Table of Contents
Haeundae Vista Dongwon Phase 2 Sale Schedule, Aerial View, Number of Units, Layout, Timeline
A mixed-use development project being carried out at 1364-1 Jung-dong, Haeundae-gu, Busan has received housing construction business plan approval and completed the urban management plan decision and land surveying notification procedures, officially starting.
According to Notification No. 2026-25 of Busan Metropolitan City Haeundae-gu, the business plan was approved on February 13, 2026, with the implementation period set from March 31, 2026, to June 30, 2030.
Based on this timeline, it appears likely that sales will occur within the second quarter of 2026.
A project named 'Construction of Residential Complex at 1364-1 Jung-dong' is underway in Haeundae-gu. The project developer is Asiad Comprehensive Development Co., Ltd., and the land area totals 9,904.2㎡. The project consists of 6 underground floors and 47 above-ground floors, with a total floor area of 130,819.3471㎡.
This high-rise mixed-use complex will consist of 3 blocks, comprising 516 housing units for residential space. Additionally, 102 officetels will be provided for commercial space. The zoning is designated as a general commercial area, with a building coverage ratio limited to below 80% and a planned floor area ratio restricted to below 834%.
The market expects that a successful sale of the 'Haeundae Vista Dongwon' will lead to a high likelihood of subsequent projects, including 'Haeundae Vista Dongwon Phase 2'. The total cost of this project is approximately 876.8 billion won and is being highlighted as a landmark complex that shapes the high-rise skyline.
This project received approval from the Busan City Housing Business Joint Committee in November 2024. Subsequently, an environmental impact assessment consultation and public briefing are scheduled for 2025.
The business area has raised the need to improve the urban landscape and residential environment, mixed with existing vacant lands and old buildings.
With the decision of the urban management plan, the new district unit plan area has been set to 10,979㎡. Along with this, a portion of the Mid-Road 3-94 has been expanded from 16m to 19m, and the Secondary Road 2-159 has been widened from 8m to 10m. Additionally, a pedestrian-only road will also be newly created.
Moreover, plans have been established for a public open space of 1,163.96㎡, and relaxation of the floor area ratio will be applied through the provision of public facility sites. This infrastructure maintenance is expected to contribute to the region's development.
Jung-dong in Haeundae is an area densely populated with high-rise mixed-use and ultra-luxury residential facilities over 40 stories high. It is located near BEXCO, the center of Haeundae's commercial district, excellent educational zones, and various living infrastructures, making the residential environment highly favorable. Furthermore, the excellent transportation accessibility is also a significant advantage.
Particularly, since a high-rise residential complex will be built within the general commercial area, this project is recognized for its location, brand, and scale.
Due to the recent rise in construction costs and premium for the Haeundae area, the sale price is expected to be quite high. As the business plan approval is completed, future sale schedules, unit compositions, and announcements of sale prices will be significant variables in the market.
Notification No. 2026-25 of Busan Metropolitan City Haeundae-gu
Approval of housing construction business plan and determination of urban management plan (district unit planning area and district unit plan) and land surveying notification
1. The housing construction business plan for 1364-1 Jung-dong, Haeundae-gu, Busan has been approved in accordance with Article 15 of the Housing Act, and the notification is made as follows in accordance with Article 15, paragraph 6 of the same law and Article 30, paragraph 5 of the Enforcement Decree of the same law.
2. The decision concerning the urban management plan (district unit plan area and district unit plan) that is deemed to be under Article 19 of the Housing Act is notified as determined in accordance with Article 30 of the National Land Planning and Utilization Act and Article 25 of the Enforcement Decree of the same law and the land surveying notification is made in accordance with Article 32 of the National Land Planning and Utilization Act and Article 27 of the Enforcement Decree of the same law as well as Article 8 of the Basic Land Use Regulation Act and Article 7 of the Enforcement Decree of the same law.
