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Samsung C&T Wins Bid for Prestigious Hannam District 4 Development Project

Samsung C&T Wins Bid for Prestigious Hannam District 4 Development Project

SEOUL, Jan. 21 (Korea Bizwire) — South Korea’s leading construction company, Samsung C&T, has secured the rights to develop the Hannam District 4 redevelopment project, outbidding its rival Hyundai Engineering & Construction and marking its entry into the Hannam New Town development project.  The win positions Samsung C&T favorably for future landmark projects, including the highly [...]

Some 8,000 Homes to Relocate as Seoul’s Hannam Neighborhood Undergoes Redevelopment

Some 8,000 Homes to Relocate as Seoul’s Hannam Neighborhood Undergoes Redevelopment

SEOUL, Oct. 30 (Korea Bizwire) — Over 8,000 households in Seoul’s Hannam neighborhood will begin vacating their homes Monday as part of a redevelopment project that will turn the sprawling residential area into high-rise apartments, ward officials said. The approximately 386,000-square-meter area, spanning parts of Hannam-dong and Bogwang-dong in Yongsan Ward, was initially designated for [...]