Bullstory
Jun 14, 2026

Samsung C&T selected as contractor for Bangbae Sin Samho reconstruction… construction cost 6,538hundred million won

Samsung C&T’s construction division has been finally selected as the contractor for the Bangbae Sin Samho reconstruction project in Seocho-gu, Seoul. The construction cost is 6,538hundred million won, and the association’s general meeting passed the selection agenda on 6.13Construction-related investors need to confirm order intake recognition and the schedules for groundbreaking and sales going forward.

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Samsung C&T selected as contractor for Bangbae Sin Samho reconstruction… construction cost 6,538hundred million won

Samsung C&T’s construction division has been finally selected as the contractor for the reconstruction of the Bangbae Sin Samho apartments in Bangbae-dong, Seocho-gu, Seoul. Samsung C&T announced this fact on 6.14This is a significant order for investors in the construction industry and housing supply.

The association passed a resolution at its general meeting on 6 to confirm Samsung C&T as the final contractor. Samsung C&T was previously selected as the preferred bidder in 13.1this year

The project site covers the area around 725 in Bangbae-dong, Seocho-gu, and the site area is 44,106 square meters. The development is known to comprise 928 households.

The complex is planned from the basement 5 floors to above-ground 41 floors, with 7 buildings. A sky community is scheduled to be created on the highest floor.

Construction costs are 6,538 hundred million won. Samsung C&T proposed “Raemian Le Perium” as the new name for the complex.

The design proposal includes a central plaza of approximately 2,300 pyeong and spaces offering views of the Han River and Namsan Seoul Tower from the highest floor. The exterior is said to feature a design inspired by laurel wreaths and crowns.

The planned community facilities include fitness, a golf club, a swimming pool and 55 programs, while private communities for each building are also scheduled to be created. Samsung C&T said the floor structure would incorporate a patented-technology 1-grade design and a design reflecting seismic-resistance standards equivalent to the highest special grade.

The site is connected to the Gangnam area by Sapyeong-daero and Seocho-daero and is adjacent to school districts including Seorae Elementary School and Banpo Elementary School. The cooperative’s announcement also included a description of the surrounding location.

In a separate report, the Gyeongsangnam-do Office of Education announced that it would administer the written examination for local government officials in 6 month 20 day, with a competition ratio of 9.2 to 1.

Sources: 연합인포맥스,연합뉴스 경제,뉴시스 경제

Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.