Table of Contents
Jurye Buksan Apartment Redevelopment / Decision on Jurye District 4 Redevelopment Project Maintenance Plan and Designation of Maintenance Area
- Jurye-dong 616, Sasang District, Location, Progress, Area Map, Project Viability
The redevelopment project for District 4 in Jurye-dong 616, Sasang District has officially started. The decision on the maintenance plan and designation of the maintenance area was made on November 26, 2025, marking the transition to the redevelopment phase.
In particular, this announcement came just 7 months after the residents' briefing session and public notice in April 2025, which highlights the swift progress of the administrative procedures. This speed is expected to positively impact the local residents.
Jurye District 4 is a redevelopment area that includes the Jurye Buksan Apartment, with a total area of approximately 55,233㎡. The existing complexes comprise aging apartments and low-rise houses, and nearby are Dongju Elementary School and Dongju Middle School, providing excellent educational conditions. As a result, it is highly valued as a residential location. Furthermore, the Jurye Lucky Apartment in District 1, which belongs to Jurye, is already undergoing reconstruction, indicating a gradual improvement in the residential environment in the Jurye area. This change is expected to positively influence future investment value.
According to the maintenance plan, the use area classification for this area will significantly change from a second-class general residential area to a third-class general residential area. During this process, new arrangements for apartment land, roads, parks, public buildings, and landscaped green areas are expected.
In particular, the plans include a children's park of 4,443㎡, landscaped green space of 777㎡, and a site for a police box of 620㎡, along with newly constructed and expanded roads, indicating significant improvements in local infrastructure. These changes are expected to enhance the living environment for residents.
The estimated proportional rate for calculating individual contribution fees has been set at 100.1%, and a redevelopment project based on a total revenue of 4.75 trillion won and a project cost of 110.5 billion won will proceed.
In this project, the maximum allowable floor area ratio has been set at 244.4%, and for apartments, the building coverage ratio is set to be below 50%, the floor area ratio is set to be below 243%, and the height is limited to not exceed 100m.
Although specific figures for the total number of units are not specified in the announcement, given the potential for area and use classification upgrades, a large-scale new development complex is expected to be formed.
Jurye District 4 is gaining attention as a key area for the reorganization of the Sasang-Jurye living area. Particularly since reconstruction is underway in District 1, the effects of urban development in the old downtown are highly anticipated.
The designation as a maintenance area is a crucial first step for advancing to the management approval, relocation, and construction stages of the redevelopment project. Consequently, interest in the future project schedule and selection of construction companies is increasing.
Announcement No. 2025-456 of Busan Metropolitan City
Decision on the Maintenance Plan and Designation of the Maintenance Area for the Jurye District 4 Redevelopment Project
1. Regarding the maintenance area of the Jurye District 4 Redevelopment Project within the area of 616 Jurye-dong, Sasang District, this is announced in accordance with Article 16 of the Urban and Residential Environment Maintenance Act as follows, as well as the topographical map in accordance with Article 8 of the Land Use Regulation Basic Act and Article 7 of the Enforcement Decree of the same Act.
2. Relevant documents (land use can be viewed at “http://www.eum.go.kr”) are kept available for public viewing at the City of Busan Department of Urban Maintenance (☏051-888-4232) and at the Sasang District Architectural Department (☏051-310-4492).
