@article{ART003187136},
author={Lim, Haeyeon},
title={A Case Study on PropTech Utilization in Small-scale Housing Improvement Projects : Focusing on Block-unit Renewal Projects},
journal={Korea Real Estate Review},
issn={2092-5395},
year={2025},
volume={35},
number={1},
pages={59-74}
TY - JOUR
AU - Lim, Haeyeon
TI - A Case Study on PropTech Utilization in Small-scale Housing Improvement Projects : Focusing on Block-unit Renewal Projects
JO - Korea Real Estate Review
PY - 2025
VL - 35
IS - 1
PB - korea real estate research institute
SP - 59
EP - 74
SN - 2092-5395
AB - This study empirically examines Proptech application in small-scale housing improvement projects by analyzing LBDeveloper, a service utilized by the LH Corporation and SH Corporation for the preliminary feasibility analysis of housing renewal projects. The study investigates the implementation and utilization of PropTech in block-unit housing renewal projects and applies PropTech services to estimate the asset value of former and postdevelopment properties and the total project costs. Then, results were compared with traditional feasibility assessment methods to evaluate the effectiveness and limitations of PropTech services. Findings indicated that leveraging PropTech technologies, such as AI -driven architectural design and big data analytics, can enhance efficiency in project feasibility assessments. This result can be achieved by reducing the time and costs associated with determining project eligibility, generating design proposals, and analyzing business viability. Furthermore, the rapid provision of data-driven insights facilitates informed decision-making in the early stages of the redevelopment process. Although PropTech can improve the efficiency of feasibility assessments in small-scale housing improvement projects, it cannot entirely replace the role of experts. The reason is that final project evaluations and decision-making processes require expert review. Future research should focus on comparative analyses of various PropTech services and explore their applicability beyond housing renewal projects to the broader real estate sector.
KW - PropTech;Artificial Intelligence;Big Data;Small-scale Housing Improvement Projects;Block-unit Housing Renewal Projects
DO -
UR -
ER -
Lim, Haeyeon. (2025). A Case Study on PropTech Utilization in Small-scale Housing Improvement Projects : Focusing on Block-unit Renewal Projects. Korea Real Estate Review, 35(1), 59-74.
Lim, Haeyeon. 2025, "A Case Study on PropTech Utilization in Small-scale Housing Improvement Projects : Focusing on Block-unit Renewal Projects", Korea Real Estate Review, vol.35, no.1 pp.59-74.
Lim, Haeyeon "A Case Study on PropTech Utilization in Small-scale Housing Improvement Projects : Focusing on Block-unit Renewal Projects" Korea Real Estate Review 35.1 pp.59-74 (2025) : 59.
Lim, Haeyeon. A Case Study on PropTech Utilization in Small-scale Housing Improvement Projects : Focusing on Block-unit Renewal Projects. 2025; 35(1), 59-74.
Lim, Haeyeon. "A Case Study on PropTech Utilization in Small-scale Housing Improvement Projects : Focusing on Block-unit Renewal Projects" Korea Real Estate Review 35, no.1 (2025) : 59-74.
Lim, Haeyeon. A Case Study on PropTech Utilization in Small-scale Housing Improvement Projects : Focusing on Block-unit Renewal Projects. Korea Real Estate Review, 35(1), 59-74.
Lim, Haeyeon. A Case Study on PropTech Utilization in Small-scale Housing Improvement Projects : Focusing on Block-unit Renewal Projects. Korea Real Estate Review. 2025; 35(1) 59-74.
Lim, Haeyeon. A Case Study on PropTech Utilization in Small-scale Housing Improvement Projects : Focusing on Block-unit Renewal Projects. 2025; 35(1), 59-74.
Lim, Haeyeon. "A Case Study on PropTech Utilization in Small-scale Housing Improvement Projects : Focusing on Block-unit Renewal Projects" Korea Real Estate Review 35, no.1 (2025) : 59-74.
