Table of Contents
Decision on the maintenance plan and designation of the maintenance area for Myungjang District 5 redevelopment project
- Area of Dongnae-gu, Myungjang-dong 104-12
The Myungjang District 5 redevelopment project, located in the area of Dongnae-gu, Myungjang-dong 104-12, received the maintenance plan decision and the designation of the maintenance area on August 27, 2025.
Due to the large area, the procedures were somewhat delayed, and after the public notice and announcement of the maintenance plan decision and the draft for the designation of the maintenance area in April 2024, it took about 1 year and 4 months to reach the final announcement.
Once the redevelopment is completed, significant improvements to the local environment are expected.
This announcement revealed a large-scale maintenance plan covering an area of 134,589㎡. This project, supplying a total of 2,224 housing units, is notably gaining attention with a confirmed floor area ratio of 275.98%. This is evaluated to reflect optimal incentives due to the upward zoning.
According to the land use plan, the third general residential area occupies 97% of the total, while semi-residential and commercial areas constitute only 3%.
The household composition has been planned diversely, with 158 units of 114㎡, 802 units of 99㎡, 681 units of 84㎡, 20 units of 74㎡, 339 units of 59㎡, and 224 units of 39㎡ assigned. Notably, mid to large-sized units comprise over half of the total.
The promotion committee expects the number of members to be around 1,100 to 1,200, corresponding to about 50% of the total number of units. In this regard, the ample supply of general sales is assessed to indicate a highly feasible project.
This development project includes 4 blocks of apartments along with 3 parks, a parking lot, school sites, and water retention facilities among various infrastructure. Notably, the elementary school site has expanded by 5,124㎡ compared to the previous area, increasing to a total of 15,020㎡, effectively responding to the increasing school-age population. Additionally, the projected ratio for the calculation of member rights is estimated at 103.42%, supporting stability. These factors are expected to have a positive impact on local development.
Myungjang District 5 is adjacent to Chungnyeolsa Station and Myungjang Station, providing access to two station areas. Additionally, a pleasant natural environment is created with Dongnae Historical Park and Oncheoncheon, enhancing its appeal as a residential area.
Moreover, excellent academic districts including Dongnae High School, Hyewha Girls' High School, and Chungnyeol High School contribute to favorable conditions for children's education.
Furthermore, it is expected to form a large residential belt of 3,806 housing units together with the nearby Anrak District 1 (planned for 1,582 units), establishing itself as a potential new residential hub in Dongnae-gu.
The redevelopment project in Myungjang District 5 boasts excellent feasibility due to its outstanding floor area ratio, stable ratio of members, and abundant general sales supply. Additionally, through its connection with Anrak District 1, it is highly likely to develop into the largest residential complex in Dongnae area.
Busan Metropolitan City's announcement No. 2025-339
Announcement for the decision on the maintenance plan and designation of the maintenance area for Myungjang District 5 redevelopment project
1. Regarding the maintenance area of Myungjang District 5 redevelopment project located at Dongnae-gu Myungjang-dong 104-12, the maintenance plan decision and designation of the maintenance area are announced as follows in accordance with Article 16 of the Urban and Residential Environment Maintenance Act, and a topographic map is announced in accordance with Article 8 of the Basic Act on Land Use Regulation and Article 7 of the Enforcement Decree of the same law.
2. Relevant documents (available for viewing at “http://www.eum.go.kr”) are stored at Busan Metropolitan City's Urban Maintenance Division (☏051-888-4232) and Dongnae-gu Building Division (☏051-550-4602) for public access.
