• Title/Summary/Keyword: Ratio-unit price

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Determining(Estimating) Ratios for Enhancing Publicness Through Analysis of Changes in Land Prices Influenced by Upzoning - A Case of Operating Instructions of District Unit Planning in Busan - (종상향 용도지역의 지가 변화 분석을 통한 공공성 확보 비율 산정 - 부산광역시 지구단위계획 운영지침을 대상으로 -)

  • KIM, Heung-Kwan;YEO, Sung-Jun;KANG, Gi-Cheol
    • Journal of the Korean Association of Geographic Information Studies
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    • v.19 no.4
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    • pp.157-168
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    • 2016
  • Change of Zoning Regulations in district unit plans calls for improving development benefits through upzoning rather than harmonious worldwide development. The purpose of this study is to examine the floor area ratio incentive system according to un-zoning in district units plan, and to suggest criteria to secure publicness. In order to derive methods to secure district unit plan publicness in Busan Metropolitan City, the ratio of securing public facilities through upzoning was examined. A comparative analysis of land price rate in the entire city versus the use district suggests that it is possible to secure 10 to 15% of public facilities. In this study, 10% of the project site was applied to secure public facilities, and it produced upgraded publicness.

The Impact of Stock-to-Flow Price Ratio on Housing Starts (재고-신규주택 상대가격이 주택공급에 미치는 영향)

  • Ji, Kyu Hyun;Choi, Sung Ho
    • Land and Housing Review
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    • v.11 no.1
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    • pp.59-66
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    • 2020
  • This thesis investigates relationship between Stock-to-Flow price and housing starts in Seoul metropolitan form 2008 year to 2019 year. The paper tests the relationship through two time-series models such as a vector error correction model and Dynamic Panel regression model. The model results show evidence of positive correlation between Stock-to-Flow price and housing starts in the long run. By transforming the regional data into a panel data set and running a fixed effects model, we test the explanatory power of PBR on housing starts. The result of VECM confirms that one unit uprising PBR raises up apartment construction by 7.4%. This result supports that PBR is a major factor in choosing a start of housing construct. Base on the result of empirical model, We also suggest that the market self-regulation function of housing providers is operating in the entire metropolitan area market.

Effects on the Apartment Price of the Score Difference of National Unit Academic Evaluation - Focused on the Case of Ulsan - (전국단위 학력평가 성적 차이가 아파트 가격에 미치는 영향 - 울산광역시 사례 -)

  • Ahn, Mun Young;Chu, Joon Suk
    • Korea Real Estate Review
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    • v.27 no.4
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    • pp.63-76
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    • 2017
  • The purpose of this study is to analyze the effect of the results of a nationwide academic evaluation of middle schools and high schools on apartment prices in Ulsan City by using a hedonic pricing model. The results of the middle school and high school achievement test, the College Scholastic Ability Test (CSAT) score for high school, the national united evaluation score, and the number of successful applicants to prestigious universities have a significant effect on the apartment price formation with a positive relationship. In addition, different kinds of academic evaluation score have asymmetric effects on apartment price determination. The results of the high school achievement evaluation are more important than the results of the middle school achievement evaluation in the apartment price determination. Among the achievement evaluation results, the ratio of the students with the higher education level is more important than the ratio of the students with the lower basic education level. Furthermore, the CSAT score for Natural Sciences is more important than the CSAT score for the Humanities course.

A Study on Characteristic of each Cities·Counties Regions by Trade Causes of Apartment Sales - Focused on the Resale of Apartment Unit - (아파트 거래원인별 시·군 지역간 특성에 관한 연구 - 분양권 전매를 중심으로 -)

  • Kim, Sun-Woong;Kang, Hyeun-Ju;Suh, Jeong-Yeal
    • Journal of Cadastre & Land InformatiX
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    • v.46 no.2
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    • pp.283-296
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    • 2016
  • This paper aims to analyze characteristic by the cities focused on the ratio of new apartment resale that is one of the apartment unit sale market, which has been increased recently. To do so, this study examined characteristics of population, housing, residential, and economical with 162 cities and counties and performed multiple regression analysis with dependent variable, ratio of new apartment resale. As a result. the factors affecting the ratio of new apartment resale are 7variables, regional apartment rate, population increasing rate, a mount of sell in lots, housing rent price (Jeonse price) rate compared to average apartment sale price, single-person households increasing rate, apartment subscription rate and number of buyers in the area. Thus, this study showed that the factors affecting characteristic by the regions are ordered characteristics of residential, population and rate of sale and dealing. Based on this result, this study will be basic data for policy of government and development of apartment sales system and for end user to activate resale in apartment sales market.

