Transit-Oriented Developments Gain Popularity in Busan's Housing Market

By Lee Dong Geon Posted : July 23, 2026, 13:28 Updated : July 23, 2026, 13:28

Transit-oriented developments that combine accessibility and lifestyle amenities are attracting consistent interest in the housing market. Properties near subway stations often feature commercial, business, and convenience facilities, appealing to homebuyers who prioritize commuting ease.


Recent sales data highlights the strong performance of transit-oriented developments. According to the Korea Real Estate Agency, the 'Anyang Station Central I-Park Sujin,' launched in February in Anyang's Manan District, received 2,207 applications for 185 units, resulting in an average competition ratio of 11.93 to 1. This development is located near Anyang Station on the Seoul Metropolitan Subway Line 1.


In April, 'Beomeo Station Park Dream Diar' in Daegu's Suseong District also saw significant interest, with 2,131 applicants vying for 21 units, yielding a first-choice average competition ratio of 101.5 to 1. The proximity to Beomeo Station on Daegu Metro Line 2 and the area's educational and lifestyle infrastructure contributed to its popularity.


A real estate industry insider noted, "In a market driven by actual demand, reduced commuting times and access to infrastructure are key criteria for selecting properties. Particularly, developments located in double transit zones, with two or more lines or stations nearby, tend to attract steady demand due to their relative scarcity."


Among these developments, Doosan Construction is generating interest with its upcoming 'Doosan We’ve the Genesis Daeyeon' project in Busan's Nam-gu district.


The project will consist of two buildings with a total of 258 units, rising from five underground floors to a maximum of 42 stories, located at 1756-9 Daeyeon-dong. Of these, 176 units will be available for general sale, with sizes ranging from 59 to 84 square meters.


The breakdown of units available for sale includes: 34 units of 59㎡A, 37 units of 74㎡A, 38 units of 74㎡B, 16 units of 84㎡A, and 51 units of 84㎡B.


The development is within walking distance of Moggol Station and Daeyeon Station on Busan Metro Line 2. Major roads such as Suyeong-ro and UN Peace Road provide access to key areas in Busan, while local amenities include Nam-gu Office, Moggol Market, and the commercial district around Kyungsung University. Nearby parks include Uryongsan Park and UN Sculpture Park.


Educational facilities in the vicinity include Daeyeon Elementary School, Daeyeon Middle School, Daeyeon High School, and Yemun Girls' High School. The Namcheon-dong academy district, Nam-gu Library, Pukyong National University, and Kyungsung University are also nearby.


Currently, large-scale redevelopment projects are actively underway in the Daeyeon-dong and Uam-dong areas, which are expected to transform into a new residential town with approximately 12,000 units upon completion. 'Doosan We’ve the Genesis Daeyeon' is anticipated to play a central role in enhancing the area's value.


The sales gallery for 'Doosan We’ve the Genesis Daeyeon' is located in Munhyeon-dong, Nam-gu, Busan.





* This article has been translated by AI.

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