On the 8th, a bid for the sale of the Seongsu-dong site owned by real estate developer AM Plus Asset Development was held. Located at 278-52, Seongsu-dong 2-ga, Seongdong-gu, Seoul, the site is about 3,040 square meters in size. The office is undergoing a pre-sale, and construction will begin in April next year, to be completed in August 2025. Upon completion, the property will have 6 basement levels and 11 above ground levels with a total floor area of approximately 29,570 square meters (16,980 square meters above the ground, 12,590 square meters below ground). Although transactions in the commercial real estate market have slowed in the aftermath of the recent […]