Silver Town [Opening Silver Housing]

Choi Jinhee (age 74), who moved into "Baegunhosu Prugio Forest Morning" (hereafter "Forest Morning") in Uiwang-si, Gyeonggi Province with her husband after retiring from life in the United States, said, "What I dislike most as I get older is cooking and cleaning," adding, "Now that I am freed from housework and treated with respect, I really enjoy life." In the morning, she attends exercise classes. During the day, she plays table tennis and golf with other residents. On Wednesdays and Fridays, she takes line dance lessons. Choi said, "Living here, there is no time to feel depressed or bored." Seo Hye-eun (age 95) moved into "Wirye Symphonia" (hereafter "Symphonia") in Songpa-gu, Seoul two months ago after losing his wife. Seo said, "I no longer need honor or have any greed," adding, "I decided to move here because I want to live out my life in good health." Older adults are opening their wallets to escape decades of housework and to receive immediate medical care in emergencies. The

Dev·Sales

04.22 07:20

Lotte Engineering & Construction Recruiting Seoul-Based Startups with Innovative Construction Site Technologies

Lotte Engineering & Construction is recruiting Seoul-based startups with innovative technologies that can be applied to construction sites. On April 20, Lotte Engineering & Construction announced that, in partnership with Seoul Startup Hub Seongsu operated by the Seoul Metropolitan Government and the Seoul Business Agency (SBA), it will openly recruit companies to participate in its open innovation program from today until May 11. The recruitment areas include technologies related to improving efficiency and safety at construction sites, such as AI-based record management, AI indoor positioning, and integrated robot control. A total of three companies will be selected. The final companies will conduct Proof of Concept (PoC) directly with Lotte Engineering & Construction’s business departments and receive support for subsequent business commercialization. Among them, startups based in Seoul that have been established for 10 years or less will be eligible to receive commercialization su

Dev·Sales

04.20 11:38

'1 Billion Won Profit' Ichon Leelle, Minimum Winning Score 69 Points... Even a Perfect Score for a Four-Person Household Barely Qualifies

The cutoff score for winning the subscription lottery for 'Ichon Leelle' in Ichon-dong, Yongsan-gu, Seoul, which is expected to yield a capital gain of around 1 billion won, was revealed to be 69 points. This indicates that only applicants with the highest possible score for a four-person household were able to secure a winning spot. According to the Korea Real Estate Board’s subscription website on April 20, the minimum winning score for the five housing types (exclusive areas of 100, 106, 117, 118, and 122 square meters) that received first-priority applications for this complex was 69 points across the board. The maximum possible score for apartment subscriptions is 84 points. Even if an applicant secures the full 49 points by maintaining both a non-homeownership period (up to 32 points) and a subscription account period (up to 17 points) for more than 15 years, the total score will vary depending on the number of dependents (up to 35 points). To receive the full score for dependent

Dev·Sales

04.20 11:03

Woomee Construction to Launch Sales of 'Goyang Changneung Woomeerin Greenity' in Third Phase New Town in May

Woomee Construction announced on April 20 that it will begin sales of the apartment complex 'Goyang Changneung Woomeerin Greenity' in the third phase of the new town development in Changneung, Goyang, Gyeonggi Province, next month. This is a public sale apartment project where Korea Land and Housing Corporation (LH) provides the land and a private construction company participates. The main subscription will be held for all units except those already allocated in the preliminary subscription conducted in July 2022. The complex will be built on Block S-1 of the Goyang Changneung District. It will consist of four buildings, each with two basement levels and 29 floors above ground, totaling 494 units. The apartment sizes, based on exclusive area, will be 59㎡, 74㎡, and 84㎡, catering to high demand for small and medium-sized units. This will be the first time a private brand apartment is introduced in the Goyang Changneung District. Previously sold complexes in Blocks A4, S5, and S6 were su

Dev·Sales

04.20 10:49

"Offices at Your Doorstep": Jeongdong Lotte Castle 136 Launches in Central Seoul with 102 Urban Lifestyle Units and 34 Officetels

Lotte Construction announced on April 20 that it will officially begin sales with the opening of the model home for "Jeongdong Lotte Castle 136," a small residential complex tailored for single- and two-person households. Located in Sunhwa-dong, Jung-gu, Seoul, the complex consists of 102 urban lifestyle housing units and 34 officetel units, totaling 136 units. Of these, 62 urban lifestyle housing units and 34 officetel units will be available for general sale. The general sale residential units are offered in a single size of 59 square meters of exclusive area, while the officetel units are available in 118 square meters and 119 square meters. The complex is a non-regulated product comprising apartment-style housing and officetels. Unlike apartments, there is no mandatory residency requirement for the initial buyers. In addition, any domestic resident aged 19 or older can apply, regardless of whether they hold a subscription savings account or their place of residence, and there are n

Dev·Sales

04.20 10:30

Hyundai E&C Launches Safety Program for SMEs and Foreign Workers

Hyundai Engineering & Construction announced on April 20 that it has introduced a field-oriented program to operate worksites more safely. The aim is to enhance education and communication for small and medium-sized partner companies and foreign workers, while also leveraging advanced technology to reduce safety blind spots. The company has implemented the "Visiting Safety Culture Experience" training. This is a mobile experiential training program utilizing a dedicated vehicle. It combines experiential content and virtual reality (VR) equipment centered on major high-risk work types such as working at height, confined spaces, electricity, and construction machinery, enabling participants to directly experience a variety of work environments. The program is designed to help on-site workers recognize risk factors for each work type more intuitively. On April 16, the training was conducted for 30 on-site employees at the Gwangmyeong redevelopment site. Hyundai Engineering & Construction

Dev·Sales

04.20 10:11

[Reporter’s Notebook] "Silver Housing" Still Not Recognized as "Housing"

Even With a 900 Million Won Deposit and 2.5 Million Won Monthly Living Expenses, Residents Say "It's Good to Be Taken Care Of"... Inside a Luxury Silver Town [Opening Silver Housing]

Lotte Engineering & Construction Recruiting Seoul-Based Startups with Innovative Construction Site Technologies

'1 Billion Won Profit' Ichon Leelle, Minimum Winning Score 69 Points... Even a Perfect Score for a Four-Person Household Barely Qualifies

Woomee Construction to Launch Sales of 'Goyang Changneung Woomeerin Greenity' in Third Phase New Town in May

"Offices at Your Doorstep": Jeongdong Lotte Castle 136 Launches in Central Seoul with 102 Urban Lifestyle Units and 34 Officetels

Hyundai E&C Launches Safety Program for SMEs and Foreign Workers

Special Coverage

In the News