3. Related documents are available at the Architecture Division of Haeundae-gu, Busan Metropolitan City and are accessible to the general public and interested parties; publication of relevant maps is omitted. (Land Link "http://www.eum.go.kr" is available for viewing)
February 25, 2026
Mayor of Haeundae-gu, Busan
1. Name of the project:
Construction of Residential Complex at 1364-1 Jung-dong, Haeundae-gu
2. Name/Address of the business entity
a. Name: Asiad Comprehensive Development Co., Ltd. (CEO Lee Dae-lim)
b. Address: 303, Sangga-dong, 754 Suyeong-ro, Suyeong-gu, Busan (Minrak-dong, Centum Vista Dongwon)
3. Location, area of implementation, and scale of constructed housing
a. Location: Area of 1364-1 Jung-dong, Haeundae-gu, Busan
b. Land area: 9,904.2㎡
c. Building area: 3,959.0691㎡
d. Total floor area: 130,819.3471㎡
e. Building scale: 6 basement/47 above ground floors, 3 blocks, housing unit (apartment - 516 units), commercial facilities (officetel - 102 units)
f. Use: housing (apartment) and ancillary welfare facilities, commercial facilities (officetel), neighborhood living facilities
4. Date of business plan approval:
February 13, 2026.
5. Business implementation period:
March 31, 2026 ~ June 30, 2030.
6. Matters deemed to be notified under Article 19, paragraph 1 of the Housing Act
a. Building permit under Article 11 of the Building Act
b. Urban management plan decision (district unit planning area and district unit plan) under Article 30 of the National Land Planning and Utilization Act, and development permission under Article 56 of the same law
c. Agricultural land conversion permit under Article 34 of the Agricultural Land Act
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Decision of the Urban Management Plan (district unit planning area and district unit plan)
1. Decision of the Urban Management Plan (district unit planning area and district unit plan)
a. Record of determination on the district unit planning area
| Type | Map Indication Number | District Name | Location | Area (㎡) | Initial Decision Date | Remarks | ||
| Previously Determined | Change | After Change | ||||||
| Newly Established | - | District Unit Planning Area of 1364-1 Jung-dong | Area of 1364-1 Jung-dong, Haeundae-gu | - | Increase to 10,979 | 10,979 | - | - |
○ Reason for Decision
| Map Indication Number | Location | Decision Details | Reason for Decision |
| - | Area of 1364-1 Jung-dong | ㆍNewly established district unit planning area - Area: 10,979㎡ | ㆍTo rationalize land use and enhance its functions by constructing residential complexes through housing construction businesses in developable land within the city, ensuring a favorable urban environment, and systematically managing it, we intend to establish and decide the district unit planning area. |
○ Decision Record of Urban Management Plan regarding zoning and facility layout
1) Decision record of urban management plan regarding the subdivision of land use areas and changes between subdivided land use areas: No changes
| Classification | Area (㎡) | Rate (%) | Remarks | |||
| Previously Determined | Change | After Change | ||||
| Total | 10,979 | - | 10,979 | 100.0 | ||
| General Commercial Area | Fire Safety Zone | 10,979 | - | 10,979 | Area within the district | |
| Classification | Scale | Function | Length (m) | Starting Point | End Point | Usage Type | Major Passage | Initial Decision Date | Remarks | |||
| Grade | Type | Number | Width (m) | |||||||||
| Previously Determined | Mid-Road | 3 | 94 | 12~19 | Collector Road | 466 | Woongdong 585 | Jung-dong (Dae 3-48) | General Road | - | Building Notice No. 555 (1972.12.30) | - |
