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Samsung C&T Wins 2 Trillion Won Yeouido Pilot Reconstruction Project… Transformed Into 2,491 Units

Summary by 조선일보
Samsung C&T’s construction division has secured the construction rights for the reconstruction project of the Yeouido Sibeom Apartments in Seoul, worth approximately 2 trillion won. According to the urban development industry on the 18th, Korea Asset Trust, the project developer, held a general meeting of landowners on the 16th and approved the selection of Samsung C&T as the contractor. Previously, the competitive bidding process failed twice a…

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The largest reconstruction project in Yeouido, Seoul, is now on track. Samsung C&T announced on the 19th that it has been finally selected as the contractor for the reconstruction of the Sibeom Apartments in Yeouido-dong, Yeongdeungpo-gu, Seoul, a redevelopment project worth approximately 2.2 trillion won. On the same day, Yeongdeungpo-gu approved the project implementation plan for the Sibeom Apartments redevelopment project. This project is lo…

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Samsung C&T’s construction division has secured the construction rights for the reconstruction project of the Yeouido Sibeom Apartments in Seoul, worth approximately 2 trillion won. According to the urban development industry on the 18th, Korea Asset Trust, the project developer, held a general meeting of landowners on the 16th and approved the selection of Samsung C&T as the contractor. Previously, the competitive bidding process failed twice a…

Samsung C&T has been finally selected as the contractor for the reconstruction of the Sibeom Apartment in Yeouido-dong, Yeongdeungpo-gu, Seoul, worth 2.2 trillion won.

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(Photo = Newsis) [News Tomato Reporter Lee Hye-hyun] Samsung C&T’s construction division has secured the construction rights for the reconstruction of the Yeouido Sibeom Apartment complex in Seoul, worth approximately 2 trillion won. According to the urban renewal industry on the 18th, Korea Asset Trust, the project implementer, passed a resolution to select Samsung C&T as the contractor at a general meeting of landowners on the 16th.

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조선일보 broke the news on Sunday, October 18, 2026.
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