Hyundai E&C stock: KRW 2.61 trillion Mokdong project expands orders
Published on 10/30/2026 at 01:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUrban renewal expands Hyundai E&C pipeline
- Hyundai E&C was selected to build the Mokdong Complex 10 reconstruction project in Seoul.
- The development will replace an existing apartment complex and introduce the company's THE H brand to Mokdong New Town.
- The project reinforces Hyundai E&C's focus on large urban redevelopment schemes in Seoul.
Hyundai E&C has been selected as builder for the Mokdong Complex 10 reconstruction project in Seoul, adding a major urban-renewal scheme to its order pipeline. The company announced the selection after a general meeting held on October 18, according to the Hyundai E&C Newsroom.
Large Seoul redevelopment project
The project will replace an existing 2,160-unit apartment complex near Sinjeong-dong in Seoul's Yangcheon District. The planned development will contain 4,248 apartments in buildings of up to 40 stories, together with community facilities. Hyundai E&C said the total construction cost is about KRW 2.61 trillion.
The project is being developed by Korea Real Estate Investment & Trust and represents Hyundai E&C's first reconstruction contract in Mokdong New Town. The company plans to introduce its premium THE H residential brand in the district under the proposed name THE H MOKDONG ESER.
Order pipeline in focus
Hyundai E&C said the latest award takes its 2026 urban redevelopment orders beyond its annual target of KRW 12 trillion. The company also said it had become the first in its industry to secure more than KRW 10 trillion in urban redevelopment orders for two consecutive years in September.
For investors, the project highlights the importance of Seoul redevelopment work to Hyundai E&C's order-book strategy. The announcement confirms the contract selection and project scale, but it does not by itself establish the project's future contribution to revenue or profit.
Hyundai E&C project facts
- Company: Hyundai E&C
- ISIN: KR7000720003
- Project: Mokdong Complex 10 reconstruction
- Project value: About KRW 2.61 trillion
- Planned homes: 4,248 apartments
- Announcement: October 19, 2026
The broader Korean equity market provides the relevant regional backdrop for construction shares; current KOSPI market reports offer further context.
Further project developments and company coverage are available in more news and analyses on Hyundai E&C stock.
