Table of Contents
Venueve Haeundae sale imminent, what is the price? / U-dong 2 district redevelopment project implementation plan change (4th) notification
- Located in U-dong 1074, Haeundae-gu
'Venueve Haeundae' is scheduled to proceed with its general sale in September in the U-dong 2 district of Haeundae-gu, Busan. This sale includes a total of 660 households, out of which 629 will be available to the public.
Exclusive areas are offered in various sizes: 28 households of 59㎡, 498 households of 84㎡, and 108 households of 99㎡. The general sale price is expected to be between 42 million and 45 million won per pyeong. There is great anticipation and interest in this sale, and many participants are expected.
The Busan Metropolitan City Haeundae-gu recently announced the 'U-dong 2 redevelopment project implementation plan change (4th) notification'. This notification includes some modifications to the project plan and is approaching the final sale.
The main changes include reductions in the total floor area and building area, as well as adjustments to the window and bathroom finishing heights for each unit. Additionally, the location and size of welfare facilities have been adjusted, and the finishing height of sales facilities has been reduced.
Finally, the addition of a community sports facility considers the convenience of residents and the efficiency of the project. These adjustments will play a crucial role in the successful promotion of the redevelopment project.
The Venueve Haeundae in U-dong 2 district is undertaken by Samhan Construction, making it very attractive in terms of location. Situated in the heart of the Rich Belt connecting Centum City, Marine City, and L City, it is directly connected to BEXCO Station on subway line 2.
Furthermore, due to its proximity to Donghae Line BEXCO Station, it enjoys the advantages of being a "double subway station area." Additionally, with development plans for the Manduk-Centum city expressway and bus rapid transit (BuTX), future value appreciation is to be expected along with transportation convenience.
Educational infrastructure is also a significant advantage. Nearby are Gangdong Elementary School and Haegang Middle School, Haeundae Middle School and Women's Middle School, as well as the Centum academy area, forming an excellent school district. Particularly, many high-achieving schools are gathered in the Haeundae area, allowing residents to experience an educational premium.
This complex is designed as a 48-story super high-rise structure, offering beautiful panoramic views from Haeundae to Gwangalli. Its exterior emphasizes sophistication with a specialized curtain wall look design, and premium finishes and imported appliances are used inside. Furthermore, exclusive concierge services for residents add to the luxurious living environment, making it even more distinguished.
The model house located in Jaseong-dong, Haeundae-gu is planned to officially open in September. This sale is drawing attention in the busan housing market for the second half of the year due to its prime location in Haeundae U-dong, as well as various development prospects and education and transportation infrastructure.
Busan Metropolitan City Haeundae-gu Notification No. 2025-119
U-dong 2 redevelopment project implementation plan change (4th) notification
Initially designated as a maintenance area by Busan Metropolitan City Notification No. 2009-191 (May 13, 2009), the maintenance area and plan changes were notified by Busan Metropolitan City Notifications No. 2014-469 (December 10, 2014), No. 2018-210 (June 14, 2018), No. 2020-171 (May 27, 2020), and the project implementation plan approval was notified by Busan Metropolitan City Haeundae-gu Notification No. 2021-75 (May 5, 2021). Subsequently, the project plan change was notified by Busan Metropolitan City Haeundae-gu Notifications No. 2022-7 (January 19, 2022), No. 2023-133 (August 2, 2023), and No. 2025-90 (June 25, 2025) regarding the U-dong 2 redevelopment project located at U-dong 1074 in Haeundae-gu, Busan, in accordance with Article 50 of the Urban and Residential Environment Improvement Act, and this will be notified according to Article 10, Clause 3 of the Enforcement Rules of the same law.
