SEOUL, Sept. 10 (Korea Bizwire) – The disparities in South Korea’s apartment market are becoming increasingly pronounced, with a widening gap between the capital region and other parts of the country, according to a recent report on real estate auctions. Data released on September 9 by GG Auction, a specialist in foreclosure and public auction information, [...]
SEOUL, Sept. 10 (Korea Bizwire) — Taihan Cable & Solution Co., South Korea’s second-biggest cable company, said Tuesday it has completed building a fiber optic cable plant in Kuwait to expand into the Middle East market. Under a partnership with local builder Rank General Trading and Contracting Co., Taihan Cable has built the plant, the [...]
SEOUL, Sept. 5 (Korea Bizwire) – A new study has revealed the stark reality of homeownership in South Korea’s capital, where the average family would need to save their entire income for over a decade to afford a mid-priced apartment. According to data from KB Real Estate Data Hub released on September 3, a household with [...]
SEOUL, Sept. 3 (Korea Bizwire) — As South Korea grapples with shifting demographics and evolving living patterns, major construction companies are introducing innovative apartment designs that allow residents to easily modify their living spaces. On August 31, industry leaders showcased new floor plans that break from traditional layouts, offering adaptable structures that can be customized to [...]
SEOUL, Sept. 2 (Korea Bizwire) –In a bold move that could redefine urban living, Samsung C&T’s construction division announced on Monday its plans to introduce a range of cutting-edge technologies in its upcoming apartment complex, Raemian Songdo Station Centripole, set to launch in Incheon’s Yeonsu district this October. The project, fully managed by Samsung C&T [...]
SEOUL, Sep. 2 (Korea Bizwire) — In a country where high-rise apartment living is the norm, South Korean developers are pushing the boundaries of residential amenities, transforming communal spaces into hubs of wellness, culture, and community engagement. Hyundai Engineering, one of South Korea’s leading construction firms, announced on September 1 that it will debut a suite [...]
SEOUL, Aug. 16 (Korea Bizwire) – In a surprising fusion of construction wear and fashion, Hyundai Construction has unveiled a stylish new work jacket that’s capturing the imagination of its employees across generations. The company announced on August 15 that it has released an MA-1 Padded Jumper as an exclusive jacket for Hyundai Construction employees, in [...]
SEOUL, Aug. 9 (Korea Bizwire) – In a groundbreaking development for the construction industry’s fight against climate change, Hanil Cement has successfully tested a new type of floor mortar that actively captures carbon dioxide. This innovative product, unveiled on August 8, marks the first time in South Korea that carbon capture, utilization, and storage (CCUS) technology [...]
SEJONG, Jul. 25 (Korea Bizwire) – The South Korean Ministry of Land, Infrastructure and Transport announced on July 24 that 12 new construction technologies, including a method for inspecting concrete cracks using autonomous drones, have been designated as innovative construction technologies for the first half of this year. Since 1989, the government has been designating new [...]
SEOUL, Jul. 18 (Korea Bizwire) — South Korea’s Bando Engineering & Construction (E&C) Co. said Thursday it has purchased part of a building in the commercial district of New York that is widely considered a landmark of the major U.S. city. Bando E&C said it has purchased the section from the basement level to the [...]