Calculate the Appropriate Sale Price with Just a Few Clicks

Daewoo E&C Develops Integrated Real Estate Information System

Daewoo Engineering & Construction (CEO Kim Hyung) has partnered with Real Estate 114 to develop the 'Real Estate Integrated Information System (DW-RIS, Daewoo-Real estate Information System),' which enables comprehensive analysis of the real estate market. The system will be applied in the field starting from the New Year of the Year of the Ox.

With just a few clicks, it has become possible to calculate the appropriate sale price for a specific area and select promising regions at the eup-myeon-dong level.

On the 21st, Daewoo E&C announced, "We have developed the 'Real Estate Integrated Information System (DW-RIS, Daewoo-Real estate Information System)' that can comprehensively analyze the real estate market, and decided to apply it to the field starting from the New Year of the Year of the Ox."

The Real Estate Integrated Information System (DW-RIS), jointly developed by Daewoo E&C and Real Estate 114, is a system that implements various real estate-related big data into a single solution, allowing users to quickly check diverse information with simple operations.

Along with basic residential information such as move-in timing, market prices, and sale prices, various information including subscription information, population data, economic status, and real estate policy information can be intuitively viewed on a map through GIS (Geographic Information System) functionality.

The most notable feature is the industry's first introduction of regional grading and sale price calculation functions, which have advanced market analysis. The regional grading evaluation can select promising areas at the eup-myeon-dong level by building an evaluation model, and the sale price calculation function allows the appropriate sale price of a specific project site to be calculated with just a few clicks.

Since it is possible to check the appropriate sale prices of dozens of project sites in a short time, it is expected to serve as useful decision-making data for collaboration with key partners in the housing business such as developers and financial companies.

In addition, the system maximizes user convenience by incorporating various real estate-related information into one system, including leading apartment information, school district information, development plan information, and integrated market price information.

Daewoo E&C stated, "This Real Estate Integrated Information System is the first goal of a long-term development project, and we plan to sequentially develop systems such as a profitability real estate market system and order information system," signaling the advancement of real estate analysis systems.