Announced

Samsung Daechi Ssangyong 1 Redevelopment

The Samsung Daechi Ssangyong 1 Redevelopment is a high-density residential scheme in Daechi-dong, the school-district heart of Seoul's Gangnam-gu, replacing a five-building complex of 630 aging units with six new towers rising to 49 storeys and carrying close to 1,000 homes.

Verified Sep 27, 2026~4.2 yrs to delivery
AnnouncedBreaking GroundConstructionOpening SoonNow Open
2027
Start
2030
Completion
999
Units
49
Floors
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Details

66 Daechi-dong, Seoul. 49 floors and 999 residences. Breaks ground 2027, completing 2030.

The story so far
Announced 2026 est.Samsung C&T won the Daechi Ssangyong 1 rebuild at a members' vote, branding it "Raemian ReneAr Daechi" — 999 homes across six towers to 49 storeys, KRW 689.2bn contract
news.samsungcnt.com
Contractor selected Apr 11, 2026the union voted in Samsung C&T on a roughly KRW 689.2 billion deal, to be marketed as Raemian ReneAr Daechi, ending an eight-year association with Hyundai E&C
ebn.co.kr
Expected groundbreaking 2027
Expected opening 2030
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 28 · BalancedSeoul marketMarket →
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About the project

The Samsung Daechi Ssangyong 1 Redevelopment is a high-density residential scheme in Daechi-dong, the school-district heart of Seoul's Gangnam-gu, replacing a five-building complex of 630 aging units with six new towers rising to 49 storeys and carrying close to 1,000 homes. Studio Libeskind leads the design with HJ Design Partners and SAMOO Architects & Engineers, and Samsung C&T's engineering and construction arm is building it. Libeskind treats the cluster as a single composition rather than repeated slabs: light-toned vertical fins run across the facades in curving bands that shift as the sun moves and as residents circulate the site, giving the towers a legibly hand-drawn quality at a scale usually reserved for anonymous housing blocks. The result is pitched as a living work of art in a district where redevelopment has typically favored uniformity, and where Gangnam land values make design differentiation newly valuable.

The Seoul market 28 · Balanced supplyDaechi-dong 14-project pipeline · 10,393 residences and keys · peak Late ’27 Explore the market →
Common questions

Frequently asked

Where is Samsung Daechi Ssangyong 1 Redevelopment located?

Samsung Daechi Ssangyong 1 Redevelopment is located in Seoul.

When will Samsung Daechi Ssangyong 1 Redevelopment be built?

Samsung Daechi Ssangyong 1 Redevelopment is an announced development that has not yet started construction, targeting completion in 2030.

Who is developing Samsung Daechi Ssangyong 1 Redevelopment?

Samsung C&T is the developer behind Samsung Daechi Ssangyong 1 Redevelopment.

Who designed Samsung Daechi Ssangyong 1 Redevelopment?

Samsung Daechi Ssangyong 1 Redevelopment was designed by Studio Libeskind & More.

How big is Samsung Daechi Ssangyong 1 Redevelopment?

Samsung Daechi Ssangyong 1 Redevelopment rises 49 stories with 999 residences.