• Geomechanics and Engineering
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• v.36 no.4
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• pp.329-341
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• 2024

Retaining structures are one of the most important elements in the stabilization of excavations and slopes in various engineering projects. Mechanically stabilized earth (MSE) walls are widely used as retaining structures due to their flexibility, easy and economical construction. These benefits are especially prominent for projects built on soft and weak foundation soils, which have relatively low resistance and high compressibility. For high retaining walls on weak foundations, conventional design methods are not cost-effective. Therefore, two alternative solutions for different foundation weakness are proposed in this research: optimized multi-tiered MSE walls and single tier wall with foundation improvement. The cost optimization considers both the construction components and the land price. The results show that the optimal solution depends on several factors, including the foundation strength and more importantly, the land price. For low land price, the optimized multi-tiered wall is more economical, while for high land price (urban areas), the foundation improvement is preferable. As the foundation strength decreases, the foundation improvement becomes inevitable.

• Spatial Information Research
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• v.10 no.2
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• pp.233-246
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• 2002

The purpose of this paper is to quantitatively measure the effect of location in evaluating the land value through the implementation of GIS coupled with spatial statistical analysis. We assumed that the hedonic price model, which was commonly used in modelling the land value, could not explain the spatial factor effectively. In order to add the spatial factor, the analysis of the spatial autocorrelation was used. The present project used 54 standard land price samples from 1421 parcel land values and applied Kriging to predict stochastically the unsampled values on the basis of spatial autocorrelation between location of vector data. This study confirms that the spatial variogram analysis has an advantage of predicting spatial dependence process and revealing the positive premium and the negative penality on location factor objectively.

• Journal of the Korean Geographical Society
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• v.49 no.5
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• pp.690-704
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• 2014

Single family houses are the traditional & typical type of house in human history. But there had been little attention to single family houses in Korea so that there was little studies on single family houses. This study aimed to analyse price determinants of single family houses in Seoul, using Quantile Regression Analysis(QRA). Because single family houses has large levels of price, quantile regression analysis is more proper than Ordinary Least Square(OLS). The Results of analysis showed that, land coverage ratio, zoning, passed years, basement floor, hight of land, shape of land were important factors to single family houses price. The scale of effect of land coverage ratio to single family houses price was different to price levels of single family houses. And basement floor affected more negative effects to middle price, location and zoning had positive effects to high price single family houses. The degree of influence of determinants of single family houses price was deferent by region, KangBuk and KangNam. In KangNam, land coverage ratio and accessibilities were more important in low price single family houses, green zone and more far way is affected positive effects on single family houses price. In Kangbuk, land coverage ratio affects similar effects on single family houses price.

• Korea Real Estate Review
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• v.28 no.1
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• pp.79-90
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• 2018

The purpose of this study was to estimate the pricing factors of residential lands in new cities by estimating the pricing model of residential lands. For this purpose, hedonic equations for each quantile of the conditional distribution of land prices were estimated using quantile regression methods and the sale price date of Jangyu New Town in Gimhae. In this study, a quantile regression method that models the relation between a set of explanatory variables and each quantile of land price was adopted. As a result, the differences in the effects of the characteristics by price quantile were confirmed. The number of years that elapsed after the completion of land construction is the quadratic effect in the model because its impact may give rise to a non-linear price pattern. Age appears to decrease the price until certain years after the construction, and increases the price afterward. In the estimation of the quantile regression, land age appears to have a statistically significant impact on land price at the traditional level, and the turning point appears to be shorter for the low quantiles than for the higher quantiles. The positive effects of the use of land for commercial and residential purposes were found to be the biggest. Land demand is preferred if there are more than two roads on the ground. In this case, the amount of sunshine will improve. It appears that the shape of a square wave is preferred to a free-looking land. This is because the square land is favorable for development. The variables of the land used for commercial and residential purposes have a greater impact on low-priced residential lands. This is because such lands tend to be mostly used for rental housing and have different characteristics from residential houses. Residential land prices have different characteristics depending on the price level, and it is necessary to consider this in the evaluation of the collateral value and the drafting of real estate policy.

