Table of Contents
D-Pine Centum in Banyeo-dong, Haeundae / Transfer Notice for Banyeo 1-2 District Redevelopment Project
- Banyeo-dong 1349 area of Haeundae-gu, effects, registration execution, mortgage, loan, sales
The redevelopment project of D-Pine Centum and Banyeo 1-2 district in Banyeo-dong, Haeundae-gu, Busan has received construction approval in December 2024. Subsequently, the ownership transfer notice was confirmed for October 1, 2025. This has made transactions and loan executions actively possible.
This project has been carried out over a total area of 26,847㎡, including 750 housing units and 38 neighborhood living facilities, making a total of 788 units. The buildings are structured from 2 underground floors to 28 floors above ground, with 167 units allocated to members and 543 units available for general sale, while 38 units are provided as public housing.
Changes occur significantly due to the transfer notice. First, each unit will be able to complete their ownership transfer registration, leading to active sales and transactions.
Second, through the establishment of mortgages, secured loans become possible, facilitating smoother financial operations. Additionally, the trading of pre-sale rights will be legally protected, providing stability in rights for both members and general buyers.
The Banyeo-dong area has many older residences, but the construction of new apartment complexes is expected to enhance the local value. Particularly, proximity to Centum City is expected to lead to a continued increase in housing demand.
This transfer notice is the final procedure for the move-in and rights settlement of D-Pine Centum, which is anticipated to be a significant turning point for future sales, loans, and stability of actual residence.
Notice No. 2025-1 from Banyeo 1-2 District Housing Redevelopment and Maintenance Association
Banyeo
1-2 District Redevelopment Project Transfer Notice
1. In accordance with Article 83(3) and 86(1) of the Urban and Residential Environment Improvement Act and Article 74(4) of the Enforcement Decree of the same Act, the partial construction approval was officially notified under the Busan Metropolitan City Haeundae-gu Notice No. 2024-91 (2024.07.03.) and the construction approval was notified under the Busan Metropolitan City Haeundae-gu Notice No. 2024-172 (2024.12.11.) for “Banyeo 1-2 District Redevelopment Project.” This notice is to announce the transfer of ownership of the land and buildings in accordance with Article 86(1) and (2) of the Urban and Residential Environment Improvement Act.
2. Related documents are available at the Banyeo 1-2 District Housing Redevelopment and Maintenance Association office (☎ 051-525-6647) and are open to relevant parties.
October 1, 2025
Chairperson of Banyeo 1-2 District Housing Redevelopment and Maintenance Association, Koo Yeong-sik
* Content of notice -
1. Type and name of redevelopment project: Banyeo 1-2 District Redevelopment Project
2. Location and area of the project
1) Location: Outside of 4 plots including 1699 Banyeo-dong, Haeundae-gu, Busan
Formerly: Banyeo-dong 1349 area, Haeundae-gu, Busan
2) Maintenance area: 26,847.4㎡
3) Transfer notice area: 26,847.4㎡, actual land area: 25,829.9㎡
3. Main office of the implementer and name
1) Office: 4th floor, 66 Banyeo-ro, Haeundae-gu, Busan (Banyeo-dong, Hanwha Building)
2) Name: Banyeo 1-2 District Housing Redevelopment and Maintenance Association (Chairperson: Koo Yeong-sik)
