Business · Companies · 16 hrs ago
Samsung C&T wins Mokdong 13 redevelopment project
Samsung C&T won the contract to redevelop Mokdong 13 in Seoul’s Yangcheon district.
The project will replace 2,280 existing homes with 3,757 apartments in buildings up to 49 floors.
It is valued at about 2.38 trillion won, and Samsung C&T was chosen at a meeting of landowners on Nov.
7.
The company received 1,803 votes in favour from 1,884 people who attended.
This will be the first Raemian-branded complex in Mokdong, and the proposed name is Raemian mo:ve 13.
The redevelopment is part of wider plans for Mokdong New Town, where Samsung C&T has sought projects in odd-numbered complexes.
The company says it plans to pursue nearby complex 9 and complexes 1, 3, 5 and 7 next.
Samsung C&T has been selected to redevelop Mokdong 13 in Seoul’s Yangcheon district.
The project is valued at about 2.3763 trillion won.
It will replace 2,280 existing homes with a complex of 3,757 homes in 21 buildings, reaching up to 49 floors.
Samsung C&T received 1,803 votes from 1,884 attendees at a landowners’ meeting, according to Donga Ilbo.
The company proposed the name RAEMIAN mo:ve 13 for the complex.
- Who
- Samsung C&T’s construction division.
- What
- It won the contract to redevelop Mokdong 13.
- When
- The company announced the award on November 9, 2026. The landowners’ meeting was held on November 7.
- Where
- Mokdong 13, in Shinjung-dong, Yangcheon district, Seoul.
- Why
- The project will replace the existing apartment complex with new homes and related facilities.
This story does not have two clearly opposing sides.
At a landowners’ meeting, Samsung C&T received 1,803 votes from 1,884 attendees, according to Donga Ilbo.
Samsung C&T announced that it had won the Mokdong 13 redevelopment contract.
- Contract value
- About 2.3763 trillion won
- Existing homes
- 2,280
- Planned homes
- 3,757
- Buildings
- 21, with up to 49 floors
- Site area
- 178,919 square metres
- Vote
- 1,803 of 1,884 attendees supported Samsung C&T
What people are saying
As this is the first Raemian project to be introduced in Mokdong, we will bring together Samsung C&T’s design, technology and quality capabilities to complete it as a landmark representing Mokdong.