iPark Hyundai Development wins KRW 1.3 trillion Wirye new-town construction order
Bitget2026/09/28 08:06- iPark Hyundai Development won a construction contract for the Wirye New Town Bokjeong Station-area mixed-use project.
- Contract value KRW 1.299 trillion, excluding VAT, equal to 31.3% of 2025 consolidated revenue.
- Counterparty Songpa Biz Cluster PFV; iPark is a major shareholder of the counterparty.
- Work scheduled from Oct. 1, 2026 to Dec. 31, 2030; payments based on progress milestones.
- Order date Sept. 28, 2026; scope covers urban support facilities on 1BL in Seongnam, Gyeonggi Province.
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