November 26, 2025
Mayor of Busan Metropolitan City
I. Designation of the Maintenance Area and Decision on the Maintenance Plan
1. Maintenance Area Designation Record for the Redevelopment Project
| Designation Type | Project Type | Name of Area | Location | Area (㎡) | Remarks |
| New | Redevelopment Project | Jurye District 4 Redevelopment Project Maintenance Area | Within 616 Jurye-dong, Sasang District, Busan | 55,233 |
2. Redevelopment Project Maintenance Plan
○ Plan on Land Use
| Classification | Name | Area (㎡) | Ratio (%) | Remarks | |
| Urban Management Planning Use Area | Total | 55,233 | 100.0 | ||
| Second-Class General Residential Area | 6,520 | 11.8 | |||
| Third-Class General Residential Area | 47,809 | 86.6 | Second-Class → Third-Class | ||
| Natural Green Area | 904 | 1.6 | |||
| Housing and Maintenance Infrastructure (Urban Planning Facilities) | Total | 55,233 | 100.0 | ||
| Housing | 43,588 | 78.9 | |||
| Apartment Land | 42,360 | 76.7 | |||
| Religious Facility Land | 1,228 | 2.2 | |||
| Maintenance Infrastructure (Urban Planning Facilities) | 11,645 | 21.1 | |||
| Road | 5,805 | 10.6 | |||
| Park | 4,443 | 8.0 | |||
| Public Building | 620 | 1.1 | |||
| Landscaped Green Space | 777 | 1.4 | |||
○ Plan for Changes in Use Area
| Classification | Area (㎡) | Composition Ratio (%) | Remarks | ||
| Existing | Change | After Change | |||
| Total | 55,233 | - | 55,233 | 100.0 | |
| Second-Class General Residential Area | 54,329 | Decrease)47,809 | 6,520 | 11.8 | |
| Third-Class General Residential Area | - | Increase)47,809 | 47,809 | 86.6 | |
| Natural Green Area | 904 | - | 904 | 1.6 | |
○ Estimated Contribution Fees and Calculation Basis per Landowner
| Estimated Contribution Fee | Estimated Total Revenue (100 million won) | Estimated Total Project Cost (100 million won) | Estimated Total of Existing Assets (100 million won) | Estimated Proportional Rate (%) |
| 585.73 | 475.03 | 110.57 | 100.1 | |
| Calculation Basis | ∙ Estimated Total of Existing Assets = Sum of Estimated Existing Assets per Landowner ∙ Estimated Proportional Rate = (Estimated Total Revenue - Estimated Total Project Cost) / Estimated Total of Existing Assets ∙ Contribution per Landowner = Union Member Sale Price - Right Value | |||
※ The above estimates of total existing assets and individual contribution amounts may change based on future management and disposition plans
○ Plans for Main Uses, Building Coverage Ratio, Floor Area Ratio, and Height of Buildings
| Classification | Area Division | Development Parcel Division | Location | Main Use | Building Coverage Ratio (%) | Floor Area Ratio (%) | Height (m) | Remarks | ||||||||||||||||||
| Name | Area (㎡) | Name | Area (㎡) | |||||||||||||||||||||||
| Newly Established | Jurye District 4 Redevelopment Project Maintenance Area | 55,233 | I-1 | 42,360 | Within 616-4 Jurye-dong, Sasang District | Apartments and Auxiliary Welfare Facilities | Below 50% | Below 243% | Below 100m | - | ||||||||||||||||
| I-2 | 1,228 | Within 544-8 Jurye-dong, Sasang District | Religious Facility | Below 50% | Below 210% | Below 12m | - | |||||||||||||||||||
| I-3 | 620 | Within 617-2 Jurye-dong, Sasang District | Public Building (Police Box) | Below 50% | Below 210% | Below 12m | ||||||||||||||||||||
| Housing Scale and Construction Ratio | ⦁At least 40% of the total number of units in the constructed housing must be 85㎡ or less | |||||||||||||||||||||||||
| Matters Regarding the Construction of Rental Housing | ⦁At least 10% of the total number of units in the constructed housing or at least 7% of the total floor area of the constructed housing must be designated as rental housing ⦁At least 30% of all rental housing units or at least 5% of the total number of units in the constructed housing must be rental housing with a residential area of 40㎡ or less | |||||||||||||||||||||||||
| Application of Relaxation Standards for Floor Area Ratio | ⦁The standards for evaluating the floor area ratio and relaxation criteria according to the “2020 Busan Metropolitan City Urban and Residential Environment Maintenance Basic Plan (Revised)” shall be applied ⦁Standard Floor Area Ratio Calculation: 210% (Residential Management Area) + 10% (Special Maintenance Area) | |||||||||||||||||||||||||
| Classification | Evaluation Standard Score | ⇨ | Evaluation Standard Points | Land Use | Standard Floor Area Ratio | |||||||||||||||||||||
| Jurye District 4 | 100 points | 32 points | Residential Management Area | 210% | ||||||||||||||||||||||
| ⦁Application of Floor Area Ratio Relaxation▸Incentives for Providing Public Facility Land: 13.4%- 1.5 × (1,951㎡÷43,588㎡) × 200% = 13.4%▸Local Economic Activation Incentives: 11%- Subcontracting (Participation Ratio of Local Companies 40% or more): 6%- Designer (Participation Ratio of Local Companies 50% or more): 5%⇨ Relieved Floor Area Ratio: 13.4% + 11% = 24.4%⦁Permitted Floor Area Ratio Calculation: 220% + 24.4% = 244.4%⦁Planned Floor Area Ratio: below 243% | ||||||||||||||||||||||||||
Classification
Announcement
Institutional Classification
City
Agency
Busan Metropolitan City
Announcement Number
No. 2025-456
Title
Decision on the Maintenance Plan and Designation of the Maintenance Area for the Jurye District 4 Redevelopment Project
Date
November 26, 2025
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Frequently Asked Questions (FAQ)
