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464 billion Cheongdam Prima Hotel

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January of last year

It’s 29,000 1,400 pyeong

sale

Cheongdam Prima Hotel

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(1)Optical call taxi routes
(2)Q Search on current map
(3)JC Yeongdong Bridge
(4)Resident Sendam-dong
(5)Hotel Prima Town
(6)Cheongdam Neighborhood Park Nara Tower
(7)Cheongdam Samsung Promotion
(8)Line 7!
(9)- View List

site purchase and development costs

Interest rates 45 to 7

464 billion borrowings

Tearing down a 49th-floor super-luxury residential facility

to build

a real estate slump

Seoul’s easing of altitude restrictions

I lost business value

Creditors want to give up their business and collect the money they lend

Of the 30 or so creditors

The first priority is Saemaul, which is 180 billion won

even if it’s a public sale

You have to get it well, at the price of 12

Most of the creditors are going to lose money

If you overdo real estate in Gangnam-do, you’ll be forced to do it

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