Korean disclosure
IPARK Hyundai Development has been selected as the contractor for the Yeonsan 13 District redevelopment project.
Unofficial English translation by ChickenStock; the Korean original prevails. Korean page · Original filing on DART ↗
Highlights
Translated AI summaryIPARK 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.
IPARK Hyundai Development was selected as the contractor for the Yeonsan 13 District redevelopment project.
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.
The estimated construction cost will be finalized upon execution of the construction contract and excludes value-added tax.
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