Professor An Se-ryung of Pukyong National University Awarded Best Paper Award by the Korean Housing Association

Professor An Se