| Change | Mid-Road | 3 | 94 | 12~19(3) | Collector Road | 466(48) | Woongdong 585 | Jung-dong (Dae 3-48) | General Road | - | Building Notice No. 555 (1972.12.30) | Expansion of partial section width B=16m→19m |
| Previously Determined | Secondary Road | 1 | 46 | 10~13 | Local Road | 323 | Jung-dong 1394-393 | Jung-dong 1368-2 | General Road | - | Building Notice No. 555 (1972.12.30) | - |
| Change | Secondary Road | 1 | 46 | 10~13 | Local Road | 323 | Jung-dong 1394-393 | Jung-dong 1368-2 | General Road | - | Building Notice No. 555 (1972.12.30) | Change at the junction with Mid-Road 3-94 |
| Previously Determined | Secondary Road | 2 | 159 | 8 | Local Road | 166 | Jung-dong 1783-2 | Jung-dong 1365-13 | General Road | - | Building Notice No. 555 (1972.12.30) | - |
| Change | Secondary Road | 2 | 159 | 8~10(2) | Local Road | 166(71) | Jung-dong 1783-2 | Jung-dong 1365-13 | General Road | - | Building Notice No. 555 (1972.12.30) | Expansion of partial section width B=8m→10m |
| Newly Established | Secondary Road | 2 | 85 | 8~9 | Special Road | 48 | Secondary Road 2-159 | Secondary Road 2-4 | Pedestrian Road | - | - | - |
| Newly Established | Secondary Road | 3 | 62 | 4 | Local Road | 52 | Jung-dong 1716-2 | Jung-dong 1446-2 | General Road | - | - | - |
2) Decision Record of Urban Management Plan concerning the distribution and scale of infrastructure
※ ( ) indicates the width and extension within the district unit planning area
○ Road change reason record
| Previous Road Name | Changed Road Name | Change Details | Reason for Change |
| Mid-Road 3-94 | Mid-Road 3-94 | ㆍPartial Section Width Expansion - B=16m→19m | ㆍTo minimize inconvenience for local residents and ensure smooth traffic flow, partial section width expansion |
| Secondary Road 1-46 | Secondary Road 1-46 | ㆍChange at the junction with Mid-Road 3-94 | ㆍTo minimize inconvenience for local residents and ensure smooth traffic flow, junction change |
| Secondary Road 2-159 | Secondary Road 2-159 | ㆍPartial Section Width Expansion - B=8m→10m | ㆍTo minimize inconvenience for local residents and ensure smooth traffic flow, partial section width expansion |
| - | Secondary Road 2-85 | ㆍNew Road Establishment - B=8~9m, L=48m | ㆍTo ensure safe commuting for students, establishment of a pedestrian road |
| - | Secondary Road 3-62 | ㆍNew Road Establishment - B=4m, L=52m | ㆍTo minimize inconvenience for local residents and to promote smooth communication within and outside the project area and surrounding areas, a new road is established |
3) Decision Record concerning the scale and composition of households and plots
| Map Number | Household Number | Area (㎡) | Plot | Remarks | ||
| Plot Number | Location | Area (㎡) | ||||
| Total | 10,979.0 | - | - | 10,979.0 | - | |
| - | A | 9,904.2 | 1 | Within the area of 1364-1 Jung-dong | 9,904.2 | Mixed-use land |
| - | 972.0 | - | Within the area of 1720 Jung-dong | 156.0 | Urban planning facility (Mid-Road 3-94) | |
| - | Within the area of 1376-3 Jung-dong | 35.0 | Urban planning facility (Secondary Road 1-46) | |||
| - | Within the area of 1365-7 Jung-dong | 141.0 | Urban planning facility (Secondary Road 2-159) | |||
| - | Within the area of 1641 Jung-dong | 224.0 | Urban planning facility (Secondary Road B) | |||
| - | Within the area of 1234 Jung-dong | 416.0 | Urban planning facility (Secondary Road A) | |||
| 102.8 | - | Within the area of 1364-12 Jung-dong | 39.0 | Public facility land (road) | ||
| - | Within the area of 1375-10 Jung-dong | 63.0 | Public facility land (road) | |||
| - | Within the area of 1375-6 Jung-dong | 0.8 | Public facility land (road) | |||
4) Decision Record of Urban Management Plan regarding building purposes, coverage ratio, floor area ratio, height, etc.
