‘Pentaplex Busan’, Gaining Popularity as a Corporate Office Building

- Modern Office Setup for Small Businesses, Diverse Specialized Designs Tailored for Manufacturing Industry
- Key Location in West Busan Creating New Jobs... Accelerated Move-in Pace

Knowledge industry centers are gaining attention as corporate headquarters due to their ability to enhance work efficiency and provide convenience, resulting in high satisfaction for both companies and employees.

A knowledge industry center refers to a multi-story complex building where manufacturing, knowledge industry, and information and communication industry companies, along with support facilities, can coexist within the same structure. Previously known as "apartment-type factories," the name was changed to knowledge industry centers following the 2010 revision of the "Act on the Activation of Industrial Complexes and Factory Establishment." Since then, trend-leading companies in IT, video, and information services have moved in, successfully transforming the image.

Compared to general offices, knowledge industry centers offer lower sale prices, tax benefits such as acquisition tax and property tax reductions, and long-term low-interest loans covering up to 70-80% of the sale price, leading many companies to use them as headquarters.

Moreover, recently constructed knowledge industry centers generally have excellent transportation conditions, such as proximity to subways and roads, making commuting convenient for employees. Additionally, differentiated designs and the inclusion of commercial and convenience facilities within the centers increase employee satisfaction with the work environment.

In Busan, industry attention is focused on "Seobusan Smart Valley," the renamed area of the former Sinpyeong and Jangrim general industrial complexes. Seobusan Smart Valley attracts interest due to its excellent location and development potential. The complex includes Busan Subway Line 1's Dongmae Station and Sinpyeong Station, and through Jangpyeong Underpass and Coastal Circulation Road, it offers convenient access to Busan New Port, Centum, and the proposed Gadukdo New Airport.

Furthermore, it is close to Eco Delta City and Myeongji District, emerging as new centers of Busan, and equipped with optimal infrastructure for proximity between residence and workplace, making it a geographically advantageous location where companies from various industries can be concentrated.

Currently, a total of 14 knowledge industry centers are being promoted, including four under construction around Dongmae Station. Leading the changes in Seobusan Smart Valley is "Pentaflex Busan." Located about a 4-minute walk from Dongmae Station on Busan Subway Line 1, it boasts excellent accessibility for workers and visitors using public transportation and holds symbolic significance as the first knowledge industry center in Saha-gu.

Additionally, with the opening of Jangpyeong Underpass approximately 500 meters away, the Coastal Circulation Road, serving as the main artery for Busan logistics, has been completed, resulting in many visits from companies inquiring about relocating their headquarters or starting new businesses.

Pentaflex Busan is equipped with a large-scale logistics loading and unloading system tailored to the characteristics of manufacturing. Vehicles can access each unit from the basement level 1 to the 9th floor, and a door-to-door drive-in system with a high ceiling of 5.4 meters facilitates convenient logistics loading and unloading. The large loading dock at the building entrance can handle 40ft containers, and large freight elevators (3t, 5t) make inter-floor logistics movement much easier.

From the 10th to the 15th floors, modular section office-type knowledge industry center units of small sizes are supplied, along with some units offering views of the Nakdong River, making it suitable not only for small companies but also for those seeking comfortable office spaces.

With a total of 860 parking spaces secured (319.7% of the legal requirement), ample parking is available. For the convenience of tenant companies, street-type commercial areas, two large lobbies, shared conference rooms, as well as rooftop gardens, sky gardens (10F), and cloud gardens (11~15F) provide sufficient rest and convenience facilities for employees and visitors, offering a one-stop business premium experience.

Near Pentaflex Busan are major banks such as BNK Busan Bank, Woori Bank, IBK Industrial Bank, Hana Bank, and Shinhan Bank. Public offices including the second branch of Saha-gu Office, Sinpyeong Jangrim Industrial Complex Management Corporation, Saha Post Office, and Saha Fire Station are also nearby. The Seobusan Medical Center, a key public hospital in western Busan, is scheduled to open in 2028. Large marts like Lotte Mart and Homeplus are adjacent, providing a pleasant working environment.

The greatest merit of Pentaflex Busan is its price competitiveness. Since the COVID-19 pandemic, interest rates have risen sharply, and due to the Ukraine war and various construction site regulations among other domestic and international conditions, construction costs have skyrocketed, causing new building development costs to soar.

Because Pentaflex Busan was supplied before this rapid increase in development costs, its average price is only about 60% compared to recently supplied knowledge industry centers. Industry insiders agree that with such low prices, large-scale knowledge industry centers by major construction companies will be impossible to supply in the future, making the asset value of tenant companies clearly poised to rise.

Occupancy of Pentaflex Busan began at the end of June 2024, and companies preparing to move in have been reportedly impressed by the unexpectedly large building scale and clean interior environment, showing very high satisfaction as a corporate headquarters.

Thanks to these advantages, occupancy at Pentaflex Busan is progressing smoothly, and inquiries for use as headquarters by small and medium-sized enterprises are increasing, suggesting that the pace of occupancy will gain further momentum.