Core of Busan Nam-gu with High Future Value Due to Development Boost: 'Gamman Woosung Smart City View', Remaining Units Sold on a First-Come, First-Served Basis

by Choi Bongseok

Published 16 Sep.2020 10:30(KST)

Updated 16 Sep.2020 14:38(KST)

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Core of Busan Nam-gu with High Future Value Due to Development Boost: 'Gamman Woosung Smart City View', Remaining Units Sold on a First-Come, First-Served Basis

Recently, with the nationwide revitalization of redevelopment projects in old downtown areas, convenient living is enjoyed due to the expansion of existing infrastructure such as lifestyle and transportation. Newly launched apartments in old downtown redevelopment areas, which are dotted with various redevelopment benefits, are gaining high popularity. Amid this, ‘Gamman Woosung Smart City View,’ adjacent to Gamman 1 District selected as a Ministry of Land, Infrastructure and Transport public contest urban maintenance New Stay area, is receiving inquiries for remaining unit sales due to abundant surrounding development plans.

The Busan North Port redevelopment project, linked with Busan city’s long-awaited old downtown grand remodeling project, has completed the first phase focused on port development and is entering the second phase centered on public development of railroads, ports, and deteriorated old downtown areas. Gamman Woosung Smart City View is located in an area directly benefiting from the second phase of North Port redevelopment, thus its future value is highly evaluated. Furthermore, Busan city plans to utilize the 2.66 million square meter North Port area as the venue for the ‘2030 Busan World Expo.’ It is predicted that over 50 million people will visit this area during the six-month event.

Gamman Woosung Smart City View’s transportation network is also expected to be innovatively improved. A tram line is planned from Kyungsung University?Pukyong National University Station to Yongho-dong entrance, with additional tram routes through Gamman-dong and Uam-dong expected on the extension line. In the future, through connections with subway lines 1 and 2, the overall traffic situation in the area is anticipated to improve significantly.

Additionally, the complex is adjacent to Gamman 1 redevelopment area, known as a mini new town with over 9,000 households, and large-scale development plans for about 30,000 households are scheduled in Gamman-dong, Daeyeon-dong, and Uam-dong, transforming the area into a large-scale new residential town, accelerating sales in the region.

Moreover, with the creation of Dragon Valley, a new technology startup cluster within the nearby Pukyong National University campus, the development of Pukyong National University’s site and research and development infrastructure is expanding, propelling Pukyong National University to become the largest industry-academia-research innovation cluster in the southeastern region. Accordingly, active startup promotion and technology entrepreneurship are expected, contributing to economic revitalization and expansion of living infrastructure around the complex.

Also, LH is developing the Busan Foreign Language University site into a public complex town and youth job and residential complex, attracting a hydrogen R&D center and public institutions under Busan city to the public complex town. Consequently, the commercial districts of Uam-dong and Gamman-dong in Nam-gu, which had been stagnant after the relocation of Busan Foreign Language University campus to Namsan-dong, are expected to regain vitality.

Due to these surrounding development benefits, Gamman Woosung Smart City View, located in Gamman-dong, is enjoying a boom in remaining unit sales by offering a premium residential environment with future value added to the residential hub of Nam-gu.

Gamman Woosung Smart City View provides one-stop convenient living infrastructure with large marts and traditional markets such as Homeplus, Gamman Market, and Namgwang Market, as well as administrative and cultural facilities including the UN Memorial Park, Busan Museum, and Gamman 1-dong Administrative Welfare Center. Additionally, it is easy to access the academy districts centered around Dongcheon Elementary, Donghang Elementary and Middle Schools, Gamman Middle School, and Daeyeon-dong, allowing residents to enjoy abundant educational infrastructure.

Comprising three buildings ranging from basement level 2 to 32 floors above ground, with a total of 224 households and exclusive areas from 61 to 147 square meters, Gamman Woosung Smart City View enhances residents’ quality of life with convenient systems installed in all units. The buildings are equipped with access control systems, emergency bells in underground parking lots, LED lighting in all rooms, low-E double glazing, parking control systems, and rooftop solar power systems, ensuring safety while saving energy.

Furthermore, smart systems such as integrated wall pads, IoT systems, energy usage monitoring systems, centralized light-off switches, in-unit elevator call systems, and room-specific temperature controllers are established to provide a convenient and smart living environment.

A representative of Gamman Woosung Smart City View stated, “This is a golden opportunity to experience Busan’s future vision in Gamman-dong, a beneficiary area of the North Port redevelopment project, the core of Busan’s old downtown grand remodeling project.” They added, “We hope you dream of a joyful life at Gamman Woosung Smart City View, where you can realize a premium life in future Busan.”