September 3, 2025
Mayor of Haeundae-gu, Busan
1. Type and name of the maintenance project
A. Type: Redevelopment project
B. Name: U-dong 2 Redevelopment Project
2. Location and area of the maintenance zone
A. Location: Entire area of U-dong 1074, Haeundae-gu, Busan
B. Area: 14,595㎡
3. Name and address of the project implementer
A. Project implementer: IV Shilla Co., Ltd. (CEO Kim Gi-deok)
B. Address: 401, 18-8, Suyeong-ro, Nam-gu, Busan (Munhyeondong, Samhan Sarangchae)
4. Implementation period of the maintenance project: 96 months from the date of project implementation plan approval
5. Date of approval for project implementation plan change:
August 29, 2025. ※ Initial approval date: April 30, 2021.
6. Details of land or buildings to be acquired or used and rights other than ownership: Attached (change)
7. Matters relating to building site area, coverage ratio, floor area ratio, height, and purpose of construction plans (changes)
| Classification | Details | Classification | Details |
| Land Area | 12,820㎡ | Building Area | 4,840.2110㎡ (minus 99.8112㎡) |
| Coverage Ratio | 37.76% (decreased by 0.77%) | Total Floor Area | 123,563.2232㎡ (decreased by 1,154.1224㎡) |
| Floor Area Ratio | 624.93% (increased by 1.33%) | Maximum Height | 148.69m |
| Use | Multi-family housing (apartments) and supporting welfare facilities, commercial facilities, etc. | Number of Floors | 4 basement/48 above ground |
| Number of Buildings | 3 buildings | Number of Households | 660 households |
8. Scale, etc. of housing construction plan (change)
| Supply Classification | Type of Housing | Number of Buildings | Number of Households | Number of Households by Housing Scale (based on exclusive area) (unit: ㎡, households) | |||||||
| 59.9833 (59A) | 59.9833 (59B) | 84.8937 (84A) | 84.9043 (84B) | 84.9190 (84C) | 84.9898 (84D) | 84.9637 (84E) | 99.9479 (99) | ||||
| Total | Apartments | 3 | 660 | 27 | 1 | 92 | 91 | 134 | 46 | 135 | 134 |
| Sale | Apartments | 3 | 660 | 27 | 1 | 92 | 91 | 134 | 46 | 135 | 134 |
9. Matters regarding the acquisition of maintenance infrastructure and land under Article 97 of the Law (no changes)
10. Issues regarding the implied matters of consent etc. under other laws
A. Approval of the project plan under the Housing Act, Article 15
B. Building permission under the Building Act, Article 11
C. Designation of the executor of urban planning facility projects under the National Land Planning and Utilization Act, Article 86, and approval of the implementation plan under Article 88 of the same law
D. Consent for building permits under the Fire Services Act, Article 6, Clause 1
E. Other implied matters under Article 57 of the Urban and Residential Environment Improvement Act
11. Urban planning facility decision record (notifying matters under Article 91 of the same law concerning the designation of the executor of urban planning facilities under Article 86 of the National Land Planning and Utilization Act and approval of implementation plan under Article 88 of the same law) (Change)
○ Details of land to be acquired or used and rights other than ownership (Change)
【 Road (Middle Road No. 2-343) 】
| Serial Number | Location | Land Number | Type | Area (㎡) | Owner | Rights other than ownership | Rights details | Remarks | |||
| Cadastral | Incorporated | Name | Address | Name | Address | ||||||
| 1 | U-dong | 1086-10 | Land | 10 | 4 | National (Ministry of Construction) | Paid Sale | ||||
| 2 | U-dong | 1087-55 | Land | 662 | 141 | IV Shilla Co., Ltd. | 401, 18-8, Suyeong-ro, Nam-gu, Busan | ||||
| 3 | U-dong | 1179-22 | Old | 805 | 805 | National (Ministry of Construction) | Retained | ||||
| 4 | U-dong | 1083-13 | Land | 1 | 1 | National (Ministry of Construction) | Paid Sale (Land Division) | ||||
| 5 | U-dong | 1083-8 | Land | 73 | 20 | Busan City | Retained | ||||
