• Title/Summary/Keyword: Real Investment

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Determination of Urban-Life Housing Price and Return Ratio by Location (도시형생활주택의 입지별 분양가격 및 수익률 결정요인)

  • Park, Jin-A;Woo, Chul-Min;Baik, Min-Seok;Shim, Gyo-Eon
    • The Journal of the Korea Contents Association
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    • v.12 no.11
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    • pp.469-481
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    • 2012
  • The demand for small-sized housing has been increasing due to the recession of real-estate price and the increase of small-sized households. Especially, the demand for affordable housing has been increasing since the style of housing and the location fits the lifestyle of small-sized household. In addition, many investors have been buying it because it has advertised as an investment property holding high-return ratio. However, an empirical analysis about the selling price and the return ratio has not been done yet. Therefore, the purpose of the research is having the empirical analysis based on the selling price and return ration by examining the affordable housing in Seoul. The urban-life housing more than 50 generations of the Seoul was irradiated for the analysis. And the linear regression analysis and PLS(Partial Least Square Regression) analysis was used for the empirical analysis. The result of analysis, based on the linear regression analysis, showed that factors including neighboring housing price and subway catchment area have a significant effect to the determinant factors of housing price. The analysis for return ratio showed neighboring housing price, subway catchment area and amenities affects the ratio. Especially, the fault of using small sample was covered by using the partial least square regression in this research.

A scheme on strengthening of R.O.K reserved force (예비전력 정예화 방안)

  • Kim, Jae-Sam
    • Journal of National Security and Military Science
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    • s.5
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    • pp.1-45
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    • 2007
  • Reserved forces of ROKA are in charge of replacement of TOE in the wartime and mission of rear area operation. But there is institutional inertia in the law and organization oriented to fill human resources rather than take mission. We need to prepare for the investment and arrangement of reserved forces as military power that would be replaced standing forces. In this portion, to reinforce reserve forces elite, First, efficient mobilization regulations and systems are suggested. I covered a maintenance of relevant mobilization ordinances which need to legislated and approved by national assembly for wartime and development of mobilization system which might lose the appropriate time for mobilization due to complicated declaration procedures and measures to overcome the panic at the initial stage of the war and organization and employment of nationwide transportation system and mobilization center. To ensure efficient resource management and mobilization of reserve forces with a number of approximately 3 million, there's a necessity of organization for integration and conciliation. To make it real, I suggested establishing and employing the mobilization center, on first phase, employ the mobilization center focusing on homeland divisions, on second phase, it is advisable to convert to national level mobilization system and develop to central mobilization center focusing on national emergency planning committee. During peacetime, in conjunction with Mobilization Cell, mobilization center can conduct resource survey and integrate and manage mobilization resources and take charge of mobilization training of subordinate units, and during wartime, in conjunction with mobilization coordination team and Cell, can ensure the execution of mobilization. Second, Future oriented reserve forces management system such as service system of reserve forces and support system of homeland defense operations. Current service and trainings of reserve forces by the year have very low connection, as it is very complex to manage the resources and trainings, and service and training lack the equity, re-establishment of service system is required. Also in an aspect of CSS and cultivation support for reserve forces, as the scope and limitation of responsibility between the armed forces and autonomous organization is obscure, conditions to conduct actual-fighting exercises are limited. Concentrated budgetting is extremely difficult because reserve forces training fields are scattered nationwide, and facilities and equipments are rapidly getting older. To improve all these, I suggest the organization of homeland defense battalion with a unit of "City-Gun-District" and supporting the local reserve forces. Conduct unit replacement or personal replacement for those who have finished their 1 or 2 years and homeland defense operation duty for those with 3-5 years for consistency and simplification. Third, I suggest Future oriented Reserved Training(FRT) and Training Center oriented training management to establish a reliable reserve training. Reserves carry out expansion of unit, conventional combat mission, homeland defense and logistics support during wartime, and actual-fighting exercise, and disaster relief, peace keeping activities. Despite diverse activities and roles, their training condition still stays definitely poor. For these reasons, Modernization of weapons and facilities through gradual replacement and procurement is essential to enhance mobilization support system.

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A Study on the Prediction for Apartment Sales Price: Focusing on the Basic Property, Economy, Education, Culture and Transportation Properties in S city, Gyeonggi-do (아파트 매매가격 예측에 관한 연구: 경기도 S시 아파트 기본속성과 경제·교육·문화·교통 속성을 중심으로)

  • Kim, Seonghun;Lee, Jung-Mok;Lee, Hyang-Seob;Yu, Su-Han;Shin, WooJin;Yu, Jong-Pil
    • The Journal of Bigdata
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    • v.5 no.1
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    • pp.109-124
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    • 2020
  • In Korea, despite much interest in real estate, it is not easy to predict prices. Because apartments are both residential spaces and investment materials. Key figures affecting the price of apartments vary widely, and there are also regional characteristics. This study was conducted to derive the factors and characteristics that affect the sale price of apartments in S City, Gyeonggi-do. In general, people diagnose that better subway accessibility leads to higher apartment sales price. Nevertheless, in the case of S City, the price was slightly lower as it was closer to Line 1, but the higher the subway accessibility at Shinbundang Line, the higher the price. The five-year average of government bonds and the price were inversely related, and it was found to be proportional to the M2 balance and the price. The floor area ratio and the total number of parking lots had a great influence on the price, and the presence of department stores and discount marts within 1.5 km were the most important factors in the area of cultural aspect.

