ChickenStockChickenStock

Korean disclosure

IPARK Hyundai Development logoIPARK Hyundai Development 294870

IPARK Hyundai Development has been selected as the contractor for the Yeonsan 13 District redevelopment project.

Material Management InformationFiled

Unofficial English translation by ChickenStock; the Korean original prevails. Korean page · Original filing on DART ↗

Highlights

Translated AI summary

IPARK Hyundai Development has been selected as the contractor for the Yeonsan 13 District redevelopment project. The company said the estimated construction cost is KRW 281.2 billion, which it said represents 6.8% of recent revenue of KRW 4.147 trillion as of end-2025. The estimated construction cost will be finalized upon execution of the construction contract, and the project scope comprises 5 residential buildings with 720 units spanning basement 3 floors to 34 floors above ground, plus ancillary facilities.

  1. IPARK Hyundai Development was selected as the contractor for the Yeonsan 13 District redevelopment project.

  2. The estimated construction cost is KRW 281.2 billion, which represents 6.8% of recent revenue of KRW 4.147 trillion as of end-2025.

  3. The estimated construction cost will be finalized upon execution of the construction contract and excludes value-added tax.

  4. The project scope comprises 5 residential buildings with 720 units spanning basement 3 floors to 34 floors above ground, plus ancillary facilities.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Estimated Construction Cost
KRW 281.2 billion
Percentage of Recent Revenue
6.8%
Recent Revenue
KRW 4.147 trillion
Project Scope
Basement 3 floors to 34 floors above ground, 5 residential buildings, 720 units

Filing facts

Filing type
Material Management Information
Report name
Material Management Information for Investment Decisions
Filed
Oct 6, 2026
Receipt number
20261006800170