August 27, 2025
Mayor of Busan
I. Designation of the maintenance area and decision on the maintenance plan
1. Designation of the redevelopment project maintenance area
| Designation Type | Type of Project | Name of Area | Location | Area (㎡) | Remarks |
| New | Redevelopment Project | Myungjang District 5 Redevelopment Project Maintenance Area | Dongnae-gu, Busan, Myungjang-dong 104-12 | 134,589 |
2. Redevelopment project maintenance plan
○ Plan regarding land use
| Category | Name | Area (㎡) | Ratio (%) | Remarks | |
| Urban management plan use area | Total | 134,589 | 100.0 | ||
| Third general residential area | 130,507.5 | 97.0 | |||
| Semi-residential area | 2,422.5 | 1.8 | |||
| General commercial area | 1,659 | 1.2 | |||
| Urban management plan use district | Height limit district | 1,659 | 1.2 | ||
| Fire district | 1,659 | 1.2 | |||
| Housing and maintenance infrastructure (urban planning facilities) | Total | 134,589 | 100.0 | ||
| [Housing] | 96,473 | 71.7 | |||
| Apartment land 1 | 24,996 | 18.6 | |||
| Apartment land 2 | 27,150 | 20.2 | |||
| Apartment land 3 | 33,997 | 25.2 | |||
| Apartment land 4 | 10,330 | 7.7 | |||
| [Maintenance infrastructure] (urban planning facilities) | 38,116 | 28.3 | |||
| Park | 8,381 | 6.2 | Parking lot duplication decision (A=3,335㎡) Water retention facility duplication decision (A=1,225㎡) | ||
| Road | 24,611 | 18.3 | |||
| School | 5,124 | 3.8 | |||
○ Plan concerning changes of use categories and zones
| Category | Area (㎡) | Ratio (%) | Remarks | |||
| Existing | Change | After Change | ||||
| Total | 134,589 | - | - | 100.0 | ||
| Use area | Second general residential area | 130,507.5 | Decrease)130,507.5 | - | - | |
| Third general residential area | - | Increase)130,507.5 | 130,507.5 | 97.0 | ||
| Semi-residential area | 2,422.5 | - | 2,422.5 | 1.8 | ||
| General commercial area | 1,659 | - | 1,659 | 1.2 | ||
| Use district | Height limit district | 1,659 | - | 1,659 | 1.2 | |
| Fire district | 1,659 | - | 1,659 | 1.2 | ||
■ Reasons for changes in use area
| Map Number | Location | Use Area | Area (㎡) | Floor area ratio | Reason for Change | |
| Existing | Change | |||||
| - | Area of Dongnae-gu Myungjang-dong104-12 | Second general residential area | Third general residential area | 130,507.5 | Less than 300% | ⦁The subject site has a concentration of old and deteriorating buildings, necessitating improvements in residential environment and maintenance of infrastructure, and thus intends to change the use area to Third general residential area for efficient land use. |
○ Estimated cost and basis for each landowner's share
| Estimated Share Amount | Estimated Total Income | Estimated Total Business Cost | Estimated Total Property | Estimated Proportion Ratio |
| 1,746,568,781,460 won | 1,327,556,292,120 won | 405,168,623,100 won | 103.42% | |
| Basis for Calculation | ⦁Estimated Total Property = Sum of estimated total properties per landowner⦁Estimated Proportion Ratio = (Estimated Total Income – Estimated Total Business Cost) / Estimated Total Property | |||
※ The estimated total properties and calculations of individual share amounts can change accordingly based on future management plans.
○ Plan regarding the primary purpose, building coverage ratio, floor area ratio, and height of buildings
| Category | Area Division | Household or Lot Division | Location | Main Use | Building Coverage Ratio (%) | Floor Area Ratio (%) | Height (m) | Remarks | ||||||||||||||||||
| Name | Area (㎡) | Name | Area (㎡) | |||||||||||||||||||||||
| New Construction | Myungjang District 5 Redevelopment Project Maintenance Area | 134,589 | 1-1 | 24,996 | Area of Myungjang-dong 65-7 | Apartment and auxiliary facilities | Less than 30% | Less than 272% | Less than 105m | - | ||||||||||||||||
| 2-1 | 27,150 | Area of Anrak-dong 427-5 | Apartment and auxiliary facilities | Less than 30% | Less than 288% | Less than 110m | - | |||||||||||||||||||
| 3-1 | 33,997 | Area of Anrak-dong 444-15 | Apartment and auxiliary facilities | Less than 30% | Less than 269% | Less than 105m | - | |||||||||||||||||||
| 4-1 | 10,330 | Area of Myungjang-dong 105-40 | Apartment and auxiliary facilities | Less than 30% | Less than 282% | Less than 85m | - | |||||||||||||||||||
| 4-2 | 5,124 | Area of Myungjang-dong 105-10 | School | Less than 50% | Less than 200% | Less than 20m | - | |||||||||||||||||||
| Scale and construction ratio of housing | ⦁At least 40% of the total number of housing units constructed to be 85㎡ or less | |||||||||||||||||||||||||
| Matters regarding the construction of rental housing | ⦁At least 10% of the total number of housing units constructed to be rental housing⦁At least 30% of the total number of rental housing units or more than 5% of the total number of housing units to be constructed as rental housing with a living area of 40㎡ or less | |||||||||||||||||||||||||
| Application of standards for relaxation of floor area ratio | ⦁Application of evaluation standards for the basic floor area ratio and standards for relaxation of floor area ratio as per the “Basic Plan for Urban and Residential Environment Maintenance” in Busan Metropolitan City⦁Standard Floor Area Ratio Calculation: 240% (Residential Maintenance Area) | |||||||||||||||||||||||||