An Empirical Analysis on the Presumption of Public Apartment's Construction Cost in Housing Land Development Project (택지개발사업의 공공주택건설공사비 추정의 실증적 분석)

  • Kim, Seong-Hee
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.2
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    • pp.81-88
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    • 2011
  • Providers haven't recently had a flexible construction cost estimation system to meet various needs of consumers about public housing. So the subject of this study is to estimate construction cost reasonably in early project stage of public housing and then develop reliable means which is able to support construction cost management and establish a adequate funding investment plan as a provider. In this study, Regression analysis was performed by the case on 20 public apartment complex which were designed from the first half of 2007 to the first half of 2008. A total construction cost of construction, civil engineering, machinery, elevator, land scape, electricity and communication work was used as one sample for increasing explanation and representativeness of the case. In addition, The total construction cost which is devided into design, contract and completion cost was variously analysed for increasing relevance of model and actual utilization. The result of estimation model based on a total construction cost set up completion and design cost showed that error rate is within 2%, which is a excellent result. The estimation model of the construction cost developed by this study is expected to estimate approximate construction cost which is adjacent real construction cost in early stage of the project by using some data.

A Study on the Design of a charnel house for an Effective Use of the National Land (효율적인 국토이용을 위한 묘지조형물 디자인에 관한 연구)

  • 박종찬
    • Archives of design research
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    • v.12 no.4
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    • pp.149-159
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    • 1999
  • It is already a well-known fact, that Korean attend the funeral ceremonies with their courteous etiquette being derived from their customs succeeded from the old ancient times to the contemporary one, regarding it as of great importance. Especially in the age of Lee Dynasty, the etiquette has been a way of Confucian ideas, which has exerted a harmful influences to Korean society due to the reflection of the dutiful conciousness to the tomb customs, and that the change of the burial site and its construction works became more and more serious and excessive. In the meantime, the population has been increased according to the development of the modern industrialization and the number of the dead has also been increased, which caused the issue on the effective use of the limited national land relating to the tomb culture, as the passing of the time. Consequently, in this study on the design of the charnel house, three aspects, humane aspect pursuing the human value, like naturalism or equalitarianism, circumstancial aspect presenting minimum space and convenient space, and formative aspect expressing convenient space, and formative aspect expressing convenient charnel function, unique form and symbolism, have been considered, in order that the tomb space could be transferred to the place for the meditation looking back the meaning of the life, or the place for the comfort. Above all, the special emphasis has been put on the creation of the tomb culture, harmonizing relaxation, exercise and refinement in everyone's life. And in order to realize it, the special interest and investment should be directed not only to the materialistic culture caused from the whole hearted devotion to the development for advancing society, but to the related parts to the value of the life or spiritual culture, such a sideology, culture or environment etc., which would be led to the entrance to the real advaced country members.

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A study on vulnerability analysis and incident response methodology based on the penetration test of the power plant's main control systems (발전소 주제어시스템 모의해킹을 통한 취약점 분석 및 침해사고 대응기법 연구)

  • Ko, Ho-Jun;Kim, Huy-Kang
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.24 no.2
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    • pp.295-310
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    • 2014
  • DCS (Distributed Control System), the main control system of power plants, is an automated system for enhancing operational efficiency by monitoring, tuning and real-time operation. DCS is becoming more intelligent and open systems as Information technology are evolving. In addition, there are a large amount of investment to enable proactive facility management, maintenance and risk management through the predictive diagnostics. However, new upcoming weaponized malware, such as Stuxnet designed for disrupting industrial control system(ICS), become new threat to the main control system of the power plant. Even though these systems are not connected with any other outside network. The main control systems used in the power plant usually have been used for more than 10 years. Also, this system requires the extremely high availability (rapid recovery and low failure frequency). Therefore, installing updates including security patches is not easy. Even more, in some cases, installing security updates can break the warranty by the vendor's policy. If DCS is exposed a potential vulnerability, serious concerns are to be expected. In this paper, we conduct the penetration test by using NESSUS, a general-purpose vulnerability scanner under the simulated environment configured with the Ovation version 1.5. From this result, we suggest a log analysis method to detect the security infringement and react the incident effectively.

