Residential Area Near Centum 2... "Triven Centum" Offers Convenient Commuting; Model Home Opens Oct. 16

View of Triven Centum Phase 2 and the park (Photo provided by Doosan Enerbility Co., Ltd.)

As the Busan Centum 2 District Urban High-Tech Industrial Complex enters full-scale development as a new hub for advanced industries, related sectors are focusing on how to secure industrial and business facilities as well as housing for workers.

With Centum 2 planned as an urban high-tech industrial complex that places greater emphasis on industrial and business functions than on residential use, analysts say nearby residential areas offering convenient commutes will become increasingly important as companies move in and job growth gains momentum.

According to the current land-use plan for Centum 2, residential land covers about 100,000 square meters of the project’s total area of approximately 1.91 million square meters, or about 5.3%. Because the district is being developed primarily for industrial and business functions, creating a residential environment to support the workforce by linking the district with nearby areas such as Banyeo-dong is expected to become important, alongside providing housing within Centum 2 itself.

Once development of Centum 2’s industrial facilities is complete and companies begin moving in in earnest, substantial job creation is also expected.

According to an analysis by a research team led by Professor Kang Jeong-gyu of Dong-A University’s Graduate School of Real Estate, about 84,000 jobs are expected to be created once advanced manufacturing companies have moved into Centum 2.

A simple calculation based on an average of 2.5 people per household puts this figure at about 210,000 people. On this basis, the research team noted that development of Centum 2 could also affect potential housing demand in nearby areas in the future.

The connection between industrial complexes and neighboring residential areas can also be seen in other advanced-industry clusters. Before Pangyo Techno Valley was developed, about 29,000 housing units were supplied in the surrounding area of Pangyo New Town. As companies subsequently moved in and jobs increased, demand for housing within commuting distance also grew.

"For Centum 2 to take root successfully, we need not only to attract companies and develop industrial facilities, but also to create a residential environment where workers can settle nearby with stability," said Kang Jeong-gyu, dean of Dong-A University’s Graduate School of Real Estate. "Rather than responding to a housing shortage after companies move in, we need a proactive strategy for housing in surrounding areas that links large-scale new housing supply in nearby areas such as Banyeo-dong with transportation infrastructure from the early stages of the project."

As the future industrial role of Centum 2 and the importance of surrounding residential areas both come into focus, new apartment developments in neighboring areas are also attracting attention.

With a large influx of people expected as a result, demand is projected to rise substantially for places to live that offer high-quality infrastructure and amenities.

Triven Centum is located about 320 meters in a straight line from the eastern boundary of Phase 2 to the access road to Centum 2. As industrial and business facilities are developed in Centum 2, residents can expect a convenient neighborhood that allows them to commute from nearby.

The residential environment being developed alongside Myeongjang Park is another distinguishing feature. With both Centum 2’s planned advanced-industry and business facilities and a large-scale park nearby, the location stands out for offering the convenience of a short commute as well as a pleasant living environment close to the park.

Triven Centum will comprise a total of 1,644 units, including 852 in Phase 1 and 792 in Phase 2. The model home will open to the public on October 16, 2026, marking the start of the formal subscription schedule. It will be located near the Centum City branch of Shinsegae Department Store in U-dong, Haeundae-gu, Busan.

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