• Journal of Cadastre & Land InformatiX
• /
• v.52 no.2
• /
• pp.189-210
• /
• 2022

Cities around the world have paid attention to public transportation as an alternative to reducing traffic congestion caused by automobile usage, excessive energy consumption, and environmental pollution. This study measures accessibility to subway stations in Seoul using a supply-demand-based accessibility technique. Then, the impacts were analyzed through land prices by use and segment. As a result of analysis using the multilevel hedonic price models, accessibility considering both supply and demand for the subway had a positive effect on both residential and non-residential land prices. The effect was stronger for residential than for non-residential. Further, among the accessibility measured by the three functions, the accessibility by the Exponential function was most suitable for the residential land price, and the accessibility measured by the Power function for the non-residential land price had the highest explanatory power. Also, looking at the impacts by land price segments, it was found that higher access to metro stations had the greatest positive impacts on the most expensive segment of residential and non-residential land prices. The results of this study can be applied not only to identify the impacts of public investment on neighborhoods, but also to support real estate valuation.

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2019.11a
• /
• pp.182-183
• /
• 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 Computational Design and Engineering
• /
• v.15 no.1
• /
• pp.51-59
• /
• 2010

People evaluate urban residential regions quite frequently and sensitively, considering issues such as locations or ease of use of in-site facilities or nearby urban facilities, and those results are bound to be reflected to real estate costs quite immediately. However, there have been frequently recurring questions regarding objectivity of evaluations in terms of results and methods reflected on indexes such as land costs for various reasons. RPMS -Residence Performance Management System- which targets currently in most cases on urban residential areas, suggests instrumental methodology of objective approach toward sensitive urban residence performance evaluation. This paper explains and suggests instrumental utilization of RPMS and its implementations, evaluation methodology and quantitative way of evaluation. In terms of implementation we explain issues such as adding target locations into new residence planning sites, quantification of properties on evaluation indexes of residential performance and/or habitability in terms of checklists, formulas for evaluation, delicate adjustment of evaluation results by setting weights on evaluation indexes, as well as reports on results. Research on appropriate weights and weight settings regarding evaluation indexes, however, exceeds the range of this paper so that this paper focuses on explaining residence performance evaluation and management methodology.

• Journal of the Korea Safety Management & Science
• /
• v.24 no.1
• /
• pp.73-80
• /
• 2022

The purpose of this study is to present the direction of the plan to transform the residential complex into a space that can provide an open residential environment that can lead to social communication and exchange without being closed to the urban residential environment, especially in the apartment complex environment, which is becoming more dense. As a result of the Openness analysis of the 'Codan Shinonome Canal Court', the overall accessibility was good in terms of space utilization, and the openness was low in terms of the spatial composition, which is a physical environment due to the dense block type. When looking at the overall openness of the Codan Sinonome complex in terms of analysis by block, the corrected openness index (C.O.I) for all six blocks was 0.245, the corrected accessibility index (C.A.I) was 1.447 and the openness composite index (O.C.I) was assessed at 1.692. This was due to the formation of high-density block-type urban dwellings and the introduction of S-shaped streets and the layout of low-rise urban support facilities and commercial facilities. The Codan Sinonome Canal Court, which is considered an "open city residence," quantitatively confirmed that it embodies macro-space structure and human-scale space environment even in high-precision environments.

• The Journal of Economics, Marketing and Management
• /
• v.11 no.4
• /
• pp.11-18
• /
• 2023

Purpose: The purpose of this study is to present policy implications by analyzing the residential environment in North Korea under the Kim Jong-un regime. Research design, data, and methodology: Residential environment analysis was reviewed by dividing it into physical, socio-cultural, economic, environmental, and policy aspects. Results: Pyongyang are considerably superior due to it being the residence of the country's leadership and middle class. Secondly, there is a concerning problem with the provision of substandard housing. Construction materials are in short supply, and unreasonable timelines often lead to uninhabitable houses, signaling a need for assistance in housing construction. Thirdly, there is a severe lack of essential residential infrastructure, such as reliable electricity and clean water supply, which significantly impacts the quality of life. Lastly, due to the country's economic hardships, basic housing rights are not guaranteed, leading to deplorable living conditions for many North Koreans. The report suggests that these issues should be addressed through international aid to guarantee the basic human rights of North Koreans. Conclusions: In North Korea, the poor living environment deteriorates the health and quality of life of citizens and adversely affects social and economic development. Therefore, international support and cooperation to improve the living environment of North Koreans is important.

