‘Ian Ocean Park W’ Continuing the Hot Atmosphere in Busan’s Housing Market, First Priority Subscription Breeze Expected on the 3rd (Fri)
Abundant Infrastructure Including Transportation, Convenience, and Education... Development Benefits Are a Bonus
Basement 1 to Ground 11-19 Floors, 2 Buildings, Total 155 Units for General Sale with Exclusive Areas of 59-84㎡
First Priority Subscription on 3rd (Fri), Second Priority on 6th (Mon), Winners Announcement on 10th (Fri)
The model home of ‘Ian Ocean Park W,’ being developed in the area of 39-8, Uam-dong, Nam-gu, Busan, has attracted 5,500 visitors over three days since its opening, raising expectations for a successful subscription.
The subscription schedule begins with special supply on January 2nd (Thursday), followed by first-priority subscriptions on the 3rd (Friday), and second-priority subscriptions on the 6th (Monday). The announcement of winners will be on January 10th (Friday). The official contract period will be held over three days from the 21st (Tuesday) to the 23rd (Thursday). The complex will consist of two buildings ranging from one basement floor to 11-19 floors above ground, with a total of 155 units sized between 59㎡ and 84㎡. The unit types will be ▲59A㎡ with 51 units ▲59B㎡ with 25 units ▲72㎡ with 45 units ▲84㎡ with 34 units.
A 34-year-old newlywed, Mr. Seo, who visited the model home, said, “After visiting the model home, I realized that demand in the Busan housing market has significantly increased since Busan was removed from the regulated areas. After waiting in line for consultation and asking about the location and interior facilities, I was quite satisfied and plan to apply for the subscription.”
Busan, where the complex is being developed, is classified as a non-regulated area, allowing freedom from subscription and resale restrictions. Anyone aged 19 or older, regardless of home ownership or household head status, who has held a subscription savings account for more than six months and meets the regional deposit requirements, can apply as a first-priority applicant. The resale restriction period is also shorter at six months compared to regulated areas.
‘Ian Ocean Park W’ is expected to become a new residential area in the core location of Nam-gu, Busan, securing transportation, convenience facilities, and education. Nam-gu, where the complex is located, is currently undergoing various developments and plans, attracting a large number of investment demands.
The complex is well-equipped with nearby convenience facilities. Within walking distance are hospitals, study rooms, playgrounds, a police substation, and Uam Terminal. Right next to the complex is the commercial area of the former Busan University of Foreign Studies campus. Additionally, Uam Elementary, Dongcheon Elementary, Donghang Middle, Gamman Middle, and Seongji High School are nearby, providing a good educational environment.
The transportation environment is also convenient. It is easy to access the urban expressway (Beonyeong-ro) Munhyeon ramp, Dongseo overpass (Gamman ramp, Munhyeon ramp), Busan Port Bridge, Chungjang-ro, Sujeong Tunnel to Baekyang Tunnel, Hwangnyeong Tunnel, and Gwangandaegyo Bridge. Using city buses, Busan Station, Seomyeon, and Kyungsung University area can be reached within about 15 minutes.
Nam-gu, Busan, where the complex is being developed, is rich in various development benefits. It is a direct beneficiary of the Busan Port Complex Marine Special Zone development and Free Economic Zone development, with projects such as Busan Port complex development, Oryukdo line tram, large-scale redevelopment projects with about 30,000 households, and the US 55 Supply Depot complex park project underway, drawing attention.
The Busan Port Uam Pier Marine Industry Cluster pilot project, which held a groundbreaking ceremony on the 5th, has also entered full-scale development, attracting attention as a future marine industry hub.
Moreover, ‘Ian Ocean Park W’ features well-designed interiors, attracting many inquiries even at the model home. It maximizes openness with a front-facing east layout allowing cross ventilation, suitable for the most preferred small-to-medium-sized floor plans. The entrance includes two shoe cabinets for storage, a movable shelf entrance closet, built-in wardrobes, a hallway pantry, and a standing powder room (in some types). Additionally, a ‘fan drawer’ service is provided to enhance hidden space utilization.
Advanced systems include individual room temperature control systems to reduce heating costs and a home network system accessible via smartphone. Remote control of living room lighting, gas valves, heating systems, and elevator-linked services are also provided.
The complex offers an energy-saving centralized lighting-off system, high-efficiency LED lighting fixtures (partially applied), and a high-efficiency, first-grade thermal efficiency condensing boiler free of charge. The underground parking lot will feature automatic brightness-adjusting LEDs, an unmanned parcel delivery system, parking control guidance services, and emergency call bells. Furthermore, vehicle and pedestrian paths are separated for safe walking, and CCTV cameras with a minimum of 2 million pixels will be installed throughout.
Convenient living is ensured with commercial facilities located near the entrance, and pleasant, clean landscaping and rest areas will be provided both inside and outside the complex. Rest areas, a children’s specialized playground, and cherry blossom tree-lined streets will surround the complex. Facilities such as a resident exercise area, rest facilities, and meeting rooms will also be installed in the rest areas.
The complex adopts a facade design featuring blue-tone patterns inspired by the waves of Busan’s front sea, creating a unique and luxurious complex.
The model home of ‘Ian Ocean Park W’ is located near the Beomcheon 2-dong Post Office in Beomcheon-dong, Busanjin-gu, Busan.
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Additionally, after the announcement of winners, an event will be held where subscribers who visit and present their official winning receipt will receive a 50,000 KRW gift certificate (limited to 155 certificates) on a first-come, first-served basis.
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