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@article{ART001218389},
author={Hur Jae Wan and Park， Heonsoo},
title={A Study on the Determination of Land Development Costs in Korea Focusing on the Impacts of Floor Area Ratio and Proportion of Green Space},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2007},
volume={17},
number={2},
pages={95-106}

TY - JOUR
AU - Hur Jae Wan
AU - Park， Heonsoo
TI - A Study on the Determination of Land Development Costs in Korea Focusing on the Impacts of Floor Area Ratio and Proportion of Green Space
JO - Korea Real Estate Review
PY - 2007
VL - 17
IS - 2
PB - korea real estate research institute
SP - 95
EP - 106
SN - 2092-5395
AB - Based upon the last two decade's residential land development data from the Korea Land Corporation, this study primarily shows that land development costs are affected by several factors, for example construction period, proportion of green space, floor area ratio, construction cost of infrastructures, etc. We used a very simple hedonic price model to estimate the costs of those important factors. The costs also depend on the characters of local market. Based on these findings, we could simulate several policy alternatives to lower the cost of development.
KW - Land Development Cost;Floor Area Ratio;Proportion of Green Space;Hedonic Price Function
DO -
UR -
ER -

Hur Jae Wan and Park， Heonsoo. (2007). A Study on the Determination of Land Development Costs in Korea Focusing on the Impacts of Floor Area Ratio and Proportion of Green Space. Korea Real Estate Review, 17(2), 95-106.

Hur Jae Wan and Park， Heonsoo. 2007, "A Study on the Determination of Land Development Costs in Korea Focusing on the Impacts of Floor Area Ratio and Proportion of Green Space", Korea Real Estate Review, vol.17, no.2 pp.95-106.

Hur Jae Wan, Park， Heonsoo "A Study on the Determination of Land Development Costs in Korea Focusing on the Impacts of Floor Area Ratio and Proportion of Green Space" Korea Real Estate Review 17.2 pp.95-106 (2007) : 95.

Hur Jae Wan, Park， Heonsoo. A Study on the Determination of Land Development Costs in Korea Focusing on the Impacts of Floor Area Ratio and Proportion of Green Space. 2007; 17(2), 95-106.

Hur Jae Wan and Park， Heonsoo. "A Study on the Determination of Land Development Costs in Korea Focusing on the Impacts of Floor Area Ratio and Proportion of Green Space" Korea Real Estate Review 17, no.2 (2007) : 95-106.

Hur Jae Wan; Park， Heonsoo. A Study on the Determination of Land Development Costs in Korea Focusing on the Impacts of Floor Area Ratio and Proportion of Green Space. Korea Real Estate Review, 17(2), 95-106.

Hur Jae Wan; Park， Heonsoo. A Study on the Determination of Land Development Costs in Korea Focusing on the Impacts of Floor Area Ratio and Proportion of Green Space. Korea Real Estate Review. 2007; 17(2) 95-106.

Hur Jae Wan, Park， Heonsoo. A Study on the Determination of Land Development Costs in Korea Focusing on the Impacts of Floor Area Ratio and Proportion of Green Space. 2007; 17(2), 95-106.

Hur Jae Wan and Park， Heonsoo. "A Study on the Determination of Land Development Costs in Korea Focusing on the Impacts of Floor Area Ratio and Proportion of Green Space" Korea Real Estate Review 17, no.2 (2007) : 95-106.