Table of Contents
Announcement of the maintenance plan decision and designation of the Yongho A Zone redevelopment project
The information about the area and location around 363-1 Yongho-dong, Nam-gu is very interesting.
Especially, the redevelopment status of Yongho-dong is ongoing, divided into zones 1, 7, and 12.
Looking at the features and development plans of each zone, future local development is expected.
The Yongho A Zone redevelopment project is progressing in earnest. With the decision on the maintenance plan and the designation of the maintenance area now announced, the project is on track.
This announcement was finalized just 8 months after the scheduled residents' briefing and public notice in April 2025, being recognized as an example of very swift administrative procedures.
The target area is around 363-1 Yongho-dong, Nam-gu, with an area of about 44,992㎡. This region has been entirely changed to a 3rd type general residential area, meeting the legal requirements for redevelopment.
According to the maintenance plan, the complex will consist of a total of 9 buildings, with approximately 900 units at a maximum height of 29 floors. The number of association members is about 350, and the land area covers about 34,723㎡, accounting for over 77% of the total area.
Infrastructure for roads and parks is planned to be about 10,000㎡, with an average floor area ratio of 238.8%. The planned floor area ratio is 269.18% and, considering the incentives for providing public facilities, the allowable floor area ratio has been recognized up to 271.8%.
The estimated proportional ratio is 100.66%, indicating that the project's feasibility is also expected to be at a good level. These factors further enhance the potential for future development.
It has a distinct geographic advantage. Located within walking distance of Bunpo Elementary School, Yongho Elementary School, Yongho Middle School, Bunpo High School, and Pukyong National University, it boasts an excellent educational environment, with vibrant surrounding academies.
Moreover, being close to Yongho Market and the W·LG Metro commercial area enhances the convenience of living, and it is evaluated as having a pleasant residential environment due to its proximity to natural environments like Igidae Park and Bongori Mountain. The terrain is flat and the land area is spacious, making it easy to arrange the buildings, and it is believed that some units will likely enjoy beautiful views of the Igidae sea.
The transport infrastructure enhances accessibility to Nam-gu, Suyeong-gu, and Haeundae-gu, making it easy to access Gwangandaegyo when traveling by car. This leads to sustained demand for living and working nearby. A positive outlook persists in the local real estate market as well, with ongoing voices stating that "the announcement is imminent."
Yongho-dong is currently a region where various redevelopment projects, including Zones 1, 7, and 12, are actively underway. The confirmation of the maintenance plan for Yongho A Zone serves as a significant turning point that further accelerates the formation of redevelopment belts throughout Yongho-dong.
Combining various positive factors such as project feasibility, location, and the pace of promotion, it is highly likely to become a representative large-scale new residential complex in Nam-gu in the future.
Announcement No. 2025-475 by Busan Metropolitan City
Announcement of the maintenance plan decision and designation of the Yongho A redevelopment project
1. Regarding the maintenance area of the Yongho A redevelopment project at 363-1 Yongho-dong, Nam-gu, Busan, the following maintenance plan decision and area designation are announced in accordance with Article 16 of the Urban and Residential Environment Maintenance Act, and the topographical map is announced in accordance with Article 8 of the Basic Land Use Regulation Act and Article 7 of its Enforcement Decree.
2. Related documents (land connection “http://www.eum.go.kr” available for viewing) are kept at the Busan Metropolitan City Urban Maintenance Division (☏051-888-4231) and the Nam-gu Building Division (☏051-607-4611) for public viewing.
