• Land and Housing Review
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• v.14 no.4
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• pp.47-62
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• 2023

Using the dynamic panel model, this study investigates rent determinants for small and medium-sized office buildings in Korea's CBD and Gangnam areas, key business districts. The results reveal that rents for small and medium-sized office buildings in CBD and Gangnam areas are influenced by macroeconomic fluctuations and characteristics of buildings and locations, suggesting a market with both spatial consumer and investment goods attributes. There are several investment implications as follows. First, even if the location in the CBD area is advantageous, the practical limitations in renovating aging small and medium-sized office buildings must be taken into account when investing. Second, parking conditions are a key factor influencing rent prices in CBD areas, so evaluating the parking facilities and improvement potential of small and medium-sized office buildings is essential for investors. Finally, due to the high sensitivity of Gangnam's small and medium-sized office market to macroeconomic trends, it's vital to prioritize monetary policy shifts as a key factor in investment decisions.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.9
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• pp.680-687
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• 2016

Small and middle sized architectural design firms still have trouble using BIM (Building Information Modeling) for their tasks, which means that it is necessary to develop BIM Libraries and Technical contents. These BIM libraries should be based on common technical standards that reflect the technical contents to provide optimum BIM design support. This is essential to reduce the technological burden on the design office, because BIM does not just involve the 3D modeling of the design, but provides very important information for calculating the quantity of materials required for the construction and providing materials for the design work. Therefore, this research was aimed at improving the efficiency of the BIM design process by developing a system module based on the BIM technical contents data for the purpose of linking the BIM data and technical contents. The developed system module will be expanded to other uses of BIM in the long term.