• Journal of the Economic Geographical Society of Korea
• /
• v.16 no.1
• /
• pp.71-85
• /
• 2013

This paper examines the impact of urban space structure on real estate markets, especially on commercial real estate markets. Based on a large scale of GIS dataset, volumes of each land use type are examined. This vast dataset enables 3-dimensional analysis of land use in the entire Seoul area, overcoming the limits of previous research relying on simple 2-dimensional analysis. After then, the Herfindahl index is used to calculate the level of mixed-uses. It analyzes whether a building price is influenced by circumjacent commercial buildings and its residential development pattern. The regression outcomes verify that a nearby area's development patterns make an impact on an office building price. It shows the possibility that a new-urbanism's argument can be actualized.

• Journal of Families and Better Life
• /
• v.22 no.6 s.72
• /
• pp.165-175
• /
• 2004

The purpose of this study was to classify the household financial strategies and investigate major determinants of the household financial strategies and financial performance. The data of 3,994 households is from the Korean Labor and Income Panel Stud?. The major findings were as follows. (1) The classified household financial strategies types were Residual ($44.6\%$), Informal Institutional ($13.3\%$), Financial Assets ($16.7\%$), Real Estate ($13.4\%$), and Diversified Portfolio ($12.0\%$). (2) The criteria of classification of the household financial strategies were relative, not absolute. (3) The household financial strategy types changed largely during a short period(1999-2000). (4) In all households, the variables that affected changes in household financial strategies were education, occupation, number of children, residential location and home ownership. (5) Households that employed a diversified portfolio strategy had the greatest financial performance (2,316,000 won net gain). (6) In all households, the variables that had the greatest influence on financial performance were the number of children, assets and debts. 1'he financial performance was significantly different according to changes in the household financial strategy.

• The Journal of Economics, Marketing and Management
• /
• v.11 no.6
• /
• pp.9-22
• /
• 2023

Purpose: This paper aims to suggest ways to apply the leading technologies of Industry 5.0 to the housing welfare field, tasks for this, and policy implications. Research design, data, and methodology: The analysis method of this study is a literature study. The analysis steps are as follows. Technology trends and characteristics of Industry 5.0 were investigated and analyzed. The following is a method of applying technology 5.0 in the industrial field. Finally, the application areas of each technology and the challenges to be solved in the process were presented. Results: The results of the analysis are 1) the accessibility and diffusion of technology. This means that all citizens have equal access to and use of the latest technology. To this end, the appropriate use of technology and the development of a user-centered interface are needed. 2) Data protection and privacy. Residential welfare-related technologies may face risks such as personal information leakage and hacking in the process of collecting and analyzing residents' data. 3) Stability, economic feasibility, and sustainability of the technology. Conclusions: The policy implications include: 1) Enhancing technology education and promotion to improve tech accessibility for groups like the low-income, rural areas, and the elderly, 2) Strengthening security policies and regulations to safeguard resident data and mitigate hacking risks, 3) Standardization of technology, 4) Investment and support in R&D.

• Korea Real Estate Review
• /
• v.28 no.3
• /
• pp.65-77
• /
• 2018

The purpose of this study is to analyze the effect of the educational environment on the prices of studio apartments, known as officetels, in Korea. Since the revision of relevant laws in 2010, they have served as substitutes for residential purposes in areas suffering from housing shortage, especially where the educational environment is a significant factor. To assess the relation between the educational environment and rental rates, the hedonic price model and artificial neural networks were implemented. The national assessment of the academic performance of middle and high schools that were closest to each officetel, and the ratio of students going to special-purpose schools and private high schools were considered as independent variables. Research findings indicated that the positive effect of the dependent variable increased as the value of educational environment-related variables increased. This result could be utilized as a functional index for housing providers after considering educational environments.

• 한국사회정책
• /
• v.19 no.2
• /
• pp.39-68
• /
• 2012

As foreign immigrants increase dramatically, the number of ethnic residential areas also grow rapidly in Korea. Of those foreign workers, the majority is Korean Chinese who can speak Korean language fluently and share common culture as the same ethnicity. As of now they are concentrated on 8 areas in Seoul forming their own community with networks for living and finding job. This paper is to investigate the differences and similarities of Korean Chinese residential areas in Seoul. In order to do that the authors researched two typical areas of Garibong-dong and Jayang-dong. The former is bigger and established earlier, became the symbol of Korean Chinese community. The latter area is relatively small and formed recently. Those staying in Garibong-dong are characterized as; single, moved from main land China directly, small sized residing unit and lower income. The place is mainly for the first incoming people to provide convenient environment for adapting in Seoul. On the other hand those staying in Jayang-dong are characterized as; with families, moved from other parts of Seoul, relatively good residence and higher income. Therefore this place is the second residential area for those who became familiar with living in Seoul. As a result, this paper found the process of differentiation in Korean Chinese communities. This process would be continued as far as foreign immigration continues. Therefore further researches required on more detail process of differentiation for various ethnic groups.