Continuous Query Processing Utilizing Follows Relationship between Queries in Stock Databases (주식 데이타베이스에서 질의간 따름 관계를 이용한 연속 질의의 처리)

  • Ha, You-Min;Kim, Sang-Wook;Park, Sang-Hyun
    • Journal of KIISE:Databases
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    • v.33 no.6
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    • pp.644-653
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    • 2006
  • This paper analyzes the properties of user query for stock investment recommendation, and defines the 'following relation', which is a new relation between two queries. A following relation between two queries $Q_1,\;Q_2$ and a recommendation value X means 'If the recommendation value of a preceding Query $Q_1$ is X, then a following query $Q_2$ always has X as its recommendation value'. If there exists a following relation between $Q_1\;and\;Q_2$, the recommendation value of $Q_2$ is decided immediately by that of $Q_1$, therefore we can eliminate the running process for $Q_2$. We suggest two methods in this paper. The former method analyzes all the following relations among user queries and represents them as a graph. The latter searches the graph and decides the order of queries to be processed, in order to make the number of eliminated query-running process maximized. When we apply the suggested procedures that use the following relation, most of user queries do not need to be processed directly, hence the performance of running overall queries is greatly improved. We examined the superiority of the suggested methods through experiments using real stock market data. According to the results of our experiments, overall query processing time has reduced less than 10% with our proposed methods, compared to the traditional procedure.

Design and Optimization of a Biomass Production System Combined with Wind Power Generation and LED on Marine Environment (LED가 결합된 야간풍력발전 활용을 포함한 해상환경 바이오매스 생산시스템의 최적 설계)

  • Hong, Gi Hoon;Cho, Sunghyun;Kang, Hoon;Park, Jeongpil;Kim, Tae-Ok;Shin, Dongil
    • Journal of the Korean Institute of Gas
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    • v.19 no.2
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    • pp.74-82
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    • 2015
  • Carbon dioxide was designated as one of greenhouse gases that cause global warming. Among various ways to solve the $CO_2$ emission issue, the 3rd-generation biomass (algae) production is considered as a viable method to reduce $CO_2$ in the atmosphere. In this research, we propose a design of an innovative sustainable production system by utilizing the 3rd generation biomass in the environment of floating production storage and offloading (FPSO). Existing biomass production systems depend on the solar energy and they cannot continue producing biomass at night. Electricity produced from offshore wind farms also need an efficient way to store the energy through energy storage system (ESS) or deliver it real-time through power grid, both requiring heavy investment of capital. Thus, we design an offshore grid structure harnessing LED lights to supply the necessary light energy, by using the electricity produced from the wind farm, resulting in the maximized production of biomass and efficient use of wind farm energy. The final design integrates the biomass production system enhanced by LED lights with a wind power generation. The suggested NLP model for the optimal design, implemented in GAMS, would be useful for designing improved offshore biomass production systems combined with the wind farm.

Expected Role of ICT for Creative Economy (ICT와 미래창조경제의 나아갈 방향)

  • Kim, Kook-Jin
    • Journal of Legislation Research
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    • no.44
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    • pp.7-31
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    • 2013
  • Paradigm of Global economy is changing to creative economy. This study focuses on the role of creative economy to clarify (understand clearly) the impact (influence) which transition of economy system will bring about. The creative economy is basically came from New economy theory. According to the New economy theory, a state can achieve sustainable growth without an inflation, or higher growth rate under given inflation rate, through an investment on ICT. However, different from America, Korea had limited effect of New Economy. This is because Korean economy had factor-input driven growth model rather than New Economy mechanism. However, ICT is essential requirement to move toward New Economy(Digital Economy), it does not sufficiently explain the increase of productivity and economic growth. A crucial point to realize New economy is how to diffuse and spill over the technology development on ICT sector to other industry. ICT is not creative industry or creative economy per se, and it should play as an enabler to improve other industry's productivity. The creative economy can be understood as an extension of New Economy theory. It means the economy that creates values by cultural assets and human resource, as well as capital and labor factors. However, if we understand the meaning of creative economy as change of input factors, it is hard to bring real shape of creative economy.

A Study on the Forecasting Trend of Apartment Prices: Focusing on Government Policy, Economy, Supply and Demand Characteristics (아파트 매매가 추이 예측에 관한 연구: 정부 정책, 경제, 수요·공급 속성을 중심으로)

  • Lee, Jung-Mok;Choi, Su An;Yu, Su-Han;Kim, Seonghun;Kim, Tae-Jun;Yu, Jong-Pil
    • The Journal of Bigdata
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    • v.6 no.1
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    • pp.91-113
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    • 2021
  • Despite the influence of real estate in the Korean asset market, it is not easy to predict market trends, and among them, apartments are not easy to predict because they are both residential spaces and contain investment properties. Factors affecting apartment prices vary and regional characteristics should also be considered. This study was conducted to compare the factors and characteristics that affect apartment prices in Seoul as a whole, 3 Gangnam districts, Nowon, Dobong, Gangbuk, Geumcheon, Gwanak and Guro districts and to understand the possibility of price prediction based on this. The analysis used machine learning algorithms such as neural networks, CHAID, linear regression, and random forests. The most important factor affecting the average selling price of all apartments in Seoul was the government's policy element, and easing policies such as easing transaction regulations and easing financial regulations were highly influential. In the case of the three Gangnam districts, the policy influence was low, and in the case of Gangnam-gu District, housing supply was the most important factor. On the other hand, 6 mid-lower-level districts saw government policies act as important variables and were commonly influenced by financial regulatory policies.