• Journal of Korean Society for Geospatial Information Science
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• v.20 no.1
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• pp.101-107
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• 2012

Urban area is being continuously grown traffic volume due to diverse economic activities. Especially, the traffic noise, which occurs on the road of passing by residential district, is dropping quality of life as negative element of obstructing sleep at night. This study analyzed relationship between the officially notified land price and the traffic noise in residential district by using the estimating equation of traffic noise and GIS. As a result, the officially notified land price on a parcel of residential district along the road was indicated to be higher than a parcel where is located in other place. Even traffic noise was indicated to be higher. Accordingly, a plan is judged to be necessarily arranged that can be made appraisal of the officially notified land price, which is reflected the convenience of life and the quality of life at the same time in consideration even of traffic noise together as element of appraisal given evaluating the officially notified land price in residential district where is located in the downtown.

• Journal of Korean Society for Geospatial Information Science
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• v.22 no.3
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• pp.31-37
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• 2014

It is usual for the officially land price of agricultural field parcels to be determined by real estate appraisers's experienced knowledge and intuition without considering quantitatively physical factors that directly influence agricultural productivity. Solar radiation is the most important predictor of agricultural productivity. GIS based simulation techniques were used to evaluate correlation between the officially land price and solar radiation for agricultural field parcels. The results show that officially land price shows random distribution patterns in relation to solar radiation, which proves that officially land price for agricultural field does not reflect agricultural productivity. It is anticipated that this research output could be used as a valuable reference to support more scientific and objective decision-making in the official pricing process of agricultural field parcels.

• The Journal of the Korea Contents Association
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• v.21 no.12
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• pp.337-347
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• 2021

Land is key natural resource that Chinese government actually owns. Real estate and land development have played an important part in China's urban development and economic development. The Chinese local governments' land development policies can mainly be characterized as the establishment of economic development zones and the development of new towns. Given the great importance of these measures, we can expect that these policies can generate noticeable impacts on land development and land price. However, little research has explored these impacts empirically. Using the data collected from land development projects of three districts in Linyi city-old town, new town, economic development zone, this paper attempts to investigate the impact of government development policy on land development and land price. This research chooses investment amount and land price as dependent variables. The multiple regression results demonstrate that the local government's land Development policies can affect land investment size and land price significantly. As we have noticed, the target of government development policy is to make use of urban land resources more scientifically and efficiently. Based on my empirical analysis, some useful insights can be provided for improving our understanding concerning the effects of these government land development policies.

• Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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• v.26 no.3
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• pp.293-301
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• 2008

The purpose of this study is price determination for KLIS (Korea Land Information System) which Korea government established. For this purpose, I analyzed cost accounting and made the KLIS selling price according to selling amount, recovery rate and information volume. In case of recovery rate, the cost was expensive but, in case of information volume the cost was cheap. So, the price determination for KLIS should be resonable according to information volume considering GIS revitalization.

• Journal of the Korean Association of Geographic Information Studies
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• v.3 no.2
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• pp.1-10
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• 2000

The purpose of this study is to develope a parcel-based automatic simulation system of land price through the integration of urban mathematical model and GIS. The appraisal process of public land price by the local government is simple but is a great time-consuming task. Moreover, it doesn't provide any statistical analysis and spatial presentation tools. So, it is difficult for planners or administrative officials to analyze the variation of land price with spatial idea. From these, a system is developed combining two sub-systems, they are ANN(Artificial Neural Network) for the calculation of land price and GIS for visual presentation. Using Matlab application, ANN model was designed having 3-layer structure and was trained with the sample data taken from Chinju city. With the trained network, the impact of 'road', 'parks', 'height control district' and 'beauty district' on land price in 9 regions(dong) are simulated. The results of the simulation were visualized with ArcView GIS. The automatic simulation system operated through the DDE(Dynamic Data Exchange) conversation between two applications. ArcView was set as client and Matlab as server. Scripting in ArcView and customizing a window of ArcView, this system can execute the whole process of simulation by just clicking a button with mouse. As a conclusion, this system was proved to be an effective and easily controllable planning support system for the land price simulation.

• Spatial Information Research
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• v.11 no.1
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• pp.1-12
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• 2003

Currently, selecting comparative standard land parcels for evaluating individual public land price is done by cadastral officers manually. Due to the amount of land parcels to be evaluated in a short period of time and the subjective methodology adopted, the results are not satisfactory and affect the final individual public land price evaluation. This study aims to develop, implement, and test a new automatic and objective methodology for selecting comparative standard land parcels using spatial multi criteria decision making rules. We conclude that spatial multiattribute decision making rules perform very well in this kind of problem and especially an AHP based method is highly appropriate for this purpose.