Samsung C&T Selected as Contractor for $340 Million Shinjeong 1152 Redevelopment Project in Seoul

Reporter Kim Jisun / approved : 2025-07-21 03:06:22
  • -
  • +
  • 인쇄

Photo = Yonhap news

 

 

[Alpha Biz= Kim Jisun] Samsung C&T’s Engineering & Construction Group has been officially selected as the contractor for the Shinjeong 1152 redevelopment project located in Yangcheon-gu, Seoul.



According to Samsung C&T on July 20, the Shinjeong 1152 Redevelopment Association approved the selection of Samsung C&T as the construction contractor during a general meeting held on July 19.



The project involves the construction of 14 residential buildings with four underground and up to 15 above-ground floors, totaling 971 apartment units along with various community facilities. The total construction cost is estimated at approximately KRW 450.7 billion (around USD 340 million).



Samsung C&T proposed the new complex name “Mokdong Raemian TRAMAISON,” a blend of the Italian word “TRA” (meaning center) and the French word “MAISON” (meaning house). The name reflects the company’s vision to develop the project into a landmark complex in Mokdong, surrounded by the expansive Gye-nam Neighborhood Park.



Optimizing the original design of 16 buildings into 14, Samsung C&T has ensured that 578 units will feature permanent views of Gye-nam Park. Additionally, four different site levels will be consolidated into two to improve connectivity, and a new green space of approximately 4,978 square meters will be created within the development.



The project will also feature a high-end community center equipped with 30 amenities, including a panoramic 360-degree sky lounge, indoor gym, golf range, sauna, and study lounges, providing residents with an exceptional residential experience.

 

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

어플

주요기사

Bomb Threats Target Major Korean Companies Including Samsung Electronics2025.12.19
FSS Raises Consumer Alert to “Warning” Over Secondary Scams Linked to Coupang Data Breach2025.12.19
Final U.S. Defense Authorization Bill Omits Provisions Supporting South Korea-Japan Shipbuilding Cooperation2025.12.19
Controversy Surrounds KT’s Former Outside Director Cho Seung-ah Amid Dual Directorship Issue2025.12.19
Samsung Securities Lowers LG Energy Solution Target Price to KRW 480,000 Amid Contract Cancellations2025.12.19
뉴스댓글 >

건강이 보이는 대표 K Medical 뉴스

HEADLINE

PHOTO

많이 본 기사