Table of Contents
- Public announcement of the decision on the maintenance plan and designation of the maintenance area for the Gwangan District 6 redevelopment project and holding of residents' public hearing and briefing
- Announcement No. 2025-1287 by Suyeong-gu, Busan Metropolitan City
- Frequently Asked Questions (FAQ)
Public announcement of the decision on the maintenance plan and designation of the maintenance area for the Gwangan District 6 redevelopment project and holding of residents' public hearing and briefing
- Gwangandeok 1057-2, Suyeong-gu, Current status of the Gwangan redevelopment, District map
The Busan Suyeong-gu Office announced that a public hearing and briefing regarding the 'Decision on the maintenance plan and designation of the maintenance area for the Gwangan District 6 redevelopment project' will be held on November 12, 2025.
The public review period will be from November 14 to December 15, and the residents' meeting will be held on November 26 at 10 AM in the Community Hall on the 2nd floor of the Suyeong-gu Office. Active participation from residents is expected.
This development project is located at Gwangandeok 1057-2 in Suyeong-gu and covers a total area of 109,470㎡. This area is expected to be redeveloped into a large complex with approximately 2,180 households, with the number of association members estimated to be around 1,300.
Plans include the construction of 15 buildings of apartments ranging from 3 underground floors to 39 above ground floors, with a floor area ratio of 295% and a building coverage ratio of 19%. These figures allow for efficient land use.
The project site boasts excellent location conditions. It is close to Suyeong Station on the Busan Metro Line 2 and Mangmi Station on Line 3, which gives it the advantage of being a double station area.
Additionally, access to major roads such as Suyeong-ro, Yeonsu-ro, Beonyeong-ro, and Gwangandaegyo Bridge is excellent, making movement to Haeundae, Centum, and the city center very convenient.
Nearby educational institutions include Suyeong Elementary School, Gwangan Middle School, and Deokmun Girls' High School, providing an excellent school zone, along with well-established living infrastructure such as Costco, Paldo Market, and the Suyeong intersection commercial area.
If the redevelopment in Gwangandeok proceeds smoothly, it is expected that a new residential complex of 5,000 households can be established in conjunction with the nearby Gwangan A area (about 2,550 households) and Gwangan Centum Vista (525 households).
This large apartment complex will be a rare case within Suyeong-gu and is attracting significant interest due to its attractive location that allows simultaneous access to both Gwanganli and Centum living areas.
The Gwangan District 6 area passed the preliminary feasibility review conditionally in March 2024. Then, in May of the same year, the plan for the maintenance plan and the application for the designation of the maintenance area were completed. The current announcement is the final step to notify the designation of the maintenance area, and it is highly likely that the designation announcement will occur in the first half of 2026. After that, the procedures for forming the association and selecting the construction company will follow.
The current selling price for small share-type real estate around Gwangan District 6 ranges from 120 million to 150 million won. This area is known for its relative accessibility and strong business potential among the Gwangan-dong redevelopment zones.
For more detailed information about the Gwangandeok redevelopment project, please refer to the post below.
Announcement No. 2025-1287 by Suyeong-gu, Busan Metropolitan City
Gwangan District 6 Redevelopment Project
Decision on Maintenance Plan and Designation of Maintenance Area
Public Hearing and Residents’ Briefing Announcement
“Gwangan District 6 Redevelopment Project” in Gwangandeok 1057-2, Suyeong-gu, Busan Metropolitan City announces a public hearing and briefing to solicit opinions from landowners and interested parties in accordance with Article 15 of the Urban and Residential Environment Maintenance Act and Article 13 of its enforcement decree. If you have any opinions, please submit them in writing to the Architectural Department of the Suyeong-gu Office during the public review period.
November 12, 2025
Mayor of Suyeong-gu, Busan Metropolitan City
Ⅰ. Purpose of Public Review Announcement
The purpose of this announcement is to hear the opinions of residents and interested parties regarding the “Decision on the Maintenance Plan and Designation of Maintenance Area for the Gwangan District 7 Redevelopment Project” in Gwangandeok 1057-2, Suyeong-gu, Busan Metropolitan City.