| 6 | U-dong | 1078-11 | Land | 125 | 125 | Haeundae-gu | Retained | ||||
| 7 | U-dong | 1075-2 | Land | 265 | 114 | IV Shilla Co., Ltd. | 401, 18-8, Suyeong-ro, Nam-gu, Busan | ||||
| 8 | U-dong | 1075-3 | Land | 257 | 103 | IV Shilla Co., Ltd. | 401, 18-8, Suyeong-ro, Nam-gu, Busan | ||||
| 9 | U-dong | 1072-52 | Land | 285 | 123 | IV Shilla Co., Ltd. | 401, 18-8, Suyeong-ro, Nam-gu, Busan | ||||
| 10 | U-dong | 1072-170 | Land | 122 | 3 | Samhan Construction Co., Ltd. | 1108, 152, Jasung-ro, Nam-gu, Busan | ||||
| 11 | U-dong | 1072-206 | Land | 124 | 89 | IV Shilla Co., Ltd. | 401, 18-8, Suyeong-ro, Nam-gu, Busan | ||||
| 12 | U-dong | 1072-161 | Land | Busan City | Paid Sale | ||||||
| 13 | U-dong | 1072-222 | Land | 6 | 6 | Busan City | Paid Sale | ||||
| 14 | U-dong | 1179-17 | Old | 124 | 124 | National (Ministry of Land, Infrastructure, and Transport) | Paid Sale | ||||
| 15 | U-dong | 1072-5 | Iron | 473 | 473 | National (Ministry of Land, Infrastructure, and Transport) | Paid Sale | ||||
| 16 | U-dong | 1072-259 | Land | 333 | 333 | Haeundae-gu | Paid Sale 90㎡ (Cultivated land, parking lot) Retained 243㎡ (Sidewalk and embankment) | ||||
| 17 | U-dong | 1072 | Land | 232 | 232 | IV Shilla Co., Ltd. | 401, 18-8, Suyeong-ro, Nam-gu, Busan | ||||
| 18 | U-dong | 1072-160 | Land | 96 | 96 | Busan City | Paid Sale 6㎡ Retained 90㎡ | ||||
| 19 | U-dong | 1179-18 | Old | 262 | 262 | National (Ministry of Land, Infrastructure, and Transport) | Paid Sale | ||||
| Total | 4,257 | 3,056 | |||||||||
【 Road (Middle Road No. 2-76) 】
| Serial Number | Location | Land Number | Type | Area (㎡) | Owner | Rights other than ownership | Rights details | Remarks | |||
| Cadastral | Incorporated | Name | Address | Name | Address | ||||||
| 1 | U-dong | 1072-258 | Land | 2,268 | 2,204 | Haeundae-gu | |||||
| 2 | U-dong | 1072-228 | Land | 34 | 34 | Haeundae-gu | |||||
| Total | 2,302 | 2,238 | |||||||||
Reasons and content for the 4th change in the business implementation plan
A. Reduction in total floor area and building area
B. Change in the finishing height of individual unit windows and bathrooms
C. Change in the location and area of welfare facilities (elderly welfare facility, small library)
D. Reduction in the finishing height of sales facilities
E. Addition of community sports facilities and changes in the locations of machinery rooms (food waste disposal facilities) etc.
F.
Change of land number due to land division [U-dong 1083-2 → 1083-13, incorporated area 1㎡ (no change)].
End.
Classification
Announcement
기관 Classification
District
기관
Haeundae-gu
Announcement/Notice Number
No. 2025-119
Title
Notification of Approval for the Change in the Implementation Plan of the U-dong 2 Redevelopment Project (4th)
Date
September 3, 2025
#U-dong2 Redevelopment, #VenueveHaeundae, #Haeundae Apartment Sales, #Busan Redevelopment, #Busan Reconstruction, #New Haeundae Apartment, #U-dong Apartment, #Centum City Apartment, #Marine City Apartment, #Next to L City, #Double Subway Station Area, #BEXCO Station Apartments, #Donghae Line Apartments, #BuTX Development, #Manduk-Centum Road, #Haeundae View, #Gwangalli View, #Haeundae School District, #Centum Academy Area, #Gangdong Elementary School District, #Haeundae Middle School, #Haeundae Women's Middle School, #High-Quality Apartments, #Curtain Wall Look Apartments, #Imported Appliance Options, #Concierge Service, #Busan Sales Giant, #September 2025 Sale, #Busan Apartment Investment, #Haeundae Premium, #New Busan Sales
Frequently Asked Questions (FAQ)
Q. What is the schedule and scale for the general sale of Haeundae Venueve Apartments?
The Venueve Haeundae apartment is scheduled for general sale in September 2025, with 629 out of 660 households available to the public.