A Study on the Regional Conditions and Characteristics of Apartment Ownership Resale (지역별 아파트 분양권 실태 및 특성 연구)

  • Kim, Sun-Woong;Suh, Jeong-Yeal
    • Journal of Cadastre & Land InformatiX
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    • v.48 no.2
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    • pp.5-20
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    • 2018
  • This paper aims to analyze characteristic by the cities focused on the ratio of new apartment resale that is one of the apartment unit sale market, which has been increased recently. So, this study examined characteristics of population, apartment trade & sale, housing with 162 cities and counties and performed multiple regression analysis with dependent variable, ratio of new apartment resale. As a result. the factors affecting the ratio of new apartment resale are 7variables, apartment sales rate, transfer of ownership, apartment turnover rate, sale volume, regional apartment rate, population increasing rate, housing average apartment sale price rate. In terms of the increase in apartment sales prices, the rate of sales price increase was relatively low in areas where the transaction rate for apartment sales is high, and the number of apartment sales right transactions increased as the number of other ownership transfers rose. As a result, the data will be based on the improvement of the government's policies and systems to stimulate the transaction focused on the real estate agents in the apartment market.

The Analysis of Contract-Foodservice Operational Efficiency using Data Envelopment Analysis and Efficiency-Profit Matrix (다점포 운영 푸드서비스 기업의 효율성 측정에 관한 연구 - DEA 및 효율, 수익 매트릭스 분석을 중심으로 -)

  • Kim, Tae-Hee;Park, Ju-Yeon
    • Journal of the East Asian Society of Dietary Life
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    • v.20 no.5
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    • pp.823-835
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    • 2010
  • The research aimed to measure the efficiency of using multi stores in a foodservice company using by DEA (data envelopment analysis) which is a new management science technique. The study also attempted to identify relevant variables affecting DEA efficiency in order to suggest methods for improving efficiency. The data were collected from 148 contract foodservice operations, which were operated in similar fashion in October 2009. The DEA efficiency was calculated as an output-oriented BCC Model. Sales, and CSI (customer satisfaction index) were used as output variables whereas food cost, labor cost, and management expense were used as input variables to calculate the DEA efficiency. Operation process variables of the unit consisted of the were consist of ratio of regular employee, ratio of housekeeper, meal counts, meal price, food cost per meal, contract period, number of menu items, forecasting accuracy, order accuracy, inventory turnover, use of processed food, deviation of food cost, number of new menus, and number of events. According to the BCC score and profitability, units were classified into four groups: High efficiency-high profitability (HEHP), High efficiency-low profitability (HELP), Low efficiency-high profitability (LEHP), and Low efficiency-low profitability (LELP). The HEHP group contained 54 units, which mostly contracted management fee type and had a high meal price. The units were also very large and, served three meals. Twenty of the units were operated with high labor cost: most of these were factories and hospitals. The LEHP group contained 20 units, that were mainly office stores of large scale and medium price. Fifty-four LELP group had a low meal price. A high performance group must have high efficiency, profitability, and satisfaction. The BCC score was over 0.969, the meal price was over 4,116 won, the food cost was over 2,077 won, and meal counts per month were over 10,212 meals.

