Gangseo-gu Second Eco Delta City, Tri-Port Global Complex Logistics District Development Project / Green Belt Release, Land Transaction Permit Zone Designation (Adjustment) Announcement
The Busan Metropolitan City announced on February 26, 2025, the designation of certain areas in Gangseo-gu as a land transaction permit zone to facilitate the smooth promotion of the Second Eco Delta City and the Tri-Port Global Complex Logistics District development projects.
With this adjustment, 2.31㎢ of the Daewon 2-dong and Gangdong-dong areas have been newly designated as permit zones, while the Songjeong-dong, Hwajeon-dong, and Noksan-dong areas have been expanded from an existing 0.23㎢ to 2.79㎢.
This measure is part of the total exception project for the release of the development restriction zone announced by the Ministry of Land, Infrastructure and Transport on February 25 and pertains to two of the three area strategic projects in Busan, namely the Second Eco Delta City and the Northeast Asia Logistics Platform (Tri-Port Complex Logistics District) project.
Therefore, such changes are expected to positively impact the economy and logistics environment of Busan.
The Second Eco Delta City development project is aimed at building a smart city, while the Tri-Port Global Complex Logistics District is a project aimed at transforming Busan into a Northeast Asian logistics hub.
The newly designated land transaction permit zone is an essential measure to prevent speculation and ensure the stability of the projects, effective from March 3, 2025, to March 2, 2030.
Particularly for the Second Eco Delta City site, additional areas have been included in the recent re-designation of the land transaction permit zone. This change is expected to positively affect regional development.
Once designated as a land transaction permit zone, approval from the district office is required when trading land exceeding a certain area. Particularly, speculative transactions for non-residential purposes are restricted. The area subject to approval includes land exceeding 60㎡ in residential areas, 150㎡ in commercial and industrial areas, and 200㎡ in green areas. This measure contributes to preventing speculation and enhancing the stability of the regional economy.
The Second Eco Delta City is an eco-friendly smart city located in Busan's Gangseo-gu, covering an area of approximately 11.7㎢. This area will feature futuristic residential complexes and AI & bio-healthcare clusters, among others.
Furthermore, the Tri-Port Global Complex Logistics District will be established in the Songjeong, Hwajeon, and Noksan-dong areas, covering approximately 2.79㎢. This area is planned to develop into a global logistics hub connected by ports, railways, and aviation.
The 2025 major work plan of Busan Metropolitan City includes the construction of a Sea & Air logistics infrastructure based on the Tri-Port. Detailed related information can be found in the posting below.
Busan City plans to block speculative demand to proceed with large-scale development projects stably and stabilize the local real estate market. However, there are concerns that land trading regulations might negatively impact private development.
In particular, attention is focused on whether the two projects that are being highlighted as future growth engines for Busan can be smoothly promoted. The impact of these changes on the local economy will be closely monitored.
Announcement No. 2025-684 of Busan Metropolitan City
Announcement of Designation (Adjustment) of Land Transaction Permit Zones
In accordance with Article 10 of the Act on the Report of Real Estate Transactions, the following land transaction permit zones are designated (adjusted).
February 26, 2025
Mayor of Busan Metropolitan City
1. Designated Areas for Permit Zone (GB national and regional strategic projects)
| Target Area | Area (㎢) | Remarks |
| Daewon 2-dong, Gangdong-dong, Gangseo-gu, Busan | 2.31 | Article 7, Paragraph 1, Item 3 of the Enforcement Decree of the Act on the Report of Real Estate Transactions (Second Eco Delta City Development Project) |
2. Designation (Adjustment) of Areas for Permit Zone (GB national and regional strategic projects)
| Target Area | Area (㎢) | Remarks |
| Songjeong-dong, Hwajeon-dong, Noksan-dong, Gangseo-gu, Busan | Current: 0.23 → Change: Increase of 2.56 → After change: 2.79 | Article 7, Paragraph 1, Item 3 of the Enforcement Decree of the Act on the Report of Real Estate Transactions (Tri-Port Global Complex Logistics District Development Project)※ Adjusted area, size, etc. |
3. Designation (Adjustment) Period of the Permit Zone
From March 3, 2025, to March 2, 2030
4. Areas Requiring Permit for Land Transaction Contract
Urban Areas
Residential Areas
: Over 60㎡
Commercial Areas
: Over 150㎡
Industrial Areas
: Over 150㎡
Green Areas
: Over 200㎡
Areas without designated use
: Over 60㎡
Areas Outside Urban Areas
Farmland
: Over 500㎡
Forests
: Over 1,000㎡
Land other than farmland and forests
: Over 250㎡
5. Land Transaction Permit Document for Designated Zones
Available on the Busan Metropolitan City website ([www.busan.go.kr](http://www.busan.go.kr))
Path: Busan is good > Government & Economy > Announcements
※ The land document was prepared before the announcement date, so it may not reflect land movements and registration corrections according to the Act on the Establishment and Management of Spatial Information. The final document is based on the designated permit zone plan (area setting).
6. Topographical Map of the Designated Permit Zone
See Attachment 1
※ Detailed information about the land transaction permit zone can be found on the Land e-um website ([http://www.eum.go.kr](http://www.eum.go.kr)).
Classification
Announcement
Agency Classification
City
Agency
Busan Metropolitan City
Announcement Number
No. 2025-684
Title
Announcement of Designation (Adjustment) of Land Transaction Permit Zones
Date
February 26, 2025
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