Ssangyong Construction Signs 215 Billion Won Construction Contract for Donamdong Station Area Regional Housing Project

Supplying 574 Residential Units in Donamdong Area

Ssangyong Construction announced on September 8 that it has signed a construction contract for a regional housing project near Donamdong Station in Seongbuk-gu. The construction cost is 215 billion won.

The project involves the development of a complex of apartment buildings and community facilities on a 13,043-square-meter site at 624 Donamdong, Seongbuk-gu, Seoul. The development will consist of seven buildings with six basement levels and 29 floors above ground, totaling 574 residential units, along with neighborhood living facilities and community support amenities.

Perspective view of the Donam-dong regional housing project. Provided by Ssangyong Construction

The apartment complex will include a total of 574 units: 102 units at 50㎡, 286 units at 59㎡, 28 units at 70㎡, and 158 units at 84㎡. Of these, 410 units will be allotted to association members, 49 units will be sold to the general public, and 115 units will be designated as public rental housing.

The project site is located near Gireum Station on Seoul Subway Line 4, offering convenient access to the city center. The area is centered around the nearby Gireum New Town, which provides well-established residential infrastructure, allowing residents access to essential amenities such as hospitals and large supermarkets.

A Ssangyong Construction official said, "We will do our utmost to present a differentiated residential complex based on our housing construction expertise and technology accumulated both domestically and internationally."

Meanwhile, Ssangyong Construction is expanding its order book by focusing on sites within Seoul. In addition to the Hongeun-dong street housing redevelopment project, the Siheung 5-dong Moa Town project, the Cheonho-dong street housing redevelopment project, and the Noryangjin Eunha Mansion area redevelopment, the company has also secured the construction rights this year for the street housing redevelopment project in the Changjeon-dong 46-1 area of Mapo.

This content was produced with the assistance of AI translation services.