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Old September 18th, 2014, 07:33 PM   #4701
ThatOneGuy
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The cladding is really great on this one. Well done, SK.
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Old September 18th, 2014, 09:56 PM   #4702
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Hope they build twin tallest tower in the world

By the way 10 billion dollar for a land is really crazy, they outbid samsung 2x and probably thats the most expensive land. I ever heard. Anywhere else more ex than this?
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Old September 19th, 2014, 12:36 AM   #4703
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Quote:
Originally Posted by humptydumpty7 View Post



Breaking News

Hyundai won the bid for the KEPCO land in Gangnam! They paid over $ 10 billion for the land, which is actually worth 'only' $ 3.3 billion.
Just for comparison: The whole Lotte World Tower complex costs $ 3.5 billion.

This is the biggest commercial site deal in Korean history.

Full article here:
http://www.bloomberg.com/news/2014-0...llion-won.html
That was one crazy bid... It makes you wish you where the seller
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Old September 19th, 2014, 02:05 AM   #4704
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Quote:
Originally Posted by WingWing View Post
Hope they build twin tallest tower in the world

By the way 10 billion dollar for a land is really crazy, they outbid samsung 2x and probably thats the most expensive land. I ever heard. Anywhere else more ex than this?

I envy singaproe's creative building like a marina sands hotel

as far as i know that price biggest single land bidding price in the world.
but according to the report
they gonna built 70~100fl TWIN tower

http://biz.chosun.com/site/data/html...091900289.html

they built normal 70~100fl twin tower
7~100fl will be common building in the future world.
guess Probably they want to make a "EMBLEM SHAPE TOWER LIKE A HYUNDAI EMBLEM"
if it built like a emblem then it will be world largest billboard

So disappointed idea. It is just another "petronas twin tower of Kuala lump"(i respect petronas).
Who will pay attention about common twin tower meanwhile kingdom tower and amazing china's megaltall u/c?
I lost interesting about this project. hyundai lost their money in normal project.
If i was chief executive officer of hyundai then i would buying Yongsan ibd land(8billion), and built 1.5km tower in seoul.

why they buying OUTSKIRT land with huge money and built Common twin tower? just my opinions I can't handle this project but my disappointedsorry my complain.
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Old September 19th, 2014, 03:38 AM   #4705
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Quote:
Originally Posted by inno4321 View Post

I envy singaproe's creative building like a marina sands hotel
Have you not yet heard about China's waterfront cave hotel? I forgot the name... I'll tell you when it hits me.
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Old September 19th, 2014, 03:43 AM   #4706
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Hyundai emblem means slanted design

Actually i dont mind a 100 floors of twin tower as long as the design is nice. With that height u dont make LWT look like a dwarf.

Afaik, thats indeed the most expensive land in the world. The marina bay sands singapore project cost only 5 billion something.

I think Hyundai can forgo the profit from buying this overpriced land. It is really to expensive

Anyway now what matters that they will start build their HQ quickly. Its better to fill up the gap :cheers
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Old September 19th, 2014, 03:44 AM   #4707
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Quote:
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Have you not yet heard about China's waterfront cave hotel? I forgot the name... I'll tell you when it hits me.
It's the Tianmenshan Mountain Hotel I was talking about
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Old September 19th, 2014, 04:02 AM   #4708
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Inno, I think you're too good for your country!

Hyundai needlessly wasted tons and tons of money on a project for their own ego, and they're not even going to do something special with the land. And to think this is South Korea's second-most important company. Maybe it's just the wealthy people that rule Korea who make things there bad, just like the yangban in Joseon. Maybe Chung Mong-ku will step down before they go forward with the development.

We share your disappointment .
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Old September 19th, 2014, 05:18 AM   #4709
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Quote:
Originally Posted by WingWing View Post
Hyundai emblem means slanted design

Actually i dont mind a 100 floors of twin tower as long as the design is nice. With that height u dont make LWT look like a dwarf.

Afaik, thats indeed the most expensive land in the world. The marina bay sands singapore project cost only 5 billion something.