Q. What is the recent progress of the Jurye District 4 Redevelopment Project?
On November 26, 2025, the maintenance plan decision and designation of the maintenance area were announced, marking the beginning of the redevelopment project.
The redevelopment project for Jurye District 4, located at 616 Jurye-dong, Sasang District, had its maintenance plan decision and maintenance area designation announced on November 26, 2025. This officially transitioned the area to the redevelopment phase. The swift completion of administrative procedures, just 7 months after the public briefing session and notice, has drawn attention and raised expectations among local residents and stakeholders.
Q. What are the main features of the Jurye District 4 Redevelopment area and its surrounding environment?
Jurye District 4 consists of aging apartments and low-rise houses, and is close to Dongju Elementary and Middle Schools, providing excellent educational conditions.
Jurye District 4 is a redevelopment area that includes the Jurye Buksan Apartment, spanning approximately 55,233㎡, and features a mix of aging apartments and low-rise houses. It is well-regarded for its educational conditions with the nearby Dongju Elementary School and Dongju Middle School, and has a high residential preference. Additionally, reconstruction is currently underway at the Jurye Lucky Apartment in adjacent District 1, further enhancing the potential for improved residential environments and increasing regional value.
Q. What changes can be expected in the use area and infrastructure according to the redevelopment project’s maintenance plan?
The use area classification will change from a second-class general residential area to a third-class general residential area, and infrastructure such as children's parks will be expanded.
According to the maintenance plan for Jurye District 4, the use area will be upgraded from the existing second-class general residential area to a third-class general residential area. This will allow for new facilities such as apartment land, roads, parks, public buildings, and landscaped green areas. Notably, improvements to local infrastructure—with a children's park of 4,443㎡, landscaped green space of 777㎡, and a site for a police box of 620㎡, along with new and expanded roads—are expected to greatly enhance the living environment for residents.
Q. What are the key construction plans regarding project costs, floor area ratios, etc., for the redevelopment project?
The total project cost is estimated at 4.75 trillion won, with a maximum floor area ratio of 244.4%, a building coverage ratio below 50%, and a height limit of below 100m.
The Jurye District 4 Redevelopment Project is based on a total revenue of 4.75 trillion won and a project cost of 1,105 billion won. The maximum allowed floor area ratio is set to be 244.4%, while the building coverage ratio for apartments is below 50%, the floor area ratio below 243%, and the building height is limited to not exceed 100m. Although specific unit numbers are not detailed in the announcement, considering the area and changes in classification, it is anticipated that a large-scale new development complex will be formed.
Q. What potential impacts will the Jurye District 4 Redevelopment Project have on the region and what are its future prospects?
It is expected to serve as a key driver for the reorganization of the Sasang-Jurye living area and will further improve the urban environment in the old downtown.
The Jurye District 4 area is recognized as a core redevelopment zone in Sasang-gu, especially as reconstruction is underway in nearby District 1, leading to anticipated improvements in housing conditions and reorganization of living spaces in the old downtown area. The designation of the maintenance area is a crucial first step in transitioning to the management approval, relocation, and construction phases of the redevelopment project. Consequently, interest in the project schedule and selection of constructors is on the rise, signaling positive prospects for both local residents and investors.
