• Title/Summary/Keyword: Land Price

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The Effects of Expected Rate for Housing Sale Price on Jeonse Price Ratio - Focused on Markets in Seoul - (매매가격에 대한 기대상승률이 전세가격비율에 미치는 영향 - 서울시를 중심으로 -)

  • Lee, Ji-Young;Ahn, Jeong-Keun
    • Journal of Cadastre & Land InformatiX
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    • v.45 no.2
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    • pp.203-216
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    • 2015
  • This study focuses on the relationship between housing sale prices and Jeonse prices, amid a recent surge of Jeonse price and Jeonse-to-housing sale price ratio. There are many studies about the relationship between house prices and Jeonse, but they couldn't fully explain what makes them spike up. In addition to this relationship, this paper deals with the difference of Jeonse system on regions and price levels. Using Granger causality and Spearman's Correlation Coefficient, the outcome is drawn. As the result, the expected rate for housing sale prices effects on the Jeonse-to-housing sale price ratio. The higher on sale price, the lower the Jeonse-to-housing sale price ratio regarding the region difference.

Development of Optimal Real Estate Decision Support System by Geographic Information on Real Estate Appraisal - Using Internet and GIS - (부동산 감정평가에 있어 공간정보를 활용한 최적의 부동산 의사결정지원 시스템 개발 - 인터넷과 GIS를 활용하여 -)

  • Kim Han-Su;Na Sang-Youp
    • Journal of the Korean housing association
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    • v.15 no.4
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    • pp.45-54
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    • 2004
  • This study systematized synthetically to use internet GIS and real estate appraisal method in computing system for the real estate decision. First, indicated the method of using GIS and databases to appraise the real estate by using the cost approach. Second, used the artificial neural network to predict the change of land prices and the artificial neural network convinced us that it indicates easily the result of land prices without complicated processes. Third, examined land prices using the artificial neural network but there is limits for the land price prediction because of difficult data gathering. also, this study may heighten information levels of the real estate field according to 21th century information level if use actively a internet, information users who should pay much moneys in existent real estate decisions may can approach easily.

An Institutional Approach on Land Problems; Concentrate on Agricultural Development Areas (농업진흥지역(農業振興地域)의 문제점(問題點)과 개선방안(改善方案))

  • Kim, Jai-Hong
    • Korean Journal of Agricultural Science
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    • v.22 no.2
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    • pp.223-230
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    • 1995
  • Agricultural land act was promulgated 1994, 12, 22. Now this is the time to evaluate present agricultural land related laws and its implications. Land problem is a conflict between private characteristics of ownership and public characteristics of utilization. Agricultural development aeras are the key areas where the conflict is intersected. Agricultural development aeras have many regulations to their use, so the price is relatively low. However to keep the food sufficiencies and public purposes, government have to keep agricultural development aeras. To compensate the owners of agricultural development aeras, I suggested some measures. One is direct payment to the owners of agricultural development aeras, the others are environmental subsidies.

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An Analysis of the Policy Effect on the Change of Application Standard of Floor Area Ratio for Land Covering Two or More Zoning Area - Focused on Gangnam-gu - (둘 이상의 용도지역 등에 걸치는 대지에 대한 용적률 적용기준 변경의 정책적 효과분석 - 강남구를 중심으로 -)

  • Yu, Myeong-Han;Lee, Chang-Moo
    • Journal of Cadastre & Land InformatiX
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    • v.48 no.2
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    • pp.121-135
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    • 2018
  • The ministry of land, Infrastructure and transport has revised the "National Land Planning and Utilization Act" in 2012. As a result, the regulation of floor area ratio for land covering two or more zoning area has been changed. This study conducted an analysis of the policy effects of changes in the criteria for the application of the floor area ratio by revising the "National Land Planning and Utilization Act". Land covering two or more zoning area means a street side commercial area and street side residential area that is generally understood. This study analyzed the policy effects in Gangnam-gu which has relatively large areas of street side commercial area and street side residential area. The 468 office building transaction cases were analyzed in Gangnam-gu from 2007 to 2017. The result shows that the office building, which has received incentive for policy changes, reported a 19.08% rise in price compared to the one that did not. It means that the economic effects of change of application standard were significant. The existing policy also served as a restriction on land use by landowners, which in turn contributed to the devaluation of the asset's intrinsic value. Therefore, this study may have contributed to the rational use of land and to provide an empirical basis for the change in policy to be assessed for its intrinsic value.

Proposed a Checklist for the Classification of Construction Business Model by Utilizing the Price Influence Factors and the Construction Regulation - As Focus on Aged Public Rental Apartment - (가격영향요인과 건설제도를 활용한 건설사업 유형분류 체크리스트 제안 - 노후공공임대주택 중심으로 -)

  • Park, Seongsik;Bae, Byungyun
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.6
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    • pp.132-141
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    • 2019
  • 1990s, Construction market continued to grow in South Korea exceeding 20% of GDP. In 2015, more than 30 years of old multi-family dwellings amounted to 4.93 million and it continues to increase until 2019. In Particular, the share of Public rental Housing accounts for 90.6% of South Korea's Total aging housing. Before checking the feasibility of Construction Project Management such as Renovation and Reconstruction, Checklists were presented through price impact factor analysis and analysis of housing construction system(Regulation). Based on 32 Price Influencing factors and 20 Indicators based on the housing construction system The Construction project management seems appropriate. As a result, the 22 complexes were found to be suitable for remodeling. This study is meaningful enough to be used for Domestic rental Housing construction and Construction project management and to suggest specificity. Future Research is needed to Quantify the checklist.

