@article{ART001836437},
author={Jaehwan Kim and 정희남},
title={Measuring the Importance of Evaluation Factors and Its Application for Real Estate Development Project Assessment System},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2013},
volume={79},
pages={111-131},
doi={10.15793/kspr.2013.79..008}
TY - JOUR
AU - Jaehwan Kim
AU - 정희남
TI - Measuring the Importance of Evaluation Factors and Its Application for Real Estate Development Project Assessment System
JO - The Korea Spatial Planning Review
PY - 2013
VL - 79
IS - null
PB - 국토연구원
SP - 111
EP - 131
SN - 1229-8638
AB - This study aims to propose an introduction of an assessment system and suggests assessment index for real estate development project financing, as an alternative to resolve the recently raised structural issues on project financing. The assessment system consists of four areas, that is, project feasibility, developer’s performance capability, basic assessment for the project site, and basic assessment for investor protection plans. The system contains 35 detailed assessment criteria applying for 12 assessment categories. The importance of each assessment area and criteria was drawn through questionnaire survey and AHP analysis. The study provides a set of criteria how to score the assessment fields and assessment items, and suggests how to use the results as decision-making standards in providing PF loan and investing to the development project. The assessment system proposed by the study will contribute in articulating development financing system, in which bank’s loan and financial investors’ investment would be carried out based on the feasibility of a development project instead of being provided based on the construction company’s repayment guarantee.
KW - Real Estate Development Project;Project Financing;Project Feasibility;Developer’s Capability;Assessment Structure
DO - 10.15793/kspr.2013.79..008
ER -
Jaehwan Kim and 정희남. (2013). Measuring the Importance of Evaluation Factors and Its Application for Real Estate Development Project Assessment System. The Korea Spatial Planning Review, 79, 111-131.
Jaehwan Kim and 정희남. 2013, "Measuring the Importance of Evaluation Factors and Its Application for Real Estate Development Project Assessment System", The Korea Spatial Planning Review, vol.79, pp.111-131. Available from: doi:10.15793/kspr.2013.79..008
Jaehwan Kim, 정희남 "Measuring the Importance of Evaluation Factors and Its Application for Real Estate Development Project Assessment System" The Korea Spatial Planning Review 79 pp.111-131 (2013) : 111.
Jaehwan Kim, 정희남. Measuring the Importance of Evaluation Factors and Its Application for Real Estate Development Project Assessment System. 2013; 79 111-131. Available from: doi:10.15793/kspr.2013.79..008
Jaehwan Kim and 정희남. "Measuring the Importance of Evaluation Factors and Its Application for Real Estate Development Project Assessment System" The Korea Spatial Planning Review 79(2013) : 111-131.doi: 10.15793/kspr.2013.79..008
Jaehwan Kim; 정희남. Measuring the Importance of Evaluation Factors and Its Application for Real Estate Development Project Assessment System. The Korea Spatial Planning Review, 79, 111-131. doi: 10.15793/kspr.2013.79..008
Jaehwan Kim; 정희남. Measuring the Importance of Evaluation Factors and Its Application for Real Estate Development Project Assessment System. The Korea Spatial Planning Review. 2013; 79 111-131. doi: 10.15793/kspr.2013.79..008
Jaehwan Kim, 정희남. Measuring the Importance of Evaluation Factors and Its Application for Real Estate Development Project Assessment System. 2013; 79 111-131. Available from: doi:10.15793/kspr.2013.79..008
Jaehwan Kim and 정희남. "Measuring the Importance of Evaluation Factors and Its Application for Real Estate Development Project Assessment System" The Korea Spatial Planning Review 79(2013) : 111-131.doi: 10.15793/kspr.2013.79..008