Samsung C&T, Shinbanpo19·25selected as contractor for integrated reconstruction

Samsung C&T19·25was selected as the contractor for the integrated reconstruction. The selection was announced on 5 month 30 day. This followed the association’s completion of the contractor selection process.

The reconstruction project combines 19 and 25. The complex was named “Raemian Illucella.” The complex’s composition will change through the merger.

Reports said Samsung C&T was chosen as the final contractor. Related articles reported that the contractor selection had been confirmed. They also said that a per-pyeong price of 3 billion won had been promised.

News of the contractor selection was reported as breaking news. Multiple reports said the selection process had been completed through its final stage. Further disclosures on contract details or the project schedule are expected.

The selection is classified as one of the major reconstruction projects in the Sinbanpo area. Reports were based on announcements by the association and Samsung C&T regarding the project's official name and the contractor selection result. Further disclosures are expected to be made public in the future.

The key facts disclosed so far are the contractor selection, the complex name, and the promised price per pyeong. Specific sales plans and contract terms, among other details, will need to be confirmed in future disclosures. Further reports are expected once the parties involved finalize the details through official documents.