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http://dx.doi.org/10.9715/KILA.2016.44.6.177

Analysis of the Investment Suitability relative to the Landscape Elements Construction Costs within the Residents' Value Recognition in the Apartment - Focused on a Public Institutional Apartment Complex near the Capital Area -  

Park, Sang-Jin (Dept. of Urban Design and Landscape Ecological Architecture, Graduate School of Urban Studies, Hanyang University)
Cho, Se-Hwan (Dept. of Urban Design and Landscape Ecological Architecture, Graduate School of Urban Studies, Hanyang University)
Publication Information
Journal of the Korean Institute of Landscape Architecture / v.44, no.6, 2016 , pp. 177-187 More about this Journal
Abstract
This study started with the question, "Is the cost of landscape construction work in residential areas measured by public enterprises, 'in response to the needs of consumers?" The study analyzed whether the landscape construction expenditure is being introduced at an appropriate ratio according to the value the residents have regarding landscape elements. Following this, research was conducted for the purpose of providing basic data for improving the efficiency of formulating apartment landscape construction costs in the future. This research proceeded based on a questionnaire survey of residents of apartments, and the content of the questionnaire used frequency analysis and descriptive statistics research methods. To take a look at a comparative analysis of value recognition, in particular, a comparative analysis was performed based on the actual input cost based on the ratio of landscape elements by layer. Conclusions were found as follows: First, the degree of interest in the apartment landscape of the tenants was high, and the value of the landscape was high but realistic satisfaction appeared comparatively low. Second, the awareness of residents' values regarding landscape elements appeared to give "plantings" more value than "facilities". Thirdly, as a result of a mutual comparison between the values recognized by the resident regarding landscape elements and the construction input fee, depending on the landscape elements, it appeared that there is a difference in the ratio of up to 52 times from 1.25. Fourth, the fact that there is a difference in the relative proportion of value recognition and inputting construction cost indicates that it is not possible to respond to the needs of tenants during the construction cost development process. It also shows that the utility of inputting construction costs is low. Therefore, a macro-level examination such as reflecting the existing inflation rate is necessary to develop the efficient landscape construction cost of apartment such as the awareness of the value of the residents regarding landscape elements, out of the customary construction cost formulation method based on the microscopic dimensions of the consumer side.
Keywords
Landscape Construction; Apartment Landscape; Landscape Elements; Landscape Construction Cost; Value Analysis; Investment Efficiency;
Citations & Related Records
Times Cited By KSCI : 3  (Citation Analysis)
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