December 10, 2025
Busan Metropolitan City Mayor
I. Designation of Maintenance Area and Maintenance Plan Decision
1. Redevelopment Project Maintenance Area Designation Document
| Designation Type | Type of Project | Name of Area | Location | Area (㎡) | Remarks |
| New | Redevelopment Project | Yongho A Redevelopment Project Maintenance Area | Area around 363-1 Yongho-dong, Nam-gu, Busan | 44,992.1 |
2. Redevelopment Project Maintenance Plan
○ Plan regarding land use
| Category | Name | Area (㎡) | Ratio (%) | Remarks | |
| Urban Management Plan Land Use District | Total | 44,992.1 | 100.0 | ||
| 3rd type general residential area | 44,531.7 | 99.0 | ⦁ From 2nd type → to 3rd type | ||
| 2nd type exclusive residential area | 460.4 | 1.0 | |||
| Urban Management Planning District | - | - | - | ||
| Land and Maintenance Infrastructure (Urban Planning Facility) | Total | 44,992.1 | 100.0 | ||
| [Land] | 34,723.5 | 77.2 | |||
| Multi-family Housing Lot | 34,723.5 | 77.2 | |||
| [Maintenance Infrastructure] (Urban Planning Facility) | 10,268.6 | 22.8 | |||
| Road | 7,988.1 | 17.7 | |||
| Park | 2,280.5 | 5.1 | |||
○ Plan regarding changes in land use districts
| Category | Area (㎡) | Ratio (%) | Remarks | |||
| Existing | Change | After Change | ||||
| Total | 44,992.1 | - | 44,992.1 | 100.0 | - | |
| Land Use Type | 2nd Type Exclusive Residential Area | 460.4 | - | 460.4 | 1.0 | - |
| 2nd Type General Residential Area | 44,531.7 | Reduced) 44,531.7 | - | - | - | |
| 3rd Type General Residential Area | - | Increased) 44,531.7 | 44,531.7 | 99.0 | - | |
■ Justification for Land Use Change
| Map Marking Number | Location | Land Use District | Area (㎡) | Reason for Change | |
| Existing | Change | ||||
| - | Area around 363-1 Yongho-dong | 2nd Type General Residential Area | 3rd Type General Residential Area | 44,531.7 | ⦁ The target area is densely populated with old and poor buildings that require improvement of the residential environment and maintenance of infrastructure, thus wishing to change the land use from 2nd type general residential area to 3rd type general residential area for efficient land use. |
○ Estimated Share Contribution Amounts and Calculation Bases per Land Owner
| Estimated Share Contribution Amount | Total Income Estimate | Total Project Cost Estimate | Estimated Total Asset | Estimated Proportional Ratio |
| 573,672,198,000 KRW | 430,300,934,000 KRW | 142,435,611,000 KRW | 100.66% | |
| Calculation Basis | ⦁ Estimated total asset = sum of estimated total assets per land owner ⦁ Estimated proportional ratio = (Total income estimate – Total project cost estimate) / Estimated total asset ⦁ Share contribution per land owner = membership price - value of rights | |||
※ The above estimated total assets and individual share calculations may change according to future management and disposal plans.
○ Plans regarding primary usage, building coverage ratio, floor area ratio, and height of buildings
| Category | Area Division | Unit or Block Division | Location | Primary Usage | Coverage Ratio (%) | Floor Area Ratio (%) | Height (m) | Remarks | ||
| Name | Area (㎡) | Name | Area (㎡) | |||||||
| Newly Established | Yongho A Redevelopment Project Maintenance Area | 44,992.1 | 1-1 | 27,005.5 | Area around 363-1 Yongho-dong | Multi-family Housing and Auxiliary Welfare Facilities | Below 30% | Below 300% | Below 100m | Average floor area ratio below 271% |
| 2-1 | 7,718.0 | Area around 69 Yongho-dong | Multi-family Housing and Auxiliary Welfare Facilities | Below 30% | Below 165% | Below 85m | ||||
| Housing Scale and Construction Ratio | ⦁ More than 40% of the total number of constructed housing units will be built under 85㎡ | |||||||||
| Matters Related to Construction of Rental Housing | ⦁ More than 10% of the total number of constructed housing units will be constructed as rental housing ⦁ More than 30% of the total rental housing units or more than 5% of the total construction units → constructed as rental housing with a size of 40㎡ or less | |||||||||
| Application of Floor Area Ratio Relaxation Standards | ⦁ The floor area ratio evaluation criteria and relaxation criteria applied as prescribed in the “2030 Busan Metropolitan City Urban and Residential Environment Maintenance Basic Plan” ⦁ Standard floor area ratio: 240% (2nd type exclusive residential area 120%) ⦁ Average floor area ratio: 238.8% ⦁ Floor area ratio relaxation: Incentives for providing public facilities site: 20% allowed; local economic revitalization incentives: designer 5% = 5% applied; sustainable multi-family housing: 5% applied; green architecture and energy efficiency rating certification: 3% applied ⦁ Allowed floor area ratio: below 271.8% (238.8% + 20% + 5% + 5% + 3%) | |||||||||
| Planned Floor Area Ratio | ⦁ 269.18% | |||||||||
Classification
Announcement
Agency Classification
City
Agency
Busan Metropolitan City
Announcement Number
No. 2025-475
Title
Announcement of the maintenance plan decision and designation of the Yongho A redevelopment project
Date
December 10, 2025
#YonghoAzone, #YonghoA redevelopment, #YonghoA maintenance plan, #Yongho-dong redevelopment, #Nam-gu redevelopment, #Busan redevelopment, #Busan maintenance projects, #maintenance plan decision, #maintenance area designation, #Yongho 1st zone, #Yongho 7th zone, #Yongho 12th zone, #Yongho-dong apartments, #Igidae view, #Yongho market commercial area, #LG Metro commercial area, #Bunpo Elementary School district, #Yongho Elementary School district, #near Pukyong National University, #Busan educational location, #Gwangandaegyo accessibility, #land use ratio 77 percent, #zoning area upgrade, #3rd type general residential area, #floor area ratio 269, #mandatory ratio of rental housing, #Busan housing supply, #Nam-gu Yongho-dong, #Busan urban maintenance, #2025 Busan announcement
Frequently Asked Questions (FAQ)