| Category | Evaluation Standard Score | ⇨ | Evaluation Standard Points | Land use | Standard Floor Area Ratio | |||||||||||||||||||||
| Myungjang District 5 | 75 points | 50~80 points | Residential maintenance | 240% | ||||||||||||||||||||||
| ⦁Floor area ratio relaxation application▸Incentive calculation when providing public facility site- 1.5 × (provided area ÷ provided after land area) × α% (for second general residential 200%)- 1.5 × (10,883.3㎡ ÷ 96,473㎡) × 200% = 33.8%- Maximum limit for public interest element incentive: 20% when conducting residential-related maintenance project▸Economic revitalization incentive: 5% for designers▸Sustainable apartment: 5%▸Green building certification · Energy efficiency rating certification: 9% [Excellent grade for green building (3%), Building energy efficiency 1++ rating (6%)]⇨ Relaxed floor area ratio: 20% + 5% + 5% + 9% = 39%⦁Permitted floor area ratio: 240% + 39% = 279%⦁Planned floor area ratio: less than 277% | ||||||||||||||||||||||||||
Category
Announcement
Type of Agency
City
Agency
Busan Metropolitan City
Announcement Number
No. 2025-339
Title
Announcement for the decision on the maintenance plan and designation of the maintenance area for the Myungjang District 5 redevelopment project
Date
2025-08-27
#Busan, #Dongnae-gu, #Myungjang District 5, #Redevelopment, #Designation of Maintenance Area, #Decision on Maintenance Plan, #Anrak District 1, #Large Complex, #Residential Belt, #Business Feasibility Analysis, #Proportion Rate, #Number of Households, #Number of Members, #General Sale, #Urban Maintenance, #Urban Regeneration, #Residential Environment Improvement, #Residential Town, #Dongnae Academic District, #Chungnyeolsa Station, #Anrak Station, #Double Station Area, #Living Infrastructure, #Oncheoncheon, #Dongnae Historical Park, #Residential Center, #Busan Redevelopment, #Myungjang Redevelopment, #Busan Maintenance Project, #Large-Scale Apartments
Frequently Asked Questions (FAQ)
Q. When was the maintenance plan and designation of the maintenance area for Myungjang District 5 redevelopment project carried out?
The decision on the maintenance plan and designation of the maintenance area for Myungjang District 5 redevelopment project was announced on August 27, 2025.
The Myungjang District 5 redevelopment project is taking place in the area around Dongnae-gu Myungjang-dong 104-12, with the public notice of the maintenance plan decision and designation draft held in April 2024, and after approximately 1 year and 4 months, the final announcement was made on August 27, 2025. The process took a bit longer due to the large area of this region, but the announcement allows for the commencement of the redevelopment.
Q. What is the scale and number of housing units supplied by the Myungjang District 5 redevelopment project?
It is a large-scale project with a total of 2,224 units being supplied on an area of 134,589㎡.
This redevelopment project will cover a wide area of 134,589㎡ and supply 2,224 housing units. The floor area ratio is confirmed at 275.98%, reflecting high upward incentives. 97% of the residential area is designated as a third general residential area, and units have been planned in various sizes, with mid to large-sized units accounting for over half of the total.
Q. What infrastructure and public facilities are provided by the Myungjang District 5 redevelopment project?
It includes 4 blocks of apartments, 3 parks, a parking lot, school sites, and water retention facilities among various infrastructure.
The redevelopment project will create not only 4 blocks of apartments but also 3 parks, a parking lot, school sites, and various public facilities. Notably, the elementary school site has been expanded by 5,124㎡ to a total of 15,020㎡, effectively accommodating the increasing school-age population. These facility expansions are expected to significantly enhance the convenience and residential environment for local residents.
Q. How is the transportation and education environment evaluated for the Myungjang District 5 redevelopment project?
It has excellent transportation accessibility due to two station areas, Chungnyeolsa Station and Myungjang Station, and is supported by good academic districts.
Myungjang District 5 secures access to two station areas, Chungnyeolsa Station and Myungjang Station, providing excellent public transportation accessibility. In addition to the strong academic districts including Dongnae High School, Hyewha Girls' High School, and Chungnyeol High School, pleasant natural environments like Dongnae Historical Park and Oncheoncheon enhance the appeal of the area as a residential area. Thanks to these conditions, it is evaluated as a place where education for children and convenient living are possible.
Q. What is the relationship between the Myungjang District 5 redevelopment project and the nearby Anrak District 1?
The two districts are expected to be connected, forming a large residential belt with a total of 3,806 housing units.
The Myungjang District 5 redevelopment project (2,224 housing units) and the nearby Anrak District 1 (planned for 1,582 housing units) will combine to form a large residential belt of 3,806 housing units in Dongnae-gu. This is expected to establish a new residential hub in the Dongnae area, positively impacting the overall residential environment and real estate value in the region.