4. Management Disposal Plan Approval Date: May 31, 2019.
5. Construction Approval Date: December 3, 2024.
6. Approval and completion notice date: December 11, 2024.
7. Transfer notice details
1) Land
| Type | Location | Category | Area (㎡) | Owner | Remarks |
| Total Transfer Notice Area | | | 26,847.4 | | |
| Residential Land | Banyeo-dong 1699 | Land | 25,829.9 | Banyeo 1-2 District Housing Redevelopment and Maintenance Association and 186 others | |
| Subtotal | | | 25,829.9 | | |
| Urban Planning Road | Banyeo-dong 1700 | Road | 504.6 | Haeundae District | Jongno 2-329 |
| | Banyeo-dong 1701 | Road | 79.5 | Haeundae District | Jongno 2-342 |
| | Banyeo-dong 1702 | Road | 92.1 | Haeundae District | Jongno 1-326 |
| | Banyeo-dong | Road | 341.3 | Haeundae District | Jongno 3-380 |
| Subtotal | | | 1,017.5 | | |
2. Buildings
| Type | Apartment | Neighborhood Facilities | Total |
| Total Floor Area (㎡) | 107,475.1909 | 2,778.2603 | 110,253.4512 |
| Number of Buildings | 8 | 4 | 12 |
| Number of Floors | 2 basement to 28 floors | 1 basement to 1 floor | |
| Number of Units | 750 units | 38 units | 788 |
3. Number of Right Holders for Distribution by Land or Building
| Target for Supply | Total | Member Sale | General Sale | Reserved Land | Public Housing |
| Total | 750 | 167 | 543 | 2 | 38 |
| 39A | 24 | - | - | - | 24 |
| 39B | 14 | - | - | - | 14 |
| 59A | 175 | 42 | 133 | - | - |
| 59B | 88 | 2 | 86 | - | - |
| 74A | 123 | 15 | 108 | - | - |
| 74B | 92 | - | 92 | - | - |
| 84A | 176 | 102 | 73 | 1 | - |
| 84B | 57 | 6 | 51 | - | - |
| 74B-1(103·1903) Mistake Inclusion Unit | 1 | - | - | 1 | - |
Category
Notice
Agency Type
Other Agency
Agency
Banyeo 1-2 District Housing Redevelopment and Maintenance Association
Notice & Announcement No.
No. 2025-1
Title
Transfer Notice for Banyeo 1-2 District Redevelopment Project
Date
October 1, 2025
#Haeundae, #Banyeo-dong, #Banyeo1, #-2District, #Redevelopment, #TransferNotice, #ConstructionApproval, #RegistrationTransfer, #Pre-saleRights, #Sales, #Mortgage, #Loan, #RealEstate, #Apartment, #NewApartment, #BrandApartment, #Centum, #D-PineCentum, #CentumAstroom, #SKConstruction, #MemberSale, #GeneralSale, #PublicHousing, #ConstructionCompany, #NumberOfUnits, #UrbanImprovement, #MaintenanceProject, #Busan, #Haeundae-gu, #RealEstateTransaction, #ActualTransactionPrice
Frequently Asked Questions (FAQ)
Q. What is the transfer notice for the redevelopment project of Banyeo 1-2 district in Haeundae-dong?
The transfer notice for the Banyeo 1-2 district redevelopment project is the ownership transfer notice effective from October 1, 2025.
After the construction approval of the D-Pine Centum and Banyeo 1-2 district redevelopment project conducted in Banyeo-dong 1349 area, the ownership transfer notice was confirmed for October 1, 2025. This notice is a procedure to officially announce the transfer of ownership of the land and buildings within the redevelopment project site, carried out in accordance with relevant laws. The transfer notice serves as an important legal basis for protecting the rights of members and general buyers, facilitating future sales and registrations, and other real estate transactions.
Q. What is the size and composition of the units in this redevelopment project?
Total area of 26,847㎡ with 788 units, including 750 housing units and 38 neighborhood living facilities.
This redevelopment project is being conducted on an approximate scale of 26,847㎡, with buildings constructed from 2 basement floors to 28 above-ground floors, comprising a total of 788 units. Among these, 750 housing units are designated with 167 units for members, 543 units for general sale, and 38 units for public housing. Additionally, 38 neighborhood living facilities are included, providing not only residences but also essential living amenities.
Q. How does the transfer notice affect real estate transactions and loans?
Ownership registration becomes possible, enabling active sales and loan executions through mortgage establishment.
With the transfer notice allowing ownership transfer registration, the registration for each unit will be completed. This activates sales and transaction activities, indicating that pre-sale rights can be traded under legal protection. Furthermore, the establishment of mortgages allows for secured loans, providing stability in financial operations and transactions. This enables both members and general buyers to secure stability in their rights.
Q. What impact does the redevelopment project in Banyeo-dong have on local value?
The construction of new apartments is expected to enhance local value and increase housing demand in proximity to Centum City.
While Banyeo-dong previously had many old residences, the new apartment complexes arising from this redevelopment are anticipated to significantly enhance local value. Especially, the close location to Centum City is expected to continuously increase housing demand. Such development is likely to positively impact the local infrastructure and improvement in the quality of life for residents.
Q. Where can I find additional information regarding the transfer notice for the redevelopment project?
You can view relevant documents at the Banyeo 1-2 District Housing Redevelopment and Maintenance Association office.
Detailed documents and information regarding the transfer notice can be checked at the office of the Banyeo 1-2 District Housing Redevelopment and Maintenance Association, located at 66 Banyeo-ro, Haeundae-gu, Busan. If necessary, inquiries can be made via phone (051-525-6647), and interested parties have the right to access the related materials. It is advisable to verify accurate details and procedures regarding the notice directly at this location.