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Completion of Hanwha Foretna Busan Daeyeon / Notice of Completion Approval for the Daeyeon District 3 Reconstruction Maintenance Project
- Reconstruction of the Daeyeon Peninsula Bora at 455-25 Daeyeon-dong, Nam-gu
The reconstruction maintenance project of Daeyeon District 3, located at 455-25 Daeyeon-dong, Nam-gu, Busan has received its completion approval. According to Nam-gu Announcement No. 2026-58, the completion approval date has been set for April 22, 2026.
This complex consists of a total of 6 buildings ranging from 16 to 24 floors above ground and 2 floors below ground level, with a total of 367 households. The site area amounts to 12,214.8㎡ and a total floor area of 49,047.0784㎡. The usage includes residential apartments, ancillary welfare facilities, and neighborhood commercial facilities.
Hanwha Foretna Busan Daeyeon is managed by the Daeyeon District 3 Reconstruction Maintenance Project Association and constructed by Hanwha Construction Division. According to the official sales site, 104 out of 367 households will be available for public sale, primarily with an area of 59㎡.
Completion approval is the process of officially confirming that the reconstruction project has been completed according to the approved plan. After this stage, the previous announcement and registration procedures will take place, at which point the rights to the new land and building will be organized.
The location allows residents to enjoy the conveniences of both Daeyeon-dong and Namcheon-dong. Close to the Kyungsung University and Pukyung National University Station and Namcheon Station, transportation is very convenient, and with the proximity of Namcheon Elementary and Namcheon Middle schools, the educational environment is excellent.
According to recent public transaction data, a transaction for a 7th floor unit was recorded at 700 million won on January 5, 2026. Once the move-in begins post-completion, the transaction trends of the new complex along with the market comparisons in the Daeyeon and Namcheon areas are expected to emerge as significant issues.
Notice from Nam-gu, Busan Metropolitan City No. 2026-58
Completion Approval Notice for the Daeyeon District 3 Reconstruction Maintenance Project
The maintenance zone was designated and the maintenance plan was decided through Busan Metropolitan City Announcement No. 2017-160 (May 17, 2017), followed by the announcement of changes to the maintenance plan and maintenance zone through Busan Metropolitan City Announcement No. 2026-105 (March 25, 2026). The project implementation plan was approved per Nam-gu, Busan Announcement No. 2020-40 (April 29, 2020), and the changes to the project implementation plan were approved through Nam-gu, Busan Announcement No. 2021-71 (August 11, 2021) related to the Daeyeon District 3 Reconstruction Maintenance Project at 455-25 Daeyeon-dong, Nam-gu, Busan is hereby approved as per Article 83(3) of the Urban and Residential Environment Maintenance Act, and this completion approval notice is issued according to Article 74(4) of the Enforcement Decree of the same law.
April 29, 2026
Mayor of Nam-gu, Busan Metropolitan City
1. Type and title of the maintenance project: Reconstruction Maintenance Project / Daeyeon District 3 Reconstruction Maintenance Project
2. Location and area of the maintenance project implementation area
a. Location: 455-25 Daeyeon-dong, Nam-gu, Busan Metropolitan City
b. Area of the district: 12,610.6㎡
3. Name and address of the project implementer
a. Implementer: Daeyeon District 3 Reconstruction Maintenance Project Association (Chairman Hong Joo-seong)
b. Address: 488, Hwangnyeong-daero, Nam-gu, Busan Metropolitan City, 7th floor
4. Details of the completion approval
| Category | Details |
| Site Area | 12,214.8000㎡ |
| Total Floor Area | 49,047.0784㎡ |
| Building Area | 3,127.4140㎡ |
| Number of Units | 367 units |
| Number of Buildings / Floors | 6 buildings, 2 basement floors / 16 to 24 floors above ground |
| Usage | Residential apartments and ancillary welfare facilities, neighborhood commercial facilities |
5. Date of completion approval: April 22, 2026.
Category
Notice
Institution Classification
District and County
Institution
Nam-gu
Notice Number
No. 2026-58
Title
Notice of Completion Approval for the Daeyeon District 3 Reconstruction Maintenance Project
Date
April 29, 2026
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Frequently Asked Questions (FAQ)
Q. When is the completion approval date for the Daeyeon District 3 Reconstruction Maintenance Project?
The completion approval for the Daeyeon District 3 Reconstruction Maintenance Project was granted on April 22, 2026.
The Daeyeon District 3 Reconstruction Maintenance Project, implemented at 455-25 Daeyeon-dong, Nam-gu, Busan, officially received completion approval on April 22, 2026. This is specified in Nam-gu Announcement No. 2026-58, and the completion approval date is an important date indicating the completion and approval of the project. After the completion approval, procedures for prior announcements and registration will take place to organize the rights to the new building and land.
Q. What is the size and number of units of the Hanwha Foretna Busan Daeyeon apartments?
It consists of 6 buildings ranging from 2 basement floors to 24 floors above ground and a total of 367 units.
The Hanwha Foretna Busan Daeyeon complex is made up of 6 buildings, ranging from 2 basement floors to 16 floors and then 24 floors, providing a total of 367 households. The site area is 12,214.8㎡ while the total floor area reaches 49,047.0784㎡. The uses include residential apartments, ancillary welfare facilities, and neighborhood commercial facilities, offering a convenient residential environment.
Q. What is the location and transportation environment of the Hanwha Foretna Busan Daeyeon apartments?
Located in Daeyeon-dong, Nam-gu, Busan, it is convenient to transportation with nearby Kyungsung University and Pukyung National University Station and Namcheon Station.
The Hanwha Foretna Busan Daeyeon apartments are located at 455-25 Daeyeon-dong, Nam-gu, Busan. The nearby subway Line 2 stations, Kyungsung University & Pukyung National University Station and Namcheon Station, make public transportation very easy and convenient. Additionally, the nearby Namcheon Elementary School and Namcheon Middle School enhance the educational environment for children. This location allows residents to enjoy the conveniences of both Daeyeon-dong and Namcheon-dong.
Q. What are the details of the general sale units and area of the Hanwha Foretna Busan Daeyeon apartments?
Out of 367 units, 104 will be available for public sale, primarily with an area of 59㎡.
The Hanwha Foretna Busan Daeyeon complex consists of a total of 367 units, of which 104 are available for public sale. The main exclusive area of the sold units is approximately 59㎡, designed for actual users with medium-sized layouts. This information can be confirmed on the official sales site, offering competitive residential options as a new complex.
Q. Who is the constructor for the Daeyeon District 3 Reconstruction Maintenance Project?
Hanwha Construction Division is in charge of the construction.
The Daeyeon District 3 Reconstruction Maintenance Project Association oversees the project while Hanwha Construction Division is responsible for the construction. Hanwha Construction Division is a trusted contractor in South Korea and supplies high-quality apartments through the Foretna brand. This project also reflects Hanwha's construction know-how and technical expertise.