I think Hyundai can forgo the profit from buying this overpriced land. It is really to expensive

Anyway now what matters that they will start build their HQ quickly. Its better to fill up the gap :cheers

Off topic though
singapore much more succeed than my country.
7years ago we are almost same economical status

but now singafore $50 thousands per person
korea still stuck in around $ 30 thousands per person income

congratulation singapore.
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Old September 19th, 2014, 05:24 AM   #4710
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Quote:
Originally Posted by inno4321 View Post

Off topic though
singapore much more succeed than my country.
7years ago we are almost same economical status

but now singafore $50 thousands per person
korea still stuck in around $ 30 thousands per person income

congratulation singapore.
Yes thanks to foreign investments into singapore that made singapore a wealthy country. But korea is more renowned in the world with its technological advance and kpop haha.

In fact Seoul is better than Sg cos they have supertalls projects while singapore is limited at 290m haha

I just hope that Hyundai HQ will be ready before 2020
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Old September 19th, 2014, 06:47 AM   #4711
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Wah! 10 bil bucks for a piece of land. It's really gold

Thats another gangnam style hit by huyndai, not psy
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Old September 19th, 2014, 09:29 AM   #4712
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Jesus, $10B?! I'd be pissed if I were a shareholder. They must have their reasons, but $10B?? The whole project could have been done for less.
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Old September 19th, 2014, 12:39 PM   #4713
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SAM_3038 by inno4321, on Flickr
SAM_3040 by inno4321, on Flickr
SAM_3041 by inno4321, on Flickr
SAM_3043 by inno4321, on Flickr
SAM_3044 by inno4321, on Flickr
SAM_3045 by inno4321, on Flickr
SAM_3046 by inno4321, on Flickr
SAM_3047 by inno4321, on Flickr
SAM_3048 by inno4321, on Flickr
SAM_3049 by inno4321, on Flickr
SAM_3050 by inno4321, on Flickr



Again Booming supertall construction in SEOUL

my translation FROM korea herald(korean style economy newspaper?)

Again Land mark competition fury once a while stalled as last 18 september hyundai motors official announced to built new icon of seoul with 100fl in kepco site of gangnam

.....skipt.......but when LWT completion then it will be tallest tower in korea.
Moreover hyundai motors participated on this landmark built competition race. hyundai conglomerate is going to built over 100fl landmark in seoul

actually hyundai concentrated on project in duck sum to built 110fl HQ.
but obstacle by seoul mayor park wonsung
so they changed plan and at last they get kepco land . they express with this result as "8 years dream come to reality"
furthermore past stalled supertall project of seoul "RE ESTIMATED" as questionable project LWT and HYUNDAI HQ become reality

For example YONGSAN IBD/SEOULLITE TOWER OF SANGAM were stalled by many reason.

However huge foreigner financing company and korea company still look carefully and didn't give up yongsna ibd project. So there is possible yongsan ibd project will be resume!!
Especially in the case of yongsna ibd project is still have a strong last chance, korea/foreigner investor still have a very strong will to invest this project, when KORAIL AND DREAMHUB reconciliation before legal sue procedure
Also now seoulite tower of sangam dmc is under maze but this project have a plan to built 133fl 640height, so if project resume then this tower would break stronghold of LWT!
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Old September 19th, 2014, 01:02 PM   #4714
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10 billion USD is like 4x buying Minecraft
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Old September 20th, 2014, 06:08 AM   #4715
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Imo hyundai bought the site for the status that is needed for their business so it is not just about money matter. If they put that money into emerging foreign market, they could build a whole city and the value could be ten times more in few decades

Anyway its time for wealthy chaebols and seoul to show off something (for business purpose). Lotte pop up the champaign, hyundai and probably samsung, lg etc gonna join the party
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Old September 20th, 2014, 06:13 AM   #4716
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Quote:
Originally Posted by KillerZavatar View Post
10 billion USD is like 4x buying Minecraft
It's only 1 month in Iraq
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Old September 21st, 2014, 12:39 AM   #4717
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Old September 23rd, 2014, 02:11 PM   #4718
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LWT as seen from Gwanak mountain. The high towers in fromt of LWT are the luxurious Samsung Tower Palace apartments.

source: http://blog.naver.com/xanto74/220130492884




Core went up one floor, the right tower crane is moving up higher and at the outrigger you can see some steelwork going up.
Also the yellow protection screens are moving up. This means that they will probably continue with the cladding soon

Source: http://poison777.tistory.com/4956
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Old September 23rd, 2014, 04:36 PM   #4719
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That first picture was absolutely stunning. Thanks
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Old September 23rd, 2014, 05:29 PM   #4720
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Weekly Update : September 23. 2014



Current status : 353.03m(estimated) / 83 fl







































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