Business · Companies · 3 hrs ago
Dong-A Construction named preferred bidder for 362-home Seoul project
Dong-A Construction Industry was named preferred negotiating bidder for a housing project in Hyeonjeo-dong, in Seoul’s Seodaemun district.
The plan is to build 362 apartments.
The project is part of Seoul’s Moa Town scheme, which groups older, low-rise residential areas for development when large-scale redevelopment is difficult.
Dong-A Construction is an affiliate of the construction division of SM Group.
This is the group’s first preferred-bidder selection for a Seoul redevelopment or reconstruction project.
The company is now in the preferred negotiation position; the source does not say when construction will begin.
Dong-A Construction Industry was named the preferred negotiating bidder to build the Hyeonjeo-dong Moa Town project in Seoul.
The project is planned to include 362 apartments.
The project is in Hyeonjeo-dong, Seodaemun-gu.
The company said this was the first time an SM Group construction affiliate had been named preferred bidder for a redevelopment or reconstruction project in Seoul.
- Who
- Dong-A Construction Industry, a construction affiliate of SM Group.
- What
- It was named preferred negotiating bidder to build a 362-home apartment project.
- When
- The company said it announced the selection on November 2.
- Where
- Hyeonjeo-dong, Seodaemun-gu, Seoul.
- Why
- Not stated
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- Preferred bidder
- Dong-A Construction Industry
- Project
- Hyeonjeo-dong Moa Town
- Planned homes
- 362 apartments
- Location
- Seodaemun-gu, Seoul
- Company milestone
- First such preferred-bidder selection in Seoul for an SM Group construction affiliate