Table of Contents
Dadae Daehae Apartment Reconstruction / Notification of the Dismantlement Plan for Dadae 4 District Reconstruction Project
- Area of Dadae-dong, Saha-gu, 80-14, feasibility drop due to failed redevelopment
The Saha-gu of Busan has announced the dismantlement plan for the Dadae 4 District reconstruction project. The area is located at 80-14, Dadae-dong, Saha-gu, covering an area of 14,800㎡. This maintenance area has been revoked two years after its designation on April 26, 2023.
This revocation is conducted at the request of more than half of the landowners in accordance with Article 21, Paragraph 1, Item 6 of the Urban and Residential Environment Maintenance Act. The public notice period is a total of 38 days from October 1, 2025, to November 7, 2025, and residents can submit their opinions through the Residential Maintenance Division of Saha-gu Office.
The legal basis for the dismantlement of the maintenance area is specified in Article 21, Paragraph 1, Item 6 of the Urban and Residential Environment Maintenance Act. According to this clause, when more than half of the landowners request dismantlement, the head of the local government can exercise discretion to implement it. Thus, if the establishment of an association or the promotion of the project is not proceeding smoothly, the maintenance area can be dismantled solely based on requests from the residents.
The discussions about dismantlement in Dadae 4 District mainly arose from the decrease in feasibility due to rising construction costs. In particular, redevelopment and reconstruction projects in relatively weak areas are facing difficulties in securing profitability due to the simultaneous increase in construction and financing costs. Consequently, instances of project cancelation are increasing. Experts warn that the situation in Dadae 4 District is not merely a single event but that the likelihood of similar dismantlements occurring in other districts in the future is high.
Recently, examining the sale price of a 84㎡ unit in Dadae Lotte Castle Blue (completed in 2016, 2,250 units), the price has formed between the high threes to mid-fours in billions.
This indicates that, despite being a major brand complex in Saha-gu, there is a significant price gap compared to mid-upper positioned complexes in Busan.
This well illustrates the difficulties faced in promoting the reconstruction of Dadae 4 District.
Ultimately, the Dadae 4 District is proceeding with the revocation procedure based on the consent of a majority of residents. Due to this announcement, the promotion of reconstruction is expected to be effectively halted. Recently, similar cases have frequently occurred in Busan, attracting attention to the possibility of a series of dismantlements of lower land redevelopment and reconstruction projects.
Announcement No. 2025-1200 of Saha-gu, Busan Metropolitan City
Notice of Dismantlement Plan for Dadae 4 Reconstruction Project
As designated by Busan Metropolitan City Notice (No. 2023-141, April 26, 2023)
For the Dadae 4 Reconstruction Maintenance Area, a public notice is being held based on the request of more than half of the landowners in accordance with Article 21 (Revocation of Maintenance Area etc.) of the Urban and Residential Environment Maintenance Act. If you have any opinions, please submit them to the public notice location during the public notice period.
October 1, 2025
Mayor of Saha-gu, Busan Metropolitan City
1. Public Notice Period
： October 1, 2025 ~ November 7, 2025 (38 days)
2. Public Notice Location
： Residential Maintenance Division, Saha-gu Office, Busan Metropolitan City [☎ (051)220-5204]
3. Public Notice Content
： Dismantlement Plan
a. Dismantlement Report of Maintenance Area
| Designation Type | District Name | Area (thousand ㎡) | Location |
| Dismantlement | Dadae-Reconstruction-4 | 14.8 | Area of 80-14, Dadae-dong, Saha-gu |
b. Reason for Dismantlement: Dismantlement of the maintenance area according to Article 21 (Revocation of Maintenance Area etc.) Paragraph 1 Item 6 of the Urban and Residential Environment Maintenance Act
4. Public Notice Documents
： Omitted for publication (available at the notice location)
5. Opinion Submission Location
： Residential Maintenance Division, Saha-gu Office (
Submit using the reference form)
Attachment: Form for Submission of Public Notice Opinions.
Classification
Announcement
Agency Classification
District Office
Agency
Saha-gu
Notice Number
No. 2025-1200
Title
Notice of Dismantlement Plan for Dadae 4 Reconstruction Project
Date
October 1, 2025
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Frequently Asked Questions (FAQ)
Q. What is the reason for the dismantlement of the Dadae 4 District reconstruction project?
The dismantlement was due to the request of the majority of residents following a deterioration in feasibility from rising construction costs.
The feasibility of the Dadae 4 District reconstruction project has significantly dropped due to increases in construction and financing costs, leading to its discontinuation. In particular, reconstruction projects in weakly positioned areas are facing difficulties due to cost and profitability issues. Consequently, the majority of landowners requested the dismantlement of the maintenance area, and the head of Saha-gu Office is proceeding with the revocation procedure based on legal grounds.
Q. On what legal basis is the dismantlement of the maintenance area carried out?
It is based on the request of the majority of landowners in accordance with Article 21, Paragraph 1, Item 6 of the Urban and Residential Environment Maintenance Act.
The dismantlement of the maintenance area is specified in Article 21, Paragraph 1, Item 6 of the 'Urban and Residential Environment Maintenance Act'. According to this clause, if the majority of landowners request dismantlement, the head of the local government is empowered to revoke the maintenance area. Therefore, when the establishment of an association or the promotion of the project is not proceeding smoothly, it is possible to revoke the area based on the requests of residents, and Dadae 4 District was also revoked following this legal procedure.
Q. What is the public notice period for the dismantlement and how can opinions be submitted?
The public notice period is from October 1, 2025, to November 7, 2025, and opinions can be submitted to Saha-gu Office.
The public notice for the dismantlement of the Dadae 4 District maintenance area will be conducted for a total of 38 days from October 1, 2025, to November 7, 2025. Residents and interested parties can visit or contact the Residential Maintenance Division of Saha-gu Office to submit their opinions. Related forms are also available at the public notice location, and the opinions of residents may be reflected in the decision on the dismantlement.
Q. What impact does the dismantlement of the Dadae 4 District reconstruction project have on the local real estate market?
The discontinuation of the Dadae 4 District reconstruction project is expected to dampen reconstruction activities in the area and similar districts.
The dismantlement of Dadae 4 District effectively halts the promotion of reconstruction in the area and increases the likelihood of a series of dismantlements in lower positioned redevelopment and reconstruction projects across Busan. The sale prices of Dadae Lotte Castle Blue apartments are also relatively lower compared to mid-upper positioned complexes, negatively affecting the profitability and growth potential of the local real estate market. Experts believe this trend could be a significant turning point for the ongoing urban maintenance projects in Busan.
