• Korean Journal of Construction Engineering and Management
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• v.17 no.2
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• pp.21-30
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• 2016

The current PF project is entirely relying on construction company's credibility. As such, it has increased a negative and bad recognition in domestic real estate economy. In addition, PF experts has a perception that a project's safety of future cash flow profitability is more important than the construction company's credibility. So many PF experts make an effort in order to set aside safe project structure of PF and analyse systematically the risks of the project. In common feasibility study of the PF Project, financial specialists and real estate specialists are forecasting and evaluating the suitability of the project through reviewing the development profit from the project of sales. However, cash flow analysis and evaluation from the perspective of mid-sized construction companies are still in the primary level. Therefore, this study has analysed the current feasibility study and go/no go decision making procedures. Then the authors have a new cash flow analysis method from the perspective of mid-sized construction companies, by improving the feasibility study and go/no go decision making procedures.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.359-362
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• 2001

Most old apartment housing have been replaced with new ones by means of the reconstruction. But with the change of the construction environment, remodeling is introduced as a new alternative for the replacement. Remodeling is expected to reduce national loss owing to the early reconstruction of old apartments resulted from economical and functional deterioration. But there still remains a lot of problems to be first solved for Remodeling. One of those is to figure out how to perform an economic feasibility analysis effectively. The researches of remodeling done under the rally stage are not sufficient in economic feasibility for apartment housing. Therefore, this paper suggests an effective method for the economic evaluation of remodeling projects focusing on a rental high-rise apartment.

• Journal of the Korean Institute of Landscape Architecture
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• v.35 no.3
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• pp.37-49
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• 2007

This study investigated how external environmentally-friendly factors adopted to improve the quality of outdoor spaces have been designed and used in the construction of apartment complexes. The goal of this study is to determine what areas should be improved through environmentally-friendly ways to create natural outdoor spaces in apartment complexes and enhance their availability and usefulness. For this study, 21 environmentally-friendly factors were chosen and a checklist by specific item was prepared. This study examine how these items were applied to basic planning, detail design, and construction in 4 target areas. As a result, it was found that the development of environmentally-friendly residential areas was an ultimate goal of the project during basic planning and design. All target areas focused on developing an inner greens network, eco-pond, brook, and pedestrian track as well as the growth of a variety of plants. Some differences have been observed, however, in terms of method. Furthermore, due to economic and technological problems and poor construction site conditions, green walls/green roofs/pedestrian tracks/use of rainwater have not been properly promoted. These kinds of problems must be improved through the development of environmentally-friendly construction methods and materials, the expansion of natural grounds areas, economic support, a satisfactory repair and maintenance system.

• Journal of the Korea Institute of Building Construction
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• v.10 no.6
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• pp.1-6
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• 2010

To analyze the total cost of ownership in a building construction project, we have to consider initial plan, maintenance and operation cost, in addition to the design and construction cost. This is called "Life Cycle Cost (LCC)." Currently, it is difficult to analyze LCC because of a lack of data and the appropriate criteria. This study tries to suggest a way to analyze the LCC of building construction projects, and apply it to case studies of modern apartment houses and Han-Ok, a type of traditional Korean house. The case studies found that a Han-Ok is more efficient than a modern apartment house from an LCC point of view, in terms of maintenance and operation cost.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2019.11a
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• pp.182-183
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• 2019

The amount of multi-aged housing more than 15 years since the completion has increased, and the real estate market caused by apartment remodeling has also increased. The domestic mortgage loan regulation on relocation expense caused by remodeling apply to same limit as that for mortgage loan newly-built apartment. The excessive government housing regulation could be an obstacle for the occupants residential stability of remodeling apartment. To suggest methods for government housing regulation of residential mortgage loan related to remodeling, examples for mortgage loan regulation and mortgage products were studied and compared. It is pointed out that regulation on occupants relocation expense caused by remodeling has to be relaxed and mortgage product development are needed to boost remodeling project.

• Korean Journal of Construction Engineering and Management
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• v.5 no.6 s.22
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• pp.218-225
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• 2004

The supply for the apartment complex in Korea has been accomplished by the sale before building system as a way of institutional means to support massive housing supply in the past. Although this sale before building system has helped the provision of the housing, the necessity of that has been weakened in the current housing market. As this market is changed to emphasize on consumer, the necessity of conversion to sale after building system was raised and finally enforced partially. However, the sale after building system has difficulty in ensuring construction fund and the safety of housing business. So, the diversification in the style of business structure we and the strategy for the activation of construction fund will solve these problems. Consequently, this essay examine the change and influence in the construction fund after adopting sale after building system and suggest the appropriate strategy in project financing for providing fund and reducing the risk in construction business.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.460-464
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• 2003

A reconstrucion project is very complex and requires technical knowledges and experiences, however due to not having any related knowledge consortium usually does not have any related knowledge. So in this study, we have suggested a systematic procedure to execute a reconstruction project focused on the profitability analysis. a model is developed to identify and calculate all relevant cost and revenue to the project using the IDEF0 methodology.

• Journal of the Korean Society of Industry Convergence
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• v.6 no.3
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• pp.215-222
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• 2003

When constructing buildings, planning, design, construction, using & maintenance as building life cycle. Due to industrialization in 1960s and development of new town from the late 1980s to the early 1990s, Korean housing supply rate reaches almost 100%. After construction companies confronted limit of new building construction, they recognized remodeling as a part of construction, and organized remodeling team or FM team to improve sustainable industrial area. However, since companies in Korea are lack of experience and research activities for remodeling, it makes obstacle to improvement of remodeling business. So the objective of this study is to help carry out remodeling business by suggesting the counterplan through investigation of a risk of apartment remodeling business.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2007.11a
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• pp.101-104
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• 2007

Currently most of underground structures in domestic apartment projects are being designed for parking lot and essential parking area is growing due to the increase in car-holding number per household. Moreover, most underground parking lots of today are combined with basement, therefore a pleasant environment in underground space is strongly needed for the dwellers' use. However, there always occur high percentage of humidity and surface condensation in underground parking lot because of the nature of underground structure and they are having a bad influence on the comfort and health of dwellers. Therfore, this study is planned to compare and examine the porformance and properties of currently used construction methods to prevent condensation and finally present the most suitable method.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2004.11a
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• pp.277-280
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• 2004

Since the beginning of our military history, we are continuously interested in supplying apartment for military officers. So we possessed 72,361 households and used in 2002 however, $18\%$ of those are over 20years and need to be remodeled Department of Military has taken this fact seriously To solve the problems, they built more new buildings, rent public buildings and remodeled the old one But, The procedure of present military apartment remodeling has many problems at the stage of evaluating the priorities in various remodeling projects which have been caused from lots of corps. I've reviewed the study of military apartment business and applied the AHP(Analytic Hierarchy Process) method which is effective to evaluate the priority in various groups' decision.