Table of Contents
Eco Delta City 12BL e-Pyeonhansesang scheduled for sale in 2026, private participation in public housing construction project
Public housing construction project plan approval announcement, contractor DL E&C, expected move-in in 2029
The ‘Eco Delta City 12BL Private Participation Public Sale Housing Construction Project’ being conducted in Eco Delta City Block 12 in Gangdong-dong, Gangseo-gu, Busan has finally received project plan approval. This approval announcement was made as Busan Metropolitan City Announcement No. 2025-443, marking the official first phase of public sale supply in Eco Delta City.
With these processes underway, local housing supply is expected to become more active. It is necessary to pay attention to future market changes and investment opportunities.
This project, driven by Busan Urban Corporation, includes private companies such as DL E&C, Shin-Hwa General Construction, Heungwoo Construction, and Daesung Moon. Particularly, it is highly likely that DL E&C’s apartment brand ‘e-Pyeonhansesang’ will be applied, which is expected to significantly increase brand preference within Eco Delta City. This aspect has garnered considerable attention for the project.
The site is located in Eco Delta City 12BL in Gangdong-dong, Gangseo-gu, with an area set at 71,851㎡. According to the plan, this location will consist of 15 buildings ranging from the basement level 1 to the 23rd floor, with a total of 1,086 units. All units will be provided in a single 84㎡ exclusive area format. The total cost of this project is estimated to be about 563.4 billion won, with the project period planned from November 19, 2025, to May 31, 2029.
The project advancement process is as follows. Participation in the project was decided in 2023, and in 2024, screening and selection of the private company was conducted. Subsequently, in October 2024, an integrated review was completed, and construction is set to begin in 2026, with expected move-in in 2029.
Location conditions are very important. Eco Delta City is a nationally designated area for the creation of smart cities, featuring an environmentally friendly waterfront environment, spacious green spaces, and continuously developing smart transportation infrastructure. Various innovative urban services related to water management, energy, and AI-based city management are expected to be introduced, making it a key area anticipated to increase in value as a new residential area. Furthermore, there are also plans for upcoming sales in nearby Eco Delta City 2BL, attracting even more interest.
Despite the recent difficulties facing the local sales market, there are still remarkable aspects in public sale housing. Consumer reactions are expected to be a crucial variable at the time of future sales.
The application of the e-Pyeonhansesang brand, a scale of 1,086 units, the location characteristics of a smart city, and the expected occupancy in 2029 are all regarded as factors that could attract significant demand.
Announcement No. 2025-443 by Busan Metropolitan City
Public housing construction project plan approval announcement
The public housing construction project plan for the “Eco Delta City 12BL Private Participation Public Sale Housing Construction Project” in Gangdong-dong, Gangseo-gu, Busan has been approved and is hereby announced in accordance with Article 35, Paragraph 5 of the Public Housing Special Act as follows.
November 19, 2025
Mayor of Busan Metropolitan City
1. Project Name
: Eco Delta City 12BL Private Participation Public Sale Housing Construction Project
2. Project Implementer
a. Name of implementer and representative: Shin Chang-ho, Busan Urban Corporation
[Private participants in public housing construction project: DL E&C, Shinhwa General Construction, Heungwoo Construction, Daesung Moon]
b. Address: 156 Sincheon-daero, Busanjin-gu, Busan
3. Project Overview
a. Site Location: Eco Delta City 12BL, Gangdong-dong, Gangseo-gu, Busan
b. Site Area: 71,851㎡
c. Project Scale: 1 basement floor/23 floors above ground, 15 buildings, total floor area of 173,775.1810㎡,
1,086 units of multi-family housing
d. Project Purpose: Multi-family housing (apartments) and auxiliary welfare facilities
e. Structure: Reinforced concrete frame structure
f. Project Cost: 563,440,000 thousand won
4. Project Period
: From November 19, 2025 to May 31, 2029 (tentative)
5. Special Matters
: Matters to be deemed as approved in accordance with Article 35 of the Public Housing Special Act
6. Other
: Related documents are available at the Housing Policy Division of Busan Metropolitan City (☏051-888-4201) and the Architectural Division of Gangseo-gu Office (☏051-970-2682) for viewing by interested parties and the public.
Category
Announcement
Agency Classification
City
Agency
Busan Metropolitan City
Announcement Number
2025-443
Title
Public housing construction project plan approval announcement
Date
2025-11-19
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Frequently Asked Questions (FAQ)
Q. What is the basic overview of the Eco Delta City 12BL private participation public sale housing construction project?
The Eco Delta City 12BL project is a public sale housing construction project supplying 1,086 apartments in Gangdong-dong, Gangseo-gu, Busan.
The Eco Delta City 12BL private participation public sale housing construction project comprises 15 buildings ranging from basement level 1 to ground level 23, with a total of 1,086 apartments built on a site of 71,851㎡ in Gangdong-dong, Gangseo-gu, Busan. It received project approval on November 19, 2025, in accordance with the Public Housing Special Act, with participation from private developers like DL E&C. All units will be composed of a single type with an exclusive area of 84㎡.
Q. Who are the main implementers and contractors of this project?
The implementing agency is Busan Urban Corporation, and the contractor is DL E&C and private businesses.
The implementing agency is Busan Urban Corporation, represented by Shin Chang-ho, with private participants in the public housing construction project being DL E&C, Shinhwa General Construction, Heungwoo Construction, and Daesung Moon. DL E&C is expected to apply the ‘e-Pyeonhansesang’ brand in this complex, which anticipates a high preference for the brand within the region.
Q. What is the schedule for this project and when is moving in expected?
The project is scheduled to start in November 2025, with expected move-in in May 2029.
This project is scheduled to start on November 19, 2025, and end on May 31, 2029. Construction is set to begin in 2026, with the move-in planned for 2029. The decision to participate in the project was made in 2023, followed by the recruitment of private developers and selection of candidates conducted in 2024.
Q. What are the characteristics of the location where the Eco Delta City 12BL housing is situated?
Eco Delta City features an environmentally friendly waterfront environment and advanced urban infrastructure as a smart city.
Eco Delta City is a designated area for smart city development by the state, featuring environmentally friendly waterfront and spacious green spaces. The smart traffic infrastructure is developed, and advanced urban services such as water management, energy, and AI-based city management are expected to be introduced, making it a key area anticipated to enhance residential environment and future value. Interest is also focused on the nearby sale of 2BL.
Q. What is the brand and scale of the upcoming apartments for sale?
Branded apartments ‘e-Pyeonhansesang’ in size of 1,086 units, with a single area of 84㎡.
This project is likely to apply DL E&C’s apartment brand ‘e-Pyeonhansesang,’ comprising a total of 1,086 units. All units are designed with a single area of 84㎡ to meet the diverse demands of consumers. This brand is well-recognized within Busan, expected to attract significant interest from consumers.
