High-end Residential Building ‘Podo by Fendi Casa’ Fails to Sell in First Round of Public Auction, Citing PF Recession The development site of ‘Podo by Fendi Casa’ in Nonhyeon-dong, Gangnam-gu, Seoul was left unsold in the first round of June 4 public auction in which there were no bidders. According to Onbid, the minimum bid price for the site was KRW 371.2 billion, but no buyer was found at the first auction. The next auction will be held on June 16, with bidding starting at KRW 357.2 billion. The site was planned as a high-end residential complex with 29 apartment units and 6 officetels with interior design by Fendi. However, […]