Hyundai Engineering & Construction, Apgujeong5district contractor selected · Samsung C&T wins Shinbanpo contract

Hyundai Engineering & Construction was5finally selected as the reconstruction contractor for the district. Reports said construction costs for the project were 1 trillion5,000 hundred million won. The selection was reported on 2026-05-30.

Some reports said the latest contract win had accelerated completion of “Apgujeong Hyundai Town.” The reports focused on the complex’s naming and the confirmation of the contractor. Specific construction start and sales schedules require separate announcements.

Samsung C&T was selected as the reconstruction contractor for Shinbanpo19·25. The company disclosed its final selection. The selected area comprises multiple reconstruction complexes within Shinbanpo.

Hyundai Engineering & Construction conducted first-come, first-served contract signings related to sales of Hillstate Seonam Lake Park in Ulsan. The contracts were reported to be proceeding on a sales-completion basis. The company’s announcements are the reference for specific supply volumes and sale prices.

Several reports simultaneously conveyed that major construction companies, including Hyundai Engineering & Construction and Samsung C&T, had secured reconstruction construction rights and were proceeding with sales contracts. The companies’ disclosures and the status of contract signings were presented as key information. Once additional disclosures are issued, project schedules and cost expenditure plans are expected to be released.