The Ministry of Land, Infrastructure and Transport and the Busan Metropolitan Government said they will release on the 12th the results of the pilot district competition for renovating aging planned cities in Busan's Hwamyeong–Geumgok District and Haeundae District.
They plan to release that a total of two sites—one per district—comprising 7,318 homes have been selected. In the Hwamyeong–Geumgok District, Zone 12 (Kolon Haneulchae Phase 1, Phase 2) with 2,624 homes was selected, and in the Haeundae District, Zone 2 (Doosan Phase 1, LG, Daelim Phase 1) with 4,694 homes was selected.
This is the first case of renovation for aging planned cities being pursued in a provincial area after 37,000 homes were selected as pilot districts in five first-phase new towns last year.
The Ministry of Land, Infrastructure and Transport (MOLIT) plans to provide active support so that future project procedures—such as designating special renovation zones for pilot districts and approving project implementation plans—can proceed without setbacks, including establishing the Busan Future City Support Center in the first half of 2026. The Future City Support Center is currently being operated by the Korea Land & Housing Corporation (LH) in five first-phase new towns to provide residents with guidance on project procedures and systems and consulting.
In addition, the Ministry of Land, Infrastructure and Transport (MOLIT) and the Busan Metropolitan Government plan to jointly carry out meticulous supply-and-demand management of dwellings to support stable relocation without instability in the jeonse market during the renovation process going forward.
The Daejeon Metropolitan Government and the Incheon Metropolitan Government are also in full swing to select pilot districts. The Daejeon city government on Nov. 28 began resident viewing of the draft master plans for two districts—Dunsan District and Songchon–Jungni–Beopdong District—and launched the pilot district competition.
The Incheon city government on the 8th began resident viewing of the draft master plans for five districts: Yeonsu–Seonhak District, Guwol District, Gyesan District, and Galsan–Bupyeong–Bugae District, and Mansu 1–2–3 District. It plans to launch the pilot district competition on the 15th.
Lee Sang-joo, director-general for land and urban affairs, said, "Resident viewing of the draft master plans for the renovation of aging planned cities and the selection of pilot districts in Busan, Incheon and Daejeon have proceeded sequentially, and the nationwide expansion of aging planned city renovation is gaining steam, with around 10 local governments formulating draft master plans."