Daewoo E&C to Launch 960 Units of 'Munhyeon Prugio Tresiel' in November

Public Housing Project with Private Participation Implemented with LH
Munhyeon-dong Planned for Large-Scale Development as a New Deal Project Site

The Daewoo E&C consortium (Daewoo E&C, Kumho E&C, Gyeryong Construction Industry, Heunghan General Construction, Woam Construction) plans to sell units in the ‘Munhyeon Prugio Tresiel’ located in Munhyeon-dong, Nam-gu, Busan, in November. This complex consists of 8 buildings ranging from 2 basement floors to 28 above-ground floors, with a total of 960 households, of which 768 units with exclusive areas of 59 to 74㎡ will be supplied for general sale. The exact number of units available for general sale will be determined after deducting the number of contracts with local residents currently underway prior to the general sale. Move-in is scheduled for September 2027.

Munhyeon Prugio Tresiel is a public housing project implemented jointly by the Korea Land and Housing Corporation and the Daewoo E&C consortium. As a project to build public housing to supply quality homes at prices lower than the surrounding market prices to Busan citizens including youth and newlyweds, it will be offered at a reasonable sale price. Additionally, buyers can enjoy the excellent product quality of the private construction company Daewoo E&C consortium, raising expectations among actual demanders.

Munhyeon Prugio Tresiel Sekgyeong Perspective View

Munhyeon-dong Selected as New Deal Project Site for Large-Scale Development...Improvement of Nearby Residential Environment Expected

The area around Munhyeon-dong, where Munhyeon Prugio Tresiel is located, has been selected as a target site for the government’s Urban Regeneration New Deal Project and is undergoing large-scale development. According to data from Nam-gu Office, the ‘Win-Win Munhyeon Masil Road Project,’ a regeneration project in Munhyeon-dong, covers a total area of 209,900㎡, which is four times larger than Yongho-dong, previously selected as a New Deal project site. A total of 264.6 billion KRW will be invested by 2024 to activate connections between subway stations and Hwangnyeongsan Mountain, and to revitalize the stagnant alley commercial districts by attracting the working population of the Busan International Financial District and local floating population.

In particular, this New Deal project will be linked with the Munhyeon 2 residential environment improvement project, where Munhyeon Prugio Tresiel is being developed, as well as the installation of inclined escalators near Jeonpo Dolsan, so the residential environment around the complex is expected to improve significantly.

Moreover, redevelopment projects are actively underway in the Munhyeon-dong area, further raising expectations for residential environment improvements. According to Busan City Hall, within a 1km radius of the complex, four redevelopment projects are in progress: Munhyeon 1 Housing Redevelopment (2,568 households), Munhyeon 3 Housing Redevelopment (2,772 households), Jeonpo 5 District Regional Housing Association (793 households), among others. Once development is completed, a new residential town with about 7,100 households including the complex is expected to be formed.

Close Proximity to Munhyeon Financial District for Work-Residence Convenience...Walking Distance to Munhyeon Elementary School Attached Kindergarten and Munhyeon Elementary School

Munhyeon Prugio Tresiel is located within 800 meters of the Busan Metro Line 2 International Financial Center - Busan Bank Station. Using this line, it takes less than 5 minutes to Seomyeon Station, a transfer station for Lines 1 and 2, and only 15 minutes to Suyeong Station, a transfer station for Lines 1 and 3, allowing convenient access throughout Busan.

Additionally, it boasts a work-residence proximity location near the Munhyeon Financial District (Busan Munhyeon Innovation City) developed around the International Financial Center - Busan Bank Station area. This area is one of only two financial hubs in Korea alongside Yeouido, housing 12 major institutions including the Korea Exchange, Korea Housing Finance Corporation, and Korea Asset Management Corporation within the Busan International Financial Center (BIFC). Furthermore, the second phase of the Munhyeon Financial District includes the ‘Dream Theater,’ the largest dedicated musical theater in Korea, and a 5-star hotel.

According to Nam-gu Office, the final phase of the Munhyeon Financial District project, Phase 3, will see the construction of ‘BIFC II,’ a building ranging from 5 basement floors to 45 above-ground floors, by 2025. This facility will attract promising companies in fintech, blockchain, and related information and communication technology (ICT) support organizations and enterprises. Additionally, financial education and cultural spaces, performance halls, daycare centers, and cultural, artistic, and tourism facilities will be established. Once completed, the area along with BIFC is expected to become even more vibrant.

Being close to Seomyeon, the commercial and financial center of Busan, the area offers abundant living infrastructure. Residents can conveniently access shopping and convenience facilities such as Homeplus Seomyeon, E-Mart Munhyeon, NC Department Store Seomyeon, Traders Wholesale Club Seomyeon, Seomyeon Underground Shopping Center, and Jeonpo Cafe Street. The Seomyeon Medical Street, developed around Seomyeon Station, is also nearby, making medical facility use easy.

The educational environment is excellent. In addition to an on-site daycare center, Munhyeon Elementary School attached kindergarten and Munhyeon Elementary School are within walking distance. Within a 1km radius, there are many middle and high schools clustered, including Munhyeon Girls’ Middle School, Deokmyeong Girls’ Middle School, Busan East Middle School, Busanjin Girls’ Middle School, Haneol High School, Munhyeon Girls’ High School, Busan Dongseong High School, Busan Dong High School, and Busan Marketing High School. Moreover, the complex is developed as a forest zone apartment enjoying Hwangnyeongsan Mountain, providing a pleasant residential environment.

Up to 28 Floors, Excellent Views Secured...Spacious Storage Including Master Bedroom Dressing Room and Alpha Spaces

Munhyeon Prugio Tresiel, as the first ‘Prugio’ brand complex supplied in Munhyeon-dong, possesses both symbolic value and rarity. It features excellent product design befitting this value. First, all units are primarily oriented south, with maximum spacing between buildings and significantly expanded landscaping on the ground level, designed as a park-type complex to provide a pleasant living environment and minimize privacy intrusion. Additionally, with a maximum height of 28 floors, it offers excellent views. Furthermore, ample storage spaces such as master bedroom dressing rooms, alpha spaces by unit size, entrance pantries, and corridor pantries are provided.

Community facilities include a golf practice range, fitness center, Dahamkke Care Center, resident caf?, coin laundry, party room, guest room, and reading room.

A Daewoo E&C sales official stated, “Munhyeon Prugio Tresiel is a ‘Prugio’ brand complex in Munhyeon-dong, which is transforming into a new residential town with about 7,100 households, and is expected to become a landmark complex representing the region in the future. Moreover, it offers future value through the development of the Munhyeon Financial District, abundant infrastructure of the Seomyeon living area, and excellent educational environment, so we expect it to attract significant interest from buyers.”

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