GS E&C Officetel Draws 3,788 Applications in Seoul - report

GS Engineering & Construction Corp. (006360)'s Mokdong Yoonseul Xi received 3,788 applications. Newsis reported the subscription results on Wednesday.

The Seoul officetel offered 651 units and recorded an average ratio of 5.8 applicants per unit. One resident-priority category reached 32.09 applicants per unit. The project will have three buildings rising as high as 48 floors. Unit sizes will range from 114 to 203 square meters.

Applications closed after the September 8 subscription period. The project occupies the former KT Mokdong site. The company's market capitalisation was ₩3 trillion at Wednesday's close.

Sources

  1. Newsis
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