Venueve Haeundae is part of the redevelopment project ongoing in U-dong 2 district of Haeundae-gu, Busan, and is scheduled for general sale in September 2025. The complex consists of a total of 660 households, with 629 available for public sale. The exclusive areas range from 59㎡, 84㎡, to 99㎡, catering to various housing demands.
Q. How is the sale price for Venueve Haeundae Apartments determined?
The sale price is expected to be between 42 million and 45 million won per pyeong.
The general sale price for Venueve Haeundae is expected to range between approximately 42 million and 45 million won per pyeong. This is assessed based on the excellent location conditions in Haeundae-gu, premium finishes, and various community facilities. The high-rise panoramic view and state-of-the-art design are expected to enhance the investment value.
Q. What are the recent changes in the implementation plan for the U-dong 2 redevelopment project?
Reductions in total floor area and building area, changes to window and bathroom finishing heights, and adjustments to welfare facilities' locations are among the changes.
Recently, the U-dong 2 redevelopment project has undergone modifications through the notification of the 4th implementation plan change. Key changes include reductions in total floor area and building area, along with adjustments to the finishing heights of windows and bathrooms for each unit. Additionally, there have been changes in the locations and sizes of welfare facilities such as the elderly welfare facility and the small library, the addition of community sports facilities, and reduction of the finishing heights of commercial facilities. These changes are actions taken to enhance resident convenience and project efficiency.
Q. What is the location and transportation environment of Venueve Haeundae Apartments?
Located at the center of Rich Belt connecting Centum City, Marine City, and L City, it connects directly to two subway stations.
Venueve Haeundae is located in U-dong 1074, Haeundae-gu, Busan, providing excellent locational advantages. Situated at the core of the Rich Belt connecting Centum City, Marine City, and L City, it is a double subway station area directly connected to BEXCO Station on subway line 2. In addition, there are many transportation developments such as the proximity to Donghae Line BEXCO Station, the Manduk-Centum urban express way, and Busan-type rapid transit (BuTX) plans, leading to expected future price appreciation.
Q. What is the education infrastructure like around Venueve Haeundae Apartments?
It possesses an excellent school district, including Gangdong Elementary School, Haegang Middle School, and Haeundae Middle and Women’s Middle Schools adjacent to the Centum academy area.
This complex is situated in a high-quality area with excellent educational environment in Haeundae-gu. Nearby are Gangdong Elementary School, Haegang Middle School, Haeundae Middle School, and the Women's Middle School. There is also a close proximity to the Centum academy area, making it a high-achieving area. This educational infrastructure is a significant attraction for families focused on their children's education.
Q. What is the living environment and internal facilities of Venueve Haeundae Apartments like?
A super high-rise building with 48 floors featuring curtain wall design, imported appliances, and dedicated concierge service.
Venueve Haeundae is designed as a super high-rise building of 48 floors, providing panoramic views from Haeundae to Gwangalli. The exterior is designed with a sophisticated curtain wall look, and premium imported appliances and materials are used inside to create a luxurious residential environment. The apartments offer exclusive concierge services for residents, providing a differentiated lifestyle space that balances convenience with luxury.
Q. What is the opening schedule for the Venueve Haeundae model house?
The model house is scheduled to open officially in September 2025 in Jaseong-dong of Haeundae-gu.
The model house for Venueve Haeundae Apartments is scheduled for an official opening in September 2025, located in Jaseong-dong, Haeundae-gu. Visitors can check details such as complex design, internal structure, materials, and community facilities at the model house, and inquiries and consultations for the sale will also be conducted. This allows potential buyers to confirm the actual model and receive ample information before purchasing, increasing interest and participation.
