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GS Construction Wins 392.9 Billion KRW Contract for Redevelopment Project in Manchon 3-dong, Suseong-gu, Daegu

Construction of Apartment Complex with 864 Units and Auxiliary Welfare Facilities
Project Size Equals Approximately 2.9% of GS Construction's Recent Sales

GS Construction has secured a redevelopment project worth a total of 392.9 billion KRW in Manchon 3-dong, Suseong-gu, Daegu.

GS Construction Wins 392.9 Billion KRW Contract for Redevelopment Project in Manchon 3-dong, Suseong-gu, Daegu

On the 10th, GS Construction announced the contract signing for this redevelopment project through a public disclosure, stating that the amount corresponds to approximately 2.9% of its recent sales revenue (13.4366 trillion KRW).


This project involves the construction of a large-scale complex consisting of 10 apartment buildings with 864 units and auxiliary welfare facilities, ranging from 4 basement floors to 28 above-ground floors, located at 866-3 Manchon 3-dong.


Through this contract, GS Construction is expected to strengthen its position in the redevelopment market of the Daegu region and continue its steady business expansion.


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