- A Living Zone Connected to the Western Busan Industrial and Residential Cluster... Prime Location for Both Workplace Proximity and Future Value
- Reasonable Jeonse Prices at Up to 70% of Market Rates, No Tax Burden... Targeting Demand for Actual Residency
The residential market in the western region of Busan is undergoing significant changes, driven by positive developments in transportation. In particular, the expansion of the metropolitan transportation network centered around the double-track Bujeon-Masan Line, scheduled to open in 2025, is becoming a reality. As a result, demand for residential properties near workplaces is rapidly increasing, especially around the Busan New Port hinterland area.
Against this backdrop, Daebang Construction is preparing to supply "Dietre The River." The complex is located adjacent to the planned Bukyeong Horse Racing Park Station, offering direct access to central Busan areas such as Sasang-gu and Seomyeon within approximately 20 minutes. By car, it is about a 10-minute drive to the Busan New Port International Logistics City, providing excellent proximity to workplaces. In addition, the transportation network connecting Garak IC, Gimhae International Airport, and the future Gadeokdo New Airport is expected to greatly expand the living radius of residents.
- High satisfaction for actual residents expected due to urban infrastructure and industrial demand... Pleasant location with river views
The complex also boasts abundant living infrastructure. Within the vicinity, there are numerous large shopping and cultural facilities, including Lotte Outlet, Starfield City, and Hyundai Premium Outlet (scheduled for 2027). Its excellent accessibility to nearby industrial complexes and hinterland cities further enhances residential satisfaction. The natural environment is another highlight. Directly in front of the complex is Noksan Gohyang Dongsan waterfront park, which is approximately the size of nine soccer fields, and some units offer permanent views of the Seonakdong River. The combination of a nature-friendly location with easy urban access aligns well with recent residential trends.
- Western Busan, where development is accelerating, emerges as a new residential axis
The western region of Busan is seeing a steady influx of end-user residential demand as various development projects such as the Eco Delta City Smart City, Gadeokdo New Airport, Sasang Smart City, and Myeongji International New City are moving forward in earnest. A sales representative commented, "The relatively undervalued western region of Busan is rapidly gaining renewed attention, centered around three pillars: transportation, industry, and residential development," adding, "Daebang Construction's 'Dietre The River' is expected to become a representative complex where these changes can be directly experienced."
- Reasonable jeonse prices, no tax burden... Targeting demand focused on actual residence
This complex will be supplied entirely under the public-supported private rental housing system, with special supply units expected to be offered at a reasonable rent level, about 70% of market prices. Notably, all units are structured as jeonse-type leases, meaning there is no monthly rent burden. In addition, there are no tax liabilities such as acquisition tax, property tax, or comprehensive real estate tax associated with home ownership, making it an attractive economic housing alternative for genuine buyers. Applications can be made without a subscription savings account, and since the leased units are not counted as owned homes during the rental period, eligibility for subscription in other regions can be maintained. This is considered a strong advantage for those looking to establish a flexible housing strategy based on actual residence.
- Special supply planned for young people and newlyweds... Stable housing for younger generations anticipated
The greatest advantage of this complex is the guarantee of long-term rental for up to eight years, along with the right of first refusal for purchase conversion after the rental period ends. Residents can live stably without having to move during the lease term, and upon conversion to ownership, there is the potential for capital gains as property values rise. A sales representative explained, "This will be an opportunity to achieve housing stability while also planning for long-term asset growth."
Meanwhile, the model home for this complex is scheduled to be established in Myeongji-dong, Gangseo-gu, Busan.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
