A Study on the Methodological application of Feasibility evaluation of Mixed-use development project to the Fourth Industrial revolution

AUTHORS

Jaehwan Kim,Corresponding author, Associate Professor, Major in Real Estate Studies, Faculty of Regional Development, Kongju Nat’l University. Yesan, Chungnam, South Korea, Telephone: 82-41-330-1402
Heecheol Shim,Analyst, Local Investment Management Center, Korea Research Institute for Local Administration, Nambusunhwanro, Seochogu, Seoul, South Korea, Telephone: +82-10-2312-4179

ABSTRACT

This study systemized various influence factors to be expected in tall building development projects into four upper categories, 12 evaluation areas, and 36 evaluation items by putting together previous studies and major cases. Based on the evaluation areas of influence factors in tall building development projects, the study focused on a measuring technique for more objective and clearer evaluations, applied an analysis methodology to the evaluation areas, and proposed its application plans to the fieldThe study also provided implications for the operation of the evaluation system by reflecting the variability of a certain place, time and project rather than the overall mean accuracy obtained by the subject of such systematic evaluation.

 

KEYWORDS

Mixed-use Development, Real Estate Development, Fuzzy Theory, Impact Value, Feasibility. Methodology

REFERENCES

[1]    A. S. Ali, S. N. Kamaruzzaman, R. Sulaiman, Y. C. Peng, Journal of Facilities Management. Factors affecting housing maintenance cost in Malaysia. Emerald Group Publishing Limited. (2010), Vol.8 No.4, pp.285-298.
[2]    H. Jae. Wan., L. Jeong. Yeon., Journal of The Korean Urban Management Association. An empirical study on the determinants of management fee of muti-family housing in Seoul. Korean Urban Management Association. (2011), Vol.24 No.2, pp.173-185.
[3]    J. Yeong. Jun., Editor, Risk Reduction Strategies by Considering Financial Feasibility for High-Rise Development Project, Konkuk University Graduate School of doctor thesis, Seoul (2018).
[4]    J. Ratcliffe, M. Stubbs, M. Shepherd, Editor, Urban Planning and Real Estate Development, ULI Press, London (2004).
[5]    M. E. Miles, G. L. Berens, M. J. Eppli, M. A. Weiss, Editor, Real Estate Development: principle and process, The Urban Land Institute, Washington D.C (2001).
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[8]    M. Su. Won., K. Chang. Beom., Journal of Industrial Economics and Business. A Relative Importance Evaluation of the Industrial Sector According to the FTA Using AHP and Fuzzy AHP. Korean Industrial Economic Association. (2012), Vol.5 No.2, pp.1827-1842.
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CITATION

  • APA:
    Kim,J.& Shim,H.(2019). A Study on the Methodological application of Feasibility evaluation of Mixed-use development project to the Fourth Industrial revolution. World Journal of Accounting, Finance and Engineering, 3(1), 27-34. 10.21742/WJAFE.2019.3.1.05
  • Harvard:
    Kim,J., Shim,H.(2019). "A Study on the Methodological application of Feasibility evaluation of Mixed-use development project to the Fourth Industrial revolution". World Journal of Accounting, Finance and Engineering, 3(1), pp.27-34. doi:10.21742/WJAFE.2019.3.1.05
  • IEEE:
    [1] J.Kim, H.Shim, "A Study on the Methodological application of Feasibility evaluation of Mixed-use development project to the Fourth Industrial revolution". World Journal of Accounting, Finance and Engineering, vol.3, no.1, pp.27-34, May. 2019
  • MLA:
    Kim Jaehwan and Shim Heecheol . "A Study on the Methodological application of Feasibility evaluation of Mixed-use development project to the Fourth Industrial revolution". World Journal of Accounting, Finance and Engineering, vol.3, no.1, May. 2019, pp.27-34, doi:10.21742/WJAFE.2019.3.1.05

ISSUE INFO

  • Volume 3, No. 1, 2019
  • ISSN(p):2208-8512
  • ISSN(e):2208-8520
  • Published:May. 2019