Forecasting realized volatility using data normalization and recurrent neural network

  • Yoonjoo Lee;Dong Wan Shin;Ji Eun Choi
    • Communications for Statistical Applications and Methods
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    • v.31 no.1
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    • pp.105-127
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    • 2024
  • We propose recurrent neural network (RNN) methods for forecasting realized volatility (RV). The data are RVs of ten major stock price indices, four from the US, and six from the EU. Forecasts are made for relative ratio of adjacent RVs instead of the RV itself in order to avoid the out-of-scale issue. Forecasts of RV ratios distribution are first constructed from which those of RVs are computed which are shown to be better than forecasts constructed directly from RV. The apparent asymmetry of RV ratio is addressed by the Piecewise Min-max (PM) normalization. The serial dependence of the ratio data renders us to consider two architectures, long short-term memory (LSTM) and gated recurrent unit (GRU). The hyperparameters of LSTM and GRU are tuned by the nested cross validation. The RNN forecast with the PM normalization and ratio transformation is shown to outperform other forecasts by other RNN models and by benchmarking models of the AR model, the support vector machine (SVM), the deep neural network (DNN), and the convolutional neural network (CNN).

Analysis on the Architectural Characteristics of Super High Rise Apartments (초고층 공동주택의 건축적 특성 분석)

  • Park, Hyeon-Ku;Song, Hyuk;Go, Seong-Seok
    • Journal of the Korean housing association
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    • v.18 no.1
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    • pp.11-18
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    • 2007
  • At the economical crisis of Korea in 1997, self-determined price for apartment and the revision increasing the ratio of residential area for mixed-use residential building were introduced to activate the construction industry, which causes construction companies to build super high rise apartment discriminative and high class orientated. This study aims to classify the super high rise building which is planned to build or built recently and to analyze the architectural characteristics. The objects are 288 unit households in 26 apartment complexes higher than twenty five story since 1998. As a result, super high rise building comparing with existing apartments were being varied in plan types of main building and unit household and in construction types. As for the plan, the number of walls having opening to outdoor were increased and it is considered that high rise building can take advantage of a view, lighting and sunshine. The location of living room that used to be in the center of unit in existing apartment was moved freely without rule.

A Regression Model for Forecasting the Initial Sales Ratio of Apartment Building Projects (아파트 프로젝트의 초기 분양률 예측 회귀모델)

  • Son, Seung-Hyun;Kim, Do-Yeong;Kim, Sun-Kuk
    • Journal of the Korea Institute of Building Construction
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    • v.19 no.5
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    • pp.439-448
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    • 2019
  • There are various factors affecting the success and failure of an apartment building project. However, after the unit sale price has been determined and the sale has started, the most important factor affecting on the project is the initial sales ratio for one month after the sale. Generally, developers predict an initial sales ratio by various data such as economic situation, the trend of the housing market, and the house price near the business place. However, it is very difficult for these factors to be calculated quantitatively in connection with the initial sales ratio. Therefore, the purpose of this study is to develop a regression model for forecasting the initial sales ratio of apartment building projects. For this study, pre-sales data collection, correlation analysis between influencing factors, and regression model development are performed sequentially. The results of this study are used as basic data for predicting the initial sales ratio in the feasibility analysis of apartment building projects and are used as key data for the development of the risk management model.

Adequate Excessive Air Ratio for The Various Blended Coal at a USC Boiler (USC 보일러에서 혼합연료별 적정과잉공기비)

  • Park, Jin-Chul;Lee, Jae-Heon;Moon, Seung-Jae
    • Plant Journal
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    • v.7 no.2
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    • pp.44-51
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    • 2011
  • Given the fact that the entire bituminous coal used for a boiler is imported, the supply of coal is often affected by the rise of international coal price. Moreover, coal suppliers have been diversified due to the competition among power generation companies for reducing costs and inexpensive sub-bituminous coal is used. As a result, boilers combustion conditions have been deviated from the initial boiler design. This requires the selection of adequate excessive air ratio for different combustion conditions to enhance the efficiency of boiler operation. The boiler efficiency has been identified through an examination on the change of excessive air ratio by mixed fuel in unit 8 of Dangjin power plant complex. In addition, an excessive air ratio was calculated based on the examination result. According to the study result, the adequate excessive air ratio was 13% when Macquarie and Powder river were mixed at a ratio of 5:5 and when Sonoma and Megaprima persada were mixed at a ratio of 5:5. When BHP Billiton and Powder river were mixed at a ratio of 4:6 and Centennial and Batubara were mixed at a ratio of 3:7, the adequate excessive air ratio was 11%.

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