@article{ART002363119},
author={So, Soung-Kue and Joo Hyun Cho},
title={The Effect of Eco-friendly Characteristics on the Price of Office Buildings},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2018},
volume={28},
number={2},
pages={49-64},
doi={10.35136/krer.28.2.4}
TY - JOUR
AU - So, Soung-Kue
AU - Joo Hyun Cho
TI - The Effect of Eco-friendly Characteristics on the Price of Office Buildings
JO - Korea Real Estate Review
PY - 2018
VL - 28
IS - 2
PB - korea real estate research institute
SP - 49
EP - 64
SN - 2092-5395
AB - The purpose of this study is to analyze the effect of eco-friendly building certification grade on the price and cost of office in Seoul office building. For this purpose, multiple regression analysis is used to examine the prices of buildings. In order to identify the effect of environmental cost reduction of buildings with high eco-friendly certification, we also performed LCC (Life Cycle Cost) + LCA (Life Cycle Assessment) analysis.
Results of our analysis show that office buildings with a higher level of eco-friendly certification are priced significantly higher. Through LCC analysis, it was also found that buildings with high levels of eco-friendly certification cost less than those with lower-level certification. Furthermore, it was confirmed that office buildings with higher-level environmental certification have total lower environmental load costs (TCA = LCC+LCA) than buildings without certification. According to the TCA analysis, buildings with a high level eco-certification generated lower social costs than buildings with lower-level or no certification.
KW - Green Building Certification;G-SEED;LCC analysis;LCA analysis;TCA analysis
DO - 10.35136/krer.28.2.4
ER -
So, Soung-Kue and Joo Hyun Cho. (2018). The Effect of Eco-friendly Characteristics on the Price of Office Buildings. Korea Real Estate Review, 28(2), 49-64.
So, Soung-Kue and Joo Hyun Cho. 2018, "The Effect of Eco-friendly Characteristics on the Price of Office Buildings", Korea Real Estate Review, vol.28, no.2 pp.49-64. Available from: doi:10.35136/krer.28.2.4
So, Soung-Kue, Joo Hyun Cho "The Effect of Eco-friendly Characteristics on the Price of Office Buildings" Korea Real Estate Review 28.2 pp.49-64 (2018) : 49.
So, Soung-Kue, Joo Hyun Cho. The Effect of Eco-friendly Characteristics on the Price of Office Buildings. 2018; 28(2), 49-64. Available from: doi:10.35136/krer.28.2.4
So, Soung-Kue and Joo Hyun Cho. "The Effect of Eco-friendly Characteristics on the Price of Office Buildings" Korea Real Estate Review 28, no.2 (2018) : 49-64.doi: 10.35136/krer.28.2.4
So, Soung-Kue; Joo Hyun Cho. The Effect of Eco-friendly Characteristics on the Price of Office Buildings. Korea Real Estate Review, 28(2), 49-64. doi: 10.35136/krer.28.2.4
So, Soung-Kue; Joo Hyun Cho. The Effect of Eco-friendly Characteristics on the Price of Office Buildings. Korea Real Estate Review. 2018; 28(2) 49-64. doi: 10.35136/krer.28.2.4
So, Soung-Kue, Joo Hyun Cho. The Effect of Eco-friendly Characteristics on the Price of Office Buildings. 2018; 28(2), 49-64. Available from: doi:10.35136/krer.28.2.4
So, Soung-Kue and Joo Hyun Cho. "The Effect of Eco-friendly Characteristics on the Price of Office Buildings" Korea Real Estate Review 28, no.2 (2018) : 49-64.doi: 10.35136/krer.28.2.4