The Compensation Cost Analysis of Parcels for Land Alternation according to Occupation Ratio to Road (도로 편입률에 따른 토지이동 대상필지 보상비 분석)

  • Lee, Geun Sang;Park, Jong Ahn;Cho, Mi Su;Cho, Gi Sung
    • Journal of Korean Society for Geospatial Information Science
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    • v.22 no.1
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    • pp.13-22
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    • 2014
  • Recently, many civil appeals have been occurred in land management work because of discord between cadastral records and actual land use pattern. it is important to select parcels for land alternation exactly using land information and to evaluate compensation cost according to scenarios for advancing this problem. This study operated GIS spatial overlay based on serial cadastral maps and actual-width of the road and analyzed the number and area of the parcels for land alternation by the land classification and ownership applying fuzzy membership function according to occupation ratio to road. Also compensation cost was calculated according to scenarios using individual public land price information of the parcels for land alternation and was arranged by district as Eup and Myeon according to land classification and ownership. This study can efficiently support the work of the parcels for land alternation complying with the financial condition of local government, by supplying compensation cost according to scenarios to the parcels of land alternation by district as Eup and Myeon.

Effective Application Methods of Cadastral Resurvey and Appraisal (지적재조사와 감정평가의 효과적 적용 방안)

  • Lee, Kyong-Hun;Jeong, Jong-Chul
    • Journal of the Korean Association of Geographic Information Studies
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    • v.16 no.1
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    • pp.80-88
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    • 2013
  • This study is to suggest the need to apply appraisal in calculating estimated compensation in order to efficiently implement the national cadastral resurvey project. The results from this research are summarized as follows. First, it is expected that the need to calculate estimated compensation would increase in the near future because current cadstral records do not reflect the reality. Second, the calculation and adjustment of estimated compensation can not be performed by officially assessed individual land price because the true value of a land can not be evaluated on the basis of the individual land price. Third, a variety of evaluation techniques such as individual evaluation and partial evaluation would be required in calculating estimated compensation depending on the type of land. In addition, an expert appraisal would be applied to the calculation of estimated compensation in order to achieve the purpose of fair estimated compensation.

A Study on The Process of Land-dividing of Urban-Hanok Area in 11 Gahoe-dong, Seoul (서울 가회동11번지 도시한옥주거지의 필지형성과정 연구)

  • Song, Inho;Jung, Kee Hwang
    • Journal of architectural history
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    • v.23 no.5
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    • pp.47-60
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    • 2014
  • Urban-Hanok emerged as a result of urbanization of Hanok in the modern period. In particular, Urban-Hanok has been mass-produced from the early 1920s, when the population is concentrated in cities, until the middle. Large-scale development by the professional developer has been developed in large-scale land rather than individual client because housing shortage was serious problem. 11 Gahoe-dong was made in 1935-36 is representative Urban-hanok area of Bukchon. It was formed through division of large-scale Land in 1930's. In the 1930's, the large-scale development projects of Urban-Hanok was triggered by the two events. One is Land Investigation Project performed by the Japanese government to capitalization of property, another is the pro-japanese bought the large scale-land in Gahoe-dong at bargain price from The Japanese government. Each lot has still a topographical characteristics such as land-dividing quality, the way of development, characteristic quality of urban-tissue. 11 Gahoe-dong, Urban-hanok area was developed two ways. First, development have been adapted to the topography. The lots have reflected topographical conditions such as land cutting area, a retaining wall, land-diving was maintaining the original topography almost. Second, it was street oriented development. The lots have developed sequentially along the street. So, the lots's shape and size is different each. For this reason, this area distribute various type of Hanok.

The Validity of Delimitation of City Center by Land Values and the Change in the Land Values of City Center (지가에 의한 도심 경계 설정의 타당성 및 도심의 지가 변화)

  • Park, Jieun
    • Journal of the Economic Geographical Society of Korea
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    • v.22 no.3
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    • pp.366-379
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    • 2019
  • The purpose of this study is to review how to set city center's boundaries in proportion to the highest land values and to identify the characteristics and influence of the original and the new city center. For this purpose, the land values was compared and analyzed the city of Busan as an example using officially announced land price in 2000 and 2015. The main findings of the study are as follows. First, the method of delimitation city center's boundaries as a percentage of the highest land values depends on the flow of time or the social and economic situation of each city, so a careful approach should be taken. Second, the original city center's land values have a strong influence on the surrounding areas. However, given that the PLVI was moved to the new city center and new city center's land prices has increased, it is predicted that the new city center's area in Busan will grow further in the future.

The Most Suitable Plan of Automatic Domestic Solid Waste Collection System for Land Development Area (택지개발지구의 쓰레기자동집하시설 최적규모 연구)

  • Lee, Joon-Young
    • The KSFM Journal of Fluid Machinery
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    • v.12 no.1
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    • pp.28-34
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    • 2009
  • The objective of this study was to draw the most suitable plan of an automatic domestic solid waste collection system for land development area. The results of this study indicated that the most suitable plan is identified as a land development area larger than 3,600,000 $m^2$ located in the metropolitan area with an incinerator system (or MBT). There are the cases smaller than the standard area but this may cause additional allotment from the residents. According to a rating method to compute the size of the most suitable plan, installation of an automatic clean network has to be minimized if the rated score is below 2.0. On the other hand, the installation is required if the rated score is above 2.5. For a certain circumstance, a cautious decision has to be made for installation of the automatic domestic solid waste collection system by considering the influence of the initial cost, sale price, residential allotment, and maintenance cost on the land development.