Q. What is the location and area of the Yongho A Zone redevelopment project?
The Yongho A Zone is located in the area of 363-1 Yongho-dong, Nam-gu, Busan, and the area is approximately 44,992㎡.
The target area of the Yongho A Zone redevelopment project is located at 363-1 Yongho-dong, Nam-gu, Busan, covering a total area of about 44,992㎡. This area has been entirely designated as a 3rd type general residential area, meeting legal requirements for redevelopment. The decision on the maintenance plan and the designation of the maintenance area has now been completed, and the project has entered the implementation stage.
Q. What are the main development plans for the Yongho A Zone redevelopment project?
It is planned to consist of a total of 9 buildings, a maximum of 29 floors, and approximately 900 housing units.
According to the maintenance plan for the Yongho A Zone redevelopment project, the complex will comprise a total of 9 buildings, each designed to rise to a maximum height of 29 floors. Approximately 900 housing units are planned for occupancy, with about 350 association members. The land area is allocated about 34,723㎡, constituting over 77% of the total area, with around 10,000㎡ reserved for infrastructure like roads and parks. The average floor area ratio is set at 238.8%, and the allowed ratio has been acknowledged at 271.8% when incorporating incentives. The estimated proportional ratio is 100.66%, indicating solid project feasibility.
Q. What is the location and surrounding environment of the Yongho A Zone redevelopment project like?
Excellent school district, dense living conveniences, and a pleasant natural environment.
The Yongho A Zone boasts an outstanding educational environment as it is located within walking distance of Bunpo Elementary School, Yongho Elementary School, Yongho Middle School, Bunpo High School, and Pukyong National University. The surrounding area also features active academies, providing excellent educational conditions. Furthermore, being close to the Yongho Market and the W·LG Metro commercial area greatly enhances living convenience. Additionally, proximity to natural environments such as Igidae Park and Bongori Mountain contributes to a pleasant residential setting. The terrain is flat, and the area is spacious, making building placement convenient, with some units likely enjoying views of the Igidae sea.
Q. What are the transport infrastructure characteristics of the Yongho A Zone redevelopment project?
Easy access to Nam-gu, Suyeong-gu, and Haeundae-gu, with close proximity to Gwangandaegyo for convenient travel.
The Yongho A Zone is well-equipped with transport infrastructure, allowing convenient access not only to Nam-gu but also to neighboring Suyeong-gu and Haeundae-gu. Particularly, accessing Gwangandaegyo while traveling by vehicle is easy, leading to a consistent demand for residents living close to work. As a result, the real estate market in this region maintains a positive outlook, with ongoing anticipation for an announcement regarding the maintenance plan.
Q. What is the significance of the Yongho A Zone within the Yongho-dong redevelopment project?
It represents a crucial turning point and the core of large-scale new residential complexes in the Yongho-dong redevelopment project.
Yongho-dong is a vibrant area with various redevelopment regions, including Zones 1, 7, and 12, actively underway. The confirmation of the maintenance plan for Yongho A Zone is regarded as a significant turning point accelerating the formation of the redevelopment belt in this region. The combination of positive aspects such as project feasibility, location, and development speed suggests that it has a high likelihood of becoming a prominent large-scale new residential complex representing Nam-gu in the future.