Ⅱ. Overview of Residents’ Public Hearing and Briefing
1. Public Hearing
a. Public Review Period: From November 14, 2025 (Friday) to December 15, 2025 (Monday) (at least 30 days from the date of announcement)
b. Public Review Location: Architectural Department of the Suyeong-gu Office, Busan Metropolitan City [☎051-610-4664]
(Tentative) Gwangan District 6 Redevelopment Project Preparation Committee Office [☎051-752-8283]
c. Content of Public Review
1) Maintenance Area Designation Document
| Designation Type | Type of Project | Name of Area | Location | Area (㎡) | Remarks |
| New | Redevelopment Project | Gwangan District 6 Redevelopment Maintenance Area | Gwangandeok 1057-2, Suyeong-gu | 109,470 |
2) Maintenance Plan (Draft):
Refer to Public Review Materials
d. Public Review Materials: Omitted (available at the public review location)
e. How to Submit Opinions: Submit in writing to the Architectural Department of the Suyeong-gu Office during the public review period
2. Residents’ Briefing
a. Date and Time: November 26, 2025 (Wednesday) at 10:00 AM
b. Location: Community Hall (2nd Floor) of Suyeong-gu Office
c. Content: Explanation of the Maintenance Plan Decision and Designation of Maintenance Area (Draft)
Classification
Announcement
Agency Classification
District
Agency
Suyeong-gu
Announcement Number
No. 2025-1287
Title
Public Hearing and Residents’ Briefing Announcement on the Decision of Maintenance Plan and Designation of Maintenance Area for Gwangan District 6 Redevelopment Project
Date
November 12, 2025
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Frequently Asked Questions (FAQ)
Q. When and where will the residents' public hearing and briefing for the Gwangan District 6 redevelopment project be held?
The public review period is from November 14 to December 15, and the residents' meeting will be on November 26 at 10 AM in the Community Hall on the 2nd floor of the Suyeong-gu Office.
The residents' public hearing regarding the Gwangan District 6 redevelopment project will be held from November 14 to December 15, 2025, for about a month. During this period, residents and interested parties can view the maintenance plan (draft) and the designation documents at the Architectural Department of the Suyeong-gu Office and the project preparation committee's office. Additionally, the residents' briefing will take place on Wednesday, November 26, at 10 AM in the Community Hall on the 2nd floor of the Suyeong-gu Office, where detailed explanations about the project will be provided and the opportunity for discussion will be available.
Q. What are the main scale and plans for the Gwangan District 6 redevelopment project?
It is planned to have 2,180 households across 15 buildings, with apartments ranging from 3 underground floors to 39 above ground floors on a total area of 109,470㎡.
The Gwangan District 6 redevelopment project is taking place in an area of approximately 109,470㎡ in Gwangandeok 1057-2, Suyeong-gu, Busan. The project aims to develop a large apartment complex with about 2,180 households, and the number of association members is expected to be around 1,300. The apartments are planned to consist of 15 buildings ranging from 3 underground floors to 39 above ground floors, with a floor area ratio of 295% and a building coverage ratio of 19%, enhancing the efficiency of land use. This is expected to optimize the residential environment and space utilization.
Q. What is the transportation and infrastructure environment like in the Gwangan District 6 redevelopment area?
It has double station access with Suyeong Station on Line 2 and Mangmi Station on Line 3, and is adjacent to major roads and educational/commercial facilities.
This area boasts excellent location conditions. It is close to Suyeong Station on the Busan Metro Line 2 and Mangmi Station on Line 3, benefiting from its 'double station area' advantage in transportation. Also, access to major roads such as Suyeong-ro, Yeonsu-ro, Beonyeong-ro, and Gwangandaegyo Bridge is excellent, making it convenient to travel to Haeundae, Centum, and the city center. The educational zone is also outstanding, with institutions such as Suyeong Elementary School, Gwangan Middle School, and Deokmun Girls' High School located nearby, along with well-established living infrastructure like Costco, Paldo Market, and the commercial area at the Suyeong intersection.
Q. What will be the future procedures and schedule for the Gwangan District 6 redevelopment project?
It is expected to pass the preliminary feasibility review conditionally in March 2024 and to notify the designation of the maintenance area in the first half of 2026.
Gwangan District 6 passed the preliminary feasibility review conditionally in March 2024, and the application for the maintenance plan and area designation was completed in May of the same year. The ongoing residents' public hearing and briefing are the final steps for announcing the designation of the maintenance area. Afterward, the designation notification is expected to occur in the first half of 2026, and following that, the procedures for establishing the association and selecting the construction company will proceed.
Q. What is the real estate market price and business potential like around Gwangan District 6?
The selling prices for small share-type real estate range from 120 million to 150 million won, and it is a region with good business potential.
The selling price of small share-type properties near Gwangan District 6 ranges between 120 million and 150 million won. This area is considered to have excellent accessibility and strong business potential among the Gwangan-dong redevelopment zones. Especially, the combination of its location, transportation, surrounding living infrastructure, and educational district suggests high residential value is expected after future development.
