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@article{ART001455285},
author={고민구 and Soon-Tak Suh},
title={Transfer of Development Rights(TDR) for Urban Landscape Preservation},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2010},
volume={20},
number={1},
pages={307-327}

TY - JOUR
AU - 고민구
AU - Soon-Tak Suh
TI - Transfer of Development Rights(TDR) for Urban Landscape Preservation
JO - Korea Real Estate Review
PY - 2010
VL - 20
IS - 1
PB - korea real estate research institute
SP - 307
EP - 327
SN - 2092-5395
AB - Recently, awareness of environment has been increased and consciousness of landscape preservation have also been improved in recent year. In Korea, land-use has been restricted in landscape zone, aesthetic zone and height district for landscape preservation. However landowners in preservation area located around CBD area expect high compensation money due to high land value of peripheral areas. So landowners continuously come into conflict with local government. Therefore the necessity of fundamental alternative that solves this problem has been increased. Transfer of development rights(TDR) are a market-based mechanism by their focus on concept of separating development right from land ownership and could compensate for lost property value due to zoning by the development windfalls in urban redevelopment. This study aimed at testing TDR within Korean contexts with special reference to regulation district for landscape preservation and suggesting policy implications for introduction and operation. The result of study showed that using possibility of TDR for landscape preservation is sufficient and urban redevelopment site could be much better than housing redevelopment site for receiving area. This study suggests that TDR is a second-best mechanism for adjusting windfalls and loss, reasonable alternative for landscape preservation and balanced between development and preservation. In addition, this is the key to making a successful case which would be valuable lesson for consensus-building process of policy participations.
KW - Transfer of Development Rights;Landscape Preservation;Urban Landscape;Compensation;Redemption of windfall;Urban Redevelopment
DO -
UR -
ER -

고민구 and Soon-Tak Suh. (2010). Transfer of Development Rights(TDR) for Urban Landscape Preservation. Korea Real Estate Review, 20(1), 307-327.

고민구 and Soon-Tak Suh. 2010, "Transfer of Development Rights(TDR) for Urban Landscape Preservation", Korea Real Estate Review, vol.20, no.1 pp.307-327.

고민구, Soon-Tak Suh "Transfer of Development Rights(TDR) for Urban Landscape Preservation" Korea Real Estate Review 20.1 pp.307-327 (2010) : 307.

고민구, Soon-Tak Suh. Transfer of Development Rights(TDR) for Urban Landscape Preservation. 2010; 20(1), 307-327.

고민구 and Soon-Tak Suh. "Transfer of Development Rights(TDR) for Urban Landscape Preservation" Korea Real Estate Review 20, no.1 (2010) : 307-327.

고민구; Soon-Tak Suh. Transfer of Development Rights(TDR) for Urban Landscape Preservation. Korea Real Estate Review, 20(1), 307-327.

고민구; Soon-Tak Suh. Transfer of Development Rights(TDR) for Urban Landscape Preservation. Korea Real Estate Review. 2010; 20(1) 307-327.

고민구, Soon-Tak Suh. Transfer of Development Rights(TDR) for Urban Landscape Preservation. 2010; 20(1), 307-327.

고민구 and Soon-Tak Suh. "Transfer of Development Rights(TDR) for Urban Landscape Preservation" Korea Real Estate Review 20, no.1 (2010) : 307-327.