▲ On January 9th, Hyundai E&C acquired the construction license for the remodeling project of Yongin Suji Sinjeong Village Complex 9 worth 228 billion won
    ... Hyundai E&C, as the sole bidder, was selected as the constructor with unanimous approval following the vote on negotiated contract
▲ First sale of the year for urban redevelopment, preserving Korea’s number one competitiveness  in redevelopment/reconstruction market
▲ High-tech B3 to 23rd floor apartment complex “Hillstate Great Nine” with 914 households
    ... Showcases top-class residential masterpiece coming with luxury amenities, specialized high-tech design, top quality finishing materials
▲ Since it is the first order won as sole bidder after setting up a remodeling team last December, the company will showcase the highest level of quality

Hyundai E&C became the sole winner of the project for remodeling the Yongin Suji Sinjeong Village Complex 9.

On January 9th, the Remodeling Project Association for Yongin Suji Sinjeong Village Complex 9 (President Sung Ki-hyeon, hereunder “Association”) announced Hyundai E&C as the final builder for the project, following the extraordinary general meeting held in Dongcheon-dong, Suji-gu, Yongin-si to select the builder for the project. This first order of the year won by Hyundai E&C comes as more significant as the company recorded no.1 for urban redevelopment projects, far ahead of other competitors, with record sales of 4.74 trillion Korean won.

The Yongin Suji Sinjeong Village Complex 9 remodeling is a 228 billion won budget project aiming to extend the 9 apartment buildings of B1 ~ 20th floor of the Sinjeong Village Complex 9 public housing with 812 households located in 76, Pungdeokcheon-ro, Suji-gu, Yongin-si, Gyeonggi-do to 9 buildings of B3~23rd floor with 914 households.

Hyundai E&C will name the complex as “Hillstate Great Nine” and showcase Korea’s top-class residential masterpiece ranging from high-tech amenities, latest specialized design, luxury finishing materials etc. 

Leveraging its leading technology and quality brand competitiveness in Korea, Hyundai E&C will showcase a residential masterpiece equipped with high-tech sky lounge, a 850 pyong large community, luxury landscape finishing materials, kids-specialized zones, 100% ratio of underground parking, 3bay·3 surface open plane, to name a few.

The Yongin Suji Sinjeong Village Complex 9 is at a walking distance from Suji-gu District Office of Sinbundang Subway Line and is located adjoining the Sinwol Elementary School, boasting top-notch transportation and education facilities, with magnificent natural environment such as  Sinjeong Park, Jungpyeong Stream and is ideally located in the vicinity of amenities like district office, library, and big marts.

Hyundai E&C established a remodeling unit within the housing business division last December to strengthen relevant capacity and has been jointly awarded a project for remodeling the Yongin Suji Hyundai Sungwoo Complex 8 with POSCO E&C as a result of its efforts to proactively strengthen competitiveness in securing new deals in new businesses.

A Hyundai E&C official said, “our solid track record in urban redevelopment projects shown by record high earnings last year seem to have resulted in the best outcome in remodeling as well,” adding that “given that Yongin Suji Hyundai Sungwoo Complex 8 Remodeling Project is a project awarded to us as a single builder, especially following the set-up of a remodeling-dedicated unit, we will showcase a residential masterpiece befitting the brand image of Hyundai E&C.”