#ConstructionCost

Yonhap Infomax Newsinfomaxkorea
2026-02-10

Daewoo E&C and Lotte E&C are competing for the Seongsu District 4 redevelopment project in Seoul, with Daewoo proposing cost-saving measures and favorable financing terms to reduce union members’ burden, while Lotte plans to introduce its high-end ‘Le El’ brand.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-01-16

Daewoo E&C leads a consortium bidding for South Korea's largest-ever civil engineering project, the 10.7 trillion won Gadukdo New Airport, with Hanwha joining and Lotte considering participation as the tender process unfolds.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2026-01-07

South Korea’s top builders, including GS E&C, are fiercely competing for major Gangnam redevelopment projects—Gaepo Woosung 6th and Seocho Jinhung—potentially reshaping Seoul’s high-end urban renewal market in 2024 as associations demand exclusive, premium brands and record construction costs.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-12-22

Lotte Engineering & Construction Co. has secured a 414.7 billion won ($320 million) contract for the Mia 4-1 District redevelopment in Seoul, boosting its annual urban renewal orders to 3.37 trillion won.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-12-05

LH and KEPCO have signed an MOU to jointly build efficient power grids for South Korea’s third-phase new towns, aiming to cut construction costs by KRW 35.2 billion ($27 million) through improved demand forecasting and new load density standards.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-12-01

DL E&C and Samsung C&T have secured a 1.9 trillion won ($1.45 billion) contract to redevelop Seoul’s Jeungsan 4 District, adding 3,509 apartments and advanced amenities.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-09-24

Samsung Electronics is accelerating investment in its Pyeongtaek semiconductor campus, raising construction costs by 52% to 4.2 trillion won ($3.1 billion) and moving up completion by three months, signaling renewed momentum in its chip expansion strategy.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-09-15

HDC Hyundai Development Co. will break ground on the Gwangju Hakdong 4 District redevelopment in H2 2025 after resolving cost disputes, targeting 2029 completion.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-08-25

Hyundai Engineering & Construction unveiled its Apgujeong District 2 redevelopment plan, featuring landmark towers, smart services, and a 2.7 trillion won ($2.03 billion) investment.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-08-24

Samsung C&T Corp. has secured a 675.7 billion won ($510 million) contract to lead the Gaepo Woosung 7th reconstruction in Seoul, pledging premium amenities and rapid project approval.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-07-21

Daewoo E&C and Samsung C&T have launched aggressive campaigns to secure the Gaepo Woosung 7th redevelopment contract in Seoul, unveiling premium brands and competitive terms to win union members’ support.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-07-21

Samsung C&T Corp. has been selected as the main contractor for the Sinjeong-dong 1152 redevelopment in Seoul, a 971-unit project worth 450.7 billion won ($346 million), as the company aims to expand its presence in large-scale urban renewal projects.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-07-11

South Korea moves to mandate third-party verification of construction cost increases for regional housing cooperatives, aiming to curb disputes and enhance transparency after a government survey found frequent conflicts and project delays.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-07-07

The Ministry of Land, Infrastructure and Transport found 293 disputes at 187 regional housing cooperatives nationwide, citing issues like construction cost hikes and embezzlement, and plans a full-scale inspection of all 618 projects by August.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-06-16

Daewoo E&C secures the Gangnam Wonhyoseong Villa redevelopment project in Seoul, launching its new luxury brand "Trana Seorae" with a record-high construction cost per unit and premium amenities, aiming to set a new benchmark in South Korea's high-end residential market.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-06-02

DL E&C Co. has won a 1.76 trillion won ($1.28 billion) contract to redevelop Seoul’s Hanam 5 District, adding 2,401 residential units and expanding its Acro brand presence in key neighborhoods.

en.infomaxai.com/news/articleV

shmue lhizmishmuelhizmi
2024-08-30

I calculated the material cost for my building project:
Material: Plastic pipes
Total Cost: $65940.00
Cost per Unit: $70.00

Bazaar Timesbazaartimes
2024-08-13

Turkiye 🇹🇷: The construction cost index increased by 0.40% 📊 in June, while the annual increase was 66.12%. recorded the lowest increase on a monthly basis since September 2021.

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