KCC Construction to Supply 'Anrak Switzen' Offering 'Flatland Premium' in Dongnae-gu, a Popular Area in Busan

-Featuring rare flat terrain in Busan... Developed as a mixed-use complex with a total of 234 households
-Attracting attention for enjoying both Dongnae-gu and Centum City living infrastructure... Scheduled for sale in January

KCC Construction’s ‘Anrak Switzen,’ supplied in Anrak-dong, Dongnae-gu, Busan Metropolitan City, is expected to attract significant attention as an apartment complex featuring rare flat terrain in Busan.

Anrak Switzen is a mixed-use residential complex located at 603-116 Anrak-dong, Dongnae-gu, along with 48 other parcels. It consists of two buildings ranging from two basement levels to a maximum of 37 floors above ground, with a total of 234 units. The apartment units include 220 residences with exclusive areas of 84 to 101 square meters, and the officetel comprises 14 units, each with an exclusive area of 84 square meters. Neighborhood living facilities will also be located on the first floor above ground.

Due to the regional characteristics of Busan, where the terrain is rugged, apartments located on flat land are rare. Therefore, apartments situated on flat terrain hold high scarcity value on their own and continue to see soaring demand.

In particular, the sales market shows transactions with premiums in the hundreds of millions of won. A representative example is ‘e-Pyeonhansesang Yeonsan The First,’ currently under development in Yeonsan-dong, Yeonje-gu. This complex, being a flatland apartment, has maintained steady interest, with pre-sale rights trading at premiums exceeding 100 million won above the original sale price. According to the Ministry of Land, Infrastructure and Transport’s actual transaction prices, a pre-sale right for an 84㎡ unit in this complex was traded for 690 million won in October. This represents an increase of 185 million won compared to the original sale price of 505 million won.

The popularity of flatland apartments is also significant in the subscription market. For example, ‘Hanwha Forena Busan Deokcheon,’ supplied in Deokcheon-dong, Buk-gu, last March, attracted as many as 14,920 applicants due to its flat terrain, achieving an average competition rate of 88.2 to 1 and a peak of 207.9 to 1 in the first-priority subscription. Subsequently, the complex sold out all units within four days of contract commencement.

An industry insider stated, “Busan is a place with many mountains, as reflected in its name containing the character for mountain (山), so there is a particular affection for flat land. Apartments on flat terrain in Busan not only offer good accessibility to stations but also have consistent height differences between buildings compared to sloped areas, which is advantageous for securing sunlight and views. Therefore, their popularity is expected to continue.”

Meanwhile, KCC Construction’s Anrak Switzen is also attracting attention for its ultra-station-area location, with a subway station right in front. The complex is conveniently located within a 250-meter walking distance from Anrak Station on the Donghae Line, and is also close to Chungnyeolsa Station on Busan Subway Line 4. Additionally, the nearby Wondong IC allows easy access to the Gyeongbu Expressway and Namhae Expressway, facilitating convenient travel throughout Busan and adjacent areas.

Moreover, Anrak Switzen offers a pleasant residential environment that shares the central living zones of Dongnae-gu and Centum City. Residents can enjoy a healing lifestyle at Oncheoncheon Stream and Chungnyeolsa, and the walking distance includes Anjin Elementary, Annam Elementary, Anrak Middle, Namil Middle, and Dongnae High School, forming a premium Dongnae school district with excellent educational facilities.

Nearby, there are numerous convenience facilities such as Mega Mart, Lotte Mart, Lotte Department Store, Homeplus, and Anrak Market. Natural environments like Oncheoncheon, cultural and leisure spaces such as Only Dan-gil, Busan Sajik Sports Complex, and Myeongnyun 1st Street, as well as relaxation areas, are also located nearby, promising a more convenient residential life.

Meanwhile, Anrak Switzen applies differentiated designs from the KCC Switzen brand, which has been achieving sell-out streaks in major Busan hubs such as Haeundae, Centum City, and Yangjeong-dong, allowing residents to enjoy a more convenient living experience.

The complex is primarily arranged facing south, applying slab-type structures (except for some types) and tower-type floor plans to maximize lighting and ventilation. Additionally, the interior design includes large dressing rooms and pantries to expand storage space and enhance spatial utilization. Furthermore, the officetel units are all 84㎡ in exclusive area and feature 4-bay slab-type structures (except for some types), providing the same residential environment as the apartments.

Although Dongnae-gu in Busan has been newly designated as an additional regulated area, it is expected that speculative demand will decrease, allowing real demand buyers to face less pressure from overheated competition. Moreover, the high future value and excellent product quality are attracting considerable interest and inquiries.

A representative from real estate agency A in Anrak-dong said, “Dongnae-gu, along with Haeundae-gu and Suyeong-gu, which were also newly regulated, have already experienced such regulations before. There have been cases where, despite regulations, prices continued to rise, showing a paradoxical effect of regulation. Therefore, demand and price increases are unlikely to drop sharply. Rather, these areas are considered the most preferred by the government, which is expected to lead to even greater popularity.”

The model house for Anrak Switzen will be located at 95-2 Jaesong-dong, Haeundae-gu, Busan Metropolitan City, and is scheduled to open in January.

This content was produced with the assistance of AI translation services.