Jangrim Doosan Weave the Zenith Central Saha, Transfer Announcement for Jangrim 1 Redevelopment Project
- Jangrim-dong 740, Saha-gu
The housing redevelopment project in Jangrim District 1 was authorized for completion on October 2, 2024. Following this, the transfer announcement was made on April 2, 2025. Consequently, the large-scale maintenance project carried out in Jangrim-dong, Saha-gu, Busan, has officially entered the stage of completing the ownership transfer procedures.
This redevelopment project consists of a total of 1,643 residential units and 61 commercial facilities. The residential units are comprised of 13 buildings, designed with a maximum of 35 above-ground floors and 2 basement levels.
In terms of total area, the residential complexes cover 237,854㎡, while commercial facilities account for 2,803㎡. This project is being constructed by Doosan Engineering and will be offered under the brand name 'Jangrim Doosan Weave the Zenith Central Saha'.
The supply structure of the residential units includes 256 units for members, 1,291 units for general sale, and 84 units for rent. In particular, the small to medium units, such as 59㎡, 70㎡, 84㎡, and 99㎡, which are preferred by actual buyers, comprise the main components. Among these, the 84㎡ type records the highest ratio with 502 units available for general sale.
Additionally, the commercial facilities account for over 1,983㎡ out of the 61 units available for general sale, highlighting their potential as income-generating real estate. This diverse supply structure reflects the varying demands of the market, creating an intriguing situation.
The location conditions are excellent. The project site is within walking distance of Jangrim Station on Busan Metro Line 1, and the Hadan-Noksan Line tram project is currently underway, further enhancing transportation convenience.
Furthermore, the vicinity includes Eulsukdo Ecological Park and Nakdong River walking paths, providing a pleasant natural environment, as well as well-established educational facilities such as Saha Elementary and Middle Schools, resulting in a very high preference for residential living.
The current actual transaction price for Jangrim Doosan Weave the Zenith Central Saha, based on an exclusive area of 84㎡, starts at around the mid to high 400 million KRW.
As occupancy progresses, a premium is being established, and after completion, it is expected to positively affect nearby market prices.
This transfer announcement includes land covering 69,649.9㎡ and the buildings erected on it, including the area of maintenance infrastructure donated to the Saha-gu Office in Busan. This has become an important factor contributing to the expansion of the local community's infrastructure.
The Jangrim 1 redevelopment project, which was first announced in August 2019, has now borne fruit after nearly five years of redevelopment processes. In the future, this project is expected to be regarded as a model case in Saha-gu’s redevelopment efforts and positively influence the revitalization of the surrounding old residential areas.
Announcement No. 2025-1 of the Jangrim 1 Housing Redevelopment Maintenance Project Association
Transfer announcement for the Jangrim 1 redevelopment project
1. In accordance with Article 83 of the 「Urban and Residential Environment Maintenance Act」, the Jangrim 1 redevelopment project, authorized for completion by the Saha-gu government announcement No. 2024-94 (2024.10.2), is hereby announced for ownership transfer of the land and buildings according to Article 86 of the same law.
2. Related documents are stored at the Jangrim 1 Housing Redevelopment Maintenance Project Association office (☎ 051-263-1333) for viewing by interested parties.
April 2, 2025
Chairman Kim Soo-chan, Jangrim 1 Housing Redevelopment Maintenance Project Association
1. Type and name of redevelopment project: Jangrim 1 Redevelopment Project
2. Location and area of the maintenance district (according to confirmed surveying results)
a. Location: Jangrim-dong 740, Saha-gu, Busan
b. Area: 69,649.9㎡
c. Transfer announcement area: 69,649.9㎡, actual use and land area: 62,514.2㎡
3. Name and address of the project executor
a. Name of executor: Jangrim 1 District Housing Redevelopment Maintenance Project Association
b. Address of executor: 176 Hasin Central Road, 3rd floor, Saha-gu, Busan (Sinpyeong-dong)
4. Management disposal plan announcement date: 2019.08.21. (initial) / 2024.11.6. (final)
5. Completion authorization announcement date: 2024.10.2.
6. Transfer announcement details
a. Land
| Category | Location (confirmed land number) | Land use | Area (㎡) | Owner | Remarks |
| Total transfer announcement area | | | 69,649.9 | | |
| Residential land | Residential complex | Jangrim-dong 1154 | Land | 62,514.2 | Refer to the prior records outside the Jangrim 1 Housing Redevelopment Maintenance Project Association |
| Maintenance infrastructure | Street | Jangrim-dong 1155 | Street | 1,495.2 | Saha-gu, Busan |
| | Street | Jangrim-dong 1156 | Street | 3,681.4 | Saha-gu, Busan |
| | Street | Jangrim-dong 1157 | Street | 1,950.2 | Saha-gu, Busan |
| | Street | Jangrim-dong 1158 | Street | 8.9 | Saha-gu, Busan |
b. Buildings
| Category | Residential complex | Commercial facility |
| Total floor area (㎡) | 237,854.6834 | 2,803.2482 |
| Number of buildings | 13 buildings | 4 buildings |
| Number of floors | B2~35 | B1~2 |
| Number of units | 1,643 | 61 |
c. Number of rights holders for land or building facilities
1) Residential complex
| Category (TYPE) | Total | Number of units supplied by housing size (based on exclusive area) |
| | | Member sales |
| Total | 1,643 | 256 |
| 39 (Rental) | 84 | - |
| 59 | 603 | 93 |
| 70 | 297 | 66 |
| 84 | 594 | 88 |
| 99 | 65 | 9 |
2) Commercial facilities
| Category | Number | Total construction area (㎡) | Contract area (㎡) |
| Commercial facilities | 61 | 2,803.2482 | Total: 2,803.2482 / Member sales: 819.5903 / General sales: 1,983.6579 |
d. Types and numbers of rights other than ownership being transferred
| Type | Total | Mortgage | Seizure | Pre-seizure | Lease rights (monetary) | Surface rights | Restraining order | Others |
| Count | 9 | 5 | 1 | 1 | 1 | 1 | 2 | 0 |
Category
Announcement
Agency category
Other agencies
Organization
Jangrim 1 Housing Redevelopment Maintenance Project Association
Announcement number
No. 2025-1
Title
Transfer announcement for Jangrim 1 redevelopment project
Date
2025-04-02
The redevelopment in Jangrim, Busan, is actively progressing. In particular, Jangrim District 1 is gaining attention with new apartment complexes such as the Doosan Weave the Zenith Central Saha. The redevelopment efforts in Saha-gu are receiving significant interest throughout Busan and are driving up the prices of apartments in the Jangrim-dong area.
The area near Jangrim Station is expected to further improve its residential environment due to tram developments along the Hadan-Noksan Line. The distribution information from this area is anticipated to have a substantial impact on the Busan apartment market in 2025. The Jangrim Doosan Weave project, involving Doosan Engineering, will contribute to regional development as part of Busan's urban renewal efforts.
Reviewing the redevelopment status in Busan, the Jangrim area is notably improving its residential environment, attracting significant demand. Looking forward, it will be interesting to see how the residential and commercial sectors in Jangrim evolve. Interest in apartment prices and newly constructed apartments in Busan remains high.
