Samsung C&T Wins 1.8 Trillion Won Seongsu District 3 Redevelopment Project [Real Estate AtoZ]
Complex to Be Named 'Raemian Revir Seongsu'
Samsung C&T Corporation has been selected as the contractor for the redevelopment project of Seongsu District 3 in Seongdong-gu, Seoul, with a construction cost totaling 1.8275 trillion won.
According to the maintenance industry on September 21, the redevelopment association of Seongsu District 3 held a general meeting on September 19 and approved the proposal to appoint Samsung C&T Corporation as the contractor.
The project site covers the Seongsu 2-ga 1-dong area in Seongdong-gu. The plan includes constructing 2,203 apartment units in 11 buildings, up to 72 floors high, along with office and neighborhood living facilities.
Samsung C&T Corporation has proposed 'Raemian Rever Seongsu (RAEMIAN REVIR SEONGSU)' as the name for the new development. 'Revir' is the Swedish word for a realm of absolute value.
The exterior design will be handled by the British architectural firm Foster + Partners. A tower with a maximum height of 250 meters will be placed at the center of the development. The plan includes 1,216 units with expanded view areas to ensure all 959 association members receive units with views of the Han River. There will be 1,588 units with three-sided open layouts, 995 units with entire Han River views, and penthouse units featuring nine-sided open layouts. High-end, specialized spaces with dry floors and modular bathrooms will be introduced in 24 units across two buildings along the Han River.
The community facilities will cover 12,578 pyeong (approximately 41,600 m²), averaging about 7.2 pyeong per household. A 55-meter-long connecting corridor facing the Han River will feature a panoramic pool, lounge, and guesthouse. Large-scale underground community spaces will include a golf club, swimming pool, and lounge restaurant. Landscaping will be designed in collaboration with U.S.-based design group SWA. There are also plans to create a central square covering 16,000 pyeong (approximately 52,900 m²) within the complex.
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Lim Cheoljin, Head of the Housing Business Division at Samsung C&T Corporation, stated, "We have incorporated meticulous and distinctive design elements throughout the development to fully maximize the locational value of Seongsu District 3. Based on Samsung C&T Corporation's expertise in high-rise construction and future residential technology, we will create a new landmark representing the Seongsu Han River area."
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