Haeundae D.H. Ascentor: News on the Approval of the Management Disposal Plan for the U-dong District 3 Redevelopment Project and Business Feasibility Analysis

Announcement of the Management Disposal Plan Approval for the Haeundae D.H. Asenter, U-dong District 3 Redevelopment Project

- Location: U-dong 229, Haeundae-gu, project viability, progress status, and location analysis

Haeundae D.H. Asenter, U-dong District 3 Redevelopment

The redevelopment project of District 3 in U-dong located at 229 U-dong, Haeundae-gu has received approval for the management disposal plan of Haeundae D.H. Asenter. The project is now entering its later stages.

The U-dong District 3 was granted approval for the management disposal plan about 15 months after the announcement of the business implementation plan in February 2025. This reflects a relatively fast progression among large-scale redevelopment projects in the Haeundae area.

Haeundae D.H. Asenter, U-dong District 3 Redevelopment

The total area of the project is 160,727㎡, including the maintenance zone. The land area for housing units reaches 106,842.8918㎡, and the architectural plan consists of structures ranging from 6 basement floors to 39 above-ground floors, with a total of 20 buildings designed.

This project will consist of 2,395 housing units and 51 neighborhood living facilities. Among these, 2,274 units will be for sale, and 121 units will be rental housing. Additionally, the total floor area for neighborhood facilities is planned at 7,418.3541㎡.

CategoryTotalType 39Type 59Type 74Type 84Type 96Type 99Type 111Type 126Type 154Type 155Type 160Type 171Type 197Type 200Type 210
Total2,39512125143898669316066161666162266
Landowners1,095-10811214454315959-165-1-21
Reserved Facilities23-4--133--21-4-
General Sale1,156-13932-27263965350186256565318.2255
Rental121121------------

Looking at the distribution plan, it consists of a total of 2,395 units, of which 1,095 units will be provided to landowners. There are 23 reserved units, 1,156 units for general sale, and 121 units for rental.

Unit types mainly consist of type 59 with 251 units, type 84 with 898 units, and type 96 with 669 units, with larger units of 111 type or more also included.

Haeundae D.H. Asenter, U-dong District 3 Redevelopment

With the large-scale project that has over 1,000 units of general sale in the Haeundae housing market, interest is expected to increase significantly. This is likely to have a positive impact on the real estate market in the future.

Haeundae D.H. Asenter, U-dong District 3 Redevelopment

U-dong is located within the living areas of Haeundae Station and Jungdong Station, providing a residential area that can simultaneously utilize the central commercial district and educational and living facilities of Haeundae.

Haeundae D.H. Asenter, U-dong District 3 Redevelopment

Upon receiving the approval for the management disposal plan, the relocation as announced is expected to take place within three months from the date of approval, and the demolition is planned within 3-6 months after relocation. Thus, if the association and project conditions align well, there is a possibility for the relocation and demolition to proceed rapidly.




Public Announcement No. 2026-68 by the Busan Metropolitan City Haeundae-gu


Announcement of the Management Disposal Plan Approval for the U-dong District 3 Redevelopment Project

The Housing Redevelopment Project of U-dong District 3, announced by Busan Metropolitan City Haeundae-gu Public Announcement No. 2025-20 (February 19, 2025), has been approved for its management disposal plan according to Article 74 of the Urban and Residential Environment Maintenance Act, and based on Article 78 (4) of the same act, it is hereby announced as follows.

May 20, 2026

Mayor of Haeundae-gu, Busan Metropolitan City

1. Type and Name of the Maintenance Project
a. Type: Housing Maintenance-Type Redevelopment Project
b. Name: U-dong District 3 Redevelopment Project
2. Location and Area of the Maintenance Zone
a. Location: U-dong 229, Haeundae-gu, Busan Metropolitan City
b. Area: 160,727㎡
3. Name and Address of the Business Implementer
a. Name: U-dong District 3 Housing Redevelopment Maintenance Business Association (Chairman Han Jung-koo)
b. Address: 25-1 Jungdong 1-ro, Haeundae-gu, Busan Metropolitan City, 7th Floor
4. Date of Management Disposal Plan Approval:
May 14, 2026
5. Duration of the Project:
62 months from the date of project implementation approval

6. Summary of the Management Disposal Plan
a. Land Use Plan

Maintenance Zone AreaHousing Area (including rental housing)Neighborhood FacilitiesEducational FacilitiesReligious FacilitiesArea of Maintenance Infrastructure and Urban Planning FacilitiesRemarks
RoadRoad LandPublic OfficeParkPublic Open SpaceScenic Green Space
160,727106,842.89191,735.10811,3942,93632,5823562,4158,4273753,664

b. Size of land and buildings, etc. Building Plan

CategorySite Area (㎡)Number of BuildingsNumber of FloorsNumber of UnitsConstruction Floor Area (㎡)Remarks
HousingSubtotal106,842.8918㎡206 basement floors/39 floors above ground2,395593,793.151
Sale104,546.0355㎡196 basement floors/39 floors above ground2,274581,017.8984
Rental2,296.8563㎡16 basement floors/22 floors above ground12112,775.2526
Neighborhood Facilities1,735.1082㎡-5 basement floors/3 floors above ground51 units7,418.3541
Total108,578㎡-6 basement floors/39 floors above ground2,395 housing units and 51 neighborhood living facilities601,211.5051

c. Scale of sale or reserved land, etc. Distribution Plan

Target for SupplyNumber of Units Supplied by Housing Size (based on exclusive area)Neighborhood Facilities (㎡)
Total39.6808(39) Rental59.9914(59)74.9093(74)74.9817(74P)84.9009(84A)84.5696(84B)84.7379(84C)84.7066(84D1)84.3413(84D2)84.5726(84E)96.8118(96A)96.9986(96A1)96.4976(96B)
96.5219(96C)96.9346(96D)99.3167(99P)111.8630(111)126.7633(126)154.2532(154B)155.6517(155B)160.8412(160)171.2270(171T)197.6059(197P)200.1574(200P)210.6114(210)-
Total2,395121251394942772245856189121772837,418.3541
74114316066161666162266-
Landowners1,095-10874661112556195122147,100.1286
7360315959-165-1-21-
Reserved Facilities23-4--133--21-4-
General Sale1,156-13932-27263965350186256565318.2255
Rental121121------------


d. Specifications for Newly Established or Discontinued Maintenance Infrastructure
◯ Maintenance Infrastructure to be Discontinued
◯ Newly Established Maintenance Infrastructure

TypeNameLocationScaleCost BurdenRemarks
Start PointEnd PointWidth (m)Length (m)Burden BearerBurden ContentBurden Amount
Road (Urban Planning Road)Middle Road 1-325U-dong 564-11U-dong 552-22080Business ImplementerTransferred Free of Charge-Business Implementer (Association) will be managed free of charge by the management office after installation
Middle Road 2-50U-dong 198-2U-dong 1139-2018413Business ImplementerTransferred Free of Charge-
Middle Road 3-381U-dong 395-34U-dong 448-112223Business ImplementerTransferred Free of Charge-
Middle Road 2-52U-dong 532-20U-dong 198-215~20706Business ImplementerTransferred Free of Charge-
Middle Road 3-222U-dong 277-10U-dong 27412555Business ImplementerTransferred Free of Charge-
Middle Road 3-351U-dong 398-7U-dong 277-1012~15584Business ImplementerTransferred Free of Charge-
Middle Road 3-352U-dong 265-4U-dong 265-1512112Business ImplementerTransferred Free of Charge-
Middle Road 1-49U-dong 558-1U-dong 437-220270Business ImplementerTransferred Free of Charge-
Road (Maintenance Infrastructure)RoadU-dong 241-23U-dong 238-1429Business ImplementerTransferred Free of Charge-
RoadU-dong 267-11U-dong 266-7455Business ImplementerTransferred Free of Charge-
Public OfficeDong OfficeU-dong 453-6Area: 1,618.0㎡Business ImplementerTransferred Free of Charge-
Police BoxU-dong 453-2Area: 797.0㎡Business ImplementerTransferred Free of Charge-
ParkChildren's Park AU-dong 263-2Area: 6,482.0㎡Business ImplementerTransferred Free of Charge-
Children's Park BU-dong 398-23Area: 1,945.0㎡Business ImplementerTransferred Free of Charge-
Parking LotParking A (Duplicate Decision)U-dong 263-2Area: 6,482.0㎡Business ImplementerTransferred Free of Charge-
Parking B (Duplicate Decision)U-dong 398-23Area: 1,945.0㎡Business ImplementerTransferred Free of Charge-
Green SpaceScenic Green Space BU-dong 435-1Area: 3,257.0㎡Business ImplementerTransferred Free of Charge-
Scenic Green Space CU-dong 241-20Area: 407.0㎡Business ImplementerTransferred Free of Charge-
Public Open SpacePublic Open SpaceU-dong 140-18Area: 375.0㎡Business ImplementerTransferred Free of Charge-


e. Scheduled timing for relocation and demolition of existing buildings
1) Scheduled Relocation Date: Within 3 months from the date of approval of the management disposal plan
2) Scheduled Demolition Date: 3-6 months from the scheduled relocation date
※ The scheduled dates for relocation and demolition may change during the progress of the project.

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Category
Public Announcement
City District Division
District
Organization
Haeundae-gu
Public Announcement Number
No. 2026-68
Title
Announcement of the Management Disposal Plan Approval for the U-dong District 3 Redevelopment Project
Date
May 20, 2026

U-dong 3 Housing Redevelopment: U-dong, Haeundae-gu, Busan

#U-dong District 3, #U-dong District 3 Redevelopment, #Haeundae D.H. Asenter, #D.H. Asenter, #Haeundae Redevelopment, #Busan Redevelopment, #Busan Announcement, #Management Disposal Plan Approval, #229 U-dong, #Haeundae-gu U-dong, #Hyundai Construction, #D.H., #First D.H. in Busan, #Haeundae Station, #Jungdong Station, #Haeundae Location, #Haeundae Real Estate, #U-dong Redevelopment, #Busan Maintenance Project, #Housing Redevelopment, #2,395 Units, #General Sale, #Member Sale, #Rental Housing, #Type 84, #Type 96, #Relocation and Demolition, #Haeundae Apartments, #Busan Real Estate


Frequently Asked Questions (FAQ)

Q. What is the management disposal plan approval for the U-dong District 3 redevelopment project?
The management disposal plan approval is the process of officially approving the housing and land distribution plan for the redevelopment project.

The management disposal plan approval for the U-dong District 3 redevelopment project means that the Busan Haeundae-gu office is officially approving the land use, housing distribution, architectural plans, etc. of the project in accordance with the Urban and Residential Environment Maintenance Act. Through this approval, the association can finalize the detailed plans for the units to be distributed, reserved facilities, rental housing, etc., and subsequently, the relocation and demolition can proceed to the next stage of the project.

Q. What is the scale of the U-dong District 3 redevelopment project and the housing supply plan?
The project area is 160,727㎡, a large complex consisting of 2,395 units, including 2,274 units for sale and 121 rental units.

The U-dong District 3 redevelopment project will be constructed within an area of approximately 160,727㎡ with 20 buildings, ranging from 6 basement floors to 39 floors above ground. Out of the total 2,395 housing units, 1,095 units will be allocated to landowners, 1,156 units will be available for general sale, and 121 units will be designated as rental housing. Furthermore, it will include 51 neighborhood facilities, providing diverse living infrastructure.

Q. When will the relocation and demolition start for the redevelopment project?
Relocation will begin within three months from the date of the management disposal plan approval, and demolition is planned to take place within 3-6 months after relocation.

The approval date for the management disposal plan of the U-dong District 3 redevelopment project is May 14, 2026. Based on this approval, relocation for members and residents is expected to commence within three months. After the completion of relocation, demolition of the existing buildings is planned within 3-6 months. However, this schedule may vary depending on project conditions and progress.

Q. What are the locational advantages of the U-dong District 3 redevelopment project?
It is conveniently located near Haeundae Station and Jungdong Station, making commercial, educational, and living infrastructure easily accessible.

The U-dong District 3 is located at 229 U-dong, Haeundae-gu, within the living areas of Haeundae Station and Jungdong Station. This area is close to the central commercial district of Haeundae, making it convenient for various shopping and business facilities, and it is well-equipped with educational and living convenience facilities, providing a comfortable living environment. Such locational strengths enhance the value of the redevelopment project and are likely to boost demand.

Q. What are the types and compositions of the units for sale?
The units consist of a variety of sizes centered around the types 59, 84, and 96, including larger units.

The U-dong District 3 redevelopment project consists of a total of 2,395 units, which vary in size from small to large. The main unit types include 251 units of 59㎡, 898 units of 84㎡, and 669 units of 96㎡. Additionally, larger units of 111㎡ or more are also included, allowing for options that fit family structure and lifestyle. This diversity in types aims to capture a wide range of demand in the sales market.


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