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DL Holdings Named Preferred Bidder for KRW216.9 Billion Public Housing Project

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DL Holdings (KRX:000210) was selected as the preferred bidder for the Pyeongtaek Godeok A-69BL and A-71BL integrated public housing project, commissioned by Korea Land and Housing Corporation, according to a Thursday filing with the Korea Exchange.

The project has an estimated construction value of 216.9 billion won, including the value added tax. The estimate represents DL Holdings' 33% share of the total contract value of 657.2 billion won, the filing said.

Under the project, DL Holdings will build an integrated public housing complex of 1,995 rental and for-sale apartment units, along with related amenities and welfare facilities, it said.

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