Table of Contents
Public Notice of the Decision on the Maintenance Plan and Designation of the Maintenance Area for Gaman 2 District Redevelopment Project
- Area of Gaman-dong 44
The redevelopment project for Gaman 2 District is actively underway in Gaman-dong, Nam-gu, Busan. Following the pre-feasibility review of the maintenance plan to be completed in October 2024, on April 16, 2025, the Nam-gu Office of Busan City announced the decision of the maintenance plan and the designation of the maintenance area for Gaman 2 District. This project is expected to make a significant contribution to the regional development.
The project is expected to be conducted over an area of 52,762㎡ in Gaman-dong 44. According to the current maintenance plan, a total of 10 apartment buildings will be constructed, ranging from 5 stories underground to 29 stories above ground. This apartment complex will consist of approximately 1,100 units, and about 530 units are expected to be assigned to the members of the association. Additionally, it is anticipated that there will be sufficient units for general sale.
The public notice will be conducted at the Nam-gu Office's Architecture Department until May 16, 2025. A resident briefing session is scheduled to be held on April 23 at 2 PM in the conference room on the 3rd floor of the Gaman 2-dong Administrative Welfare Center.
In the case of apartments, more than 40% of all units must be composed of areas below 85㎡, and at least 10% is planned to be allocated for rental housing. Additionally, small rental houses of 40㎡ or less will also be included.
The floor area ratio is set to be a maximum of 225%, and the coverage ratio is set to be 30% or less. These plans reflect efforts to improve the residential environment of the area and provide a variety of housing options.
The area is adjacent to the redevelopment of the Daeyun 8 District. Nearby, there is the former site of Busan University of Foreign Studies and the Phase 3 site of the North Port redevelopment, which is expected to generate synergy among large-scale maintenance projects. In particular, if a new residential complex of about 4,500 units is established by combining with the Daeyun 8 District, the residential environment in Nam-gu is expected to improve significantly. Furthermore, across Seogporo, the residential environment improvement zones of Gaman 2 and 4 have been lifted, and redevelopment of Gaman 3 and 4 is also underway. With various development projects progressing, regional development is expected to accelerate.
This area shows strengths in location. Nearby are schools like Dongcheon Elementary, Gaman Middle School, and Donghang Middle School, and Busan Technical High School, Seongji High School, and Daeyun High School can all be reached within 10 minutes by car. Currently, while there are opinions that public transportation, especially the subway, is lacking, it is expected that the traffic situation will significantly improve with the opening of the Wooman-Gaman Line tram. This tram line is expected to enhance accessibility to commercial areas by connecting around Pukyong National University.
As Phase 3 of the North Port redevelopment progresses, the value of the view from Gaman 2 District is expected to rise significantly. In the future, when the container terminal is relocated, a clear view up to the Busan Harbor Bridge will become possible, which also indicates a premium as a maritime city.
No selection of a construction company has been made so far, and after the designation of the maintenance area is finalized, the establishment of the association and selection of the construction company will be actively progressed.
This public notice is a significant administrative procedure that suggests a crucial turning point for the Gaman 2 redevelopment, which is highly likely to develop into a central area for future urban maintenance projects.
Public Notice No. 2025-544 of Busan Metropolitan City Nam-gu
Public Notice of the Decision on the Maintenance Plan and Designation of the Maintenance Area for Gaman 2 Redevelopment Project
Regarding the decision on the maintenance plan and designation of the maintenance area for the Gaman 2 Redevelopment Project in Gaman-dong 44 area, Nam-gu, Busan, a resident briefing session and public notice will be held according to Article 15 of the Urban and Residential Environment Maintenance Act and Article 13 of its Enforcement Decree, and if you have any opinions regarding the decision on the maintenance plan and the designation of the maintenance area, please submit your opinions to the public notice location within the public notice period.
April 16, 2025
Mayor of Nam-gu, Busan Metropolitan City
1. Summary of the Resident Briefing Session
A. Date: April 23, 2025 (Wednesday) 14:00
B. Location: Conference Room, 3rd Floor, Gaman 2-dong Administrative Welfare Center
C. Attendees: Landowners and residents
D. Content: Explanation of the maintenance plan decision and designation of the maintenance area
2. Summary of the Public Notice
A. Period: April 16, 2025 (Wednesday) ~ May 16, 2025 (Friday) (31 days)
B. Location: 7th Floor, Architecture Department, Nam-gu Office, Busan Metropolitan City (☎051-607-4615)
C. Public Notice Contents
1) Designation Document for the Maintenance Area
| Designation Type | Type of Project | Name of Area | Location | Area (㎡) |
| New | Redevelopment Project | Maintenance Area of Gaman 2 Redevelopment Project | Gaman-dong 44 area, Nam-gu | 52,762 |
2) Decision on Maintenance Plan
A) Estimated Contribution Payment Amount and Basis for Each Landowner
| Estimated Total Revenue | Estimated Total Project Cost | Estimated Total Value of Existing Assets | Estimated Ratio |
| 539,524,394,695 won | 440,977,962,940 won | 95,562,720,000 won | 103.12% |
The estimated amount of the existing assets and each person's contribution may vary according to the management and distribution plan.
Also, attention is needed regarding plans related to changes in land use zones.
| Category | Current | Change | After Change | Ratio (%) |
| Total | 52,762 | - | 52,762 | 100.0 |
| General Residential Area Type 2 | 47,841 | Reduced/47,841 | - | - |
| General Residential Area Type 3 | - | Increased/47,841 | 47,841 | 90.7 |
| Semi-residential Area | 985 | - | 985 | 1.9 |
| Natural Green Area | 3,936 | - | 3,936 | 7.4 |
D) Land Use Plan
| Category | Name | Area(㎡) | Ratio (%) | Remarks |
| Total | 52,762 | 100.0 | - | |
| Residential and Maintenance Infrastructure (Urban Planning Facilities) | Land | Subtotal | 44,901 | 85.1 |
| | | Multi-family Housing | 44,901 | 85.1 |
| | Maintenance Infrastructure, etc. | Subtotal | 7,861 | 14.9 |
| | | Small Park | 775 | 1.5 |
| | | Scenic Green Area | 4,988 | 9.4 |
| | | Road | 2,098 | 4.0 |
E) Plan for Buildings
| Decision Type | Area Classification | Area (㎡) | District Classification | Area (㎡) | Location | Purpose | Coverage Ratio (%) | Floor Area Ratio (%) | Height (m) |
| New | Maintenance Area of Gaman 2 Redevelopment Project | 52,762 | 1-1 | 44,901 | Area around Gaman-dong 33-8 | Multi-family Housing | 30 or less | 225 or less | 90 or less |
- Scale of the Housing and Construction Ratio
○ More than 40% of the total units being built must be constructed to be 85㎡ or less
- Matters Related to the Construction of Rental Housing
○ More than 10% of the total units being built must be constructed as rental housing
○ At least 30% of the rental housing or more than 5% of the total constructed housing units
⇒ Rental housing must be constructed to be 40㎡ or less
- Application of Floor Area Ratio Relaxation Criteria
○ Application of floor area ratio relaxation criteria according to the "Busan Metropolitan City Urban Residential Environment Maintenance Basic Plan"
- Base Floor Area Ratio: 210%
- Economic Vitalization Incentives: 5% [Design Application]
- Sustainable Multi-family Housing Incentives: 5%
- Green Building and Energy Efficiency Certification: 6% [Building Energy Efficiency Grade 1++]
- Permitted Floor Area Ratio: 210% + 5% + 5% + 6% = 226%
- Planned Floor Area Ratio: 225% or less
- Plan for Building Boundaries
○ Pursuant to Article 39-2 of the Busan City Building Ordinance
F) Other Matters: Refer to the public notice documents
3. Public Notice Document: Not reproducible (available at the public notice location)
4. Method for Submitting Opinions: Please submit written opinions using the attached public notice opinion form to the Architecture Department of Nam-gu Office within the public notice period.
5. For detailed matters, refer to the documents available at the public notice location, and this content may change according to the administrative procedures such as future review by the Urban Landscape Joint Committee.
Category
Public Notice
Agency Classification
District
Agency
Nam-gu
Announcement Number
2025-544
Title
Public Notice of the Decision on the Maintenance Plan and Designation of the Maintenance Area for Gaman 2 Redevelopment Project
Date
April 16, 2025
The Gaman 2 redevelopment in Busan is gaining attention. The Gaman-dong area belongs to Nam-gu, and it is undergoing redevelopment to transform into a new residential environment. The maintenance plan for Gaman 2 District is underway, and general sales are scheduled, drawing significant interest.
Nearby areas like the Daeyun 8 District are also undergoing active redevelopment, and expectations for Busan's transport infrastructure expansion with the Gaman-Uam tram and Phase 3 development of the North Port are adding to the anticipation. The Gaman area, particularly favorable for educational environments, is attractive for family residents due to the proximity of Gaman Middle School and Dongcheon Elementary School.
Furthermore, Gaman is close to the Busan Port, offering many apartments with excellent views, making it a noteworthy investment destination. The Gaman area holds an important position in Busan's new apartment market, and future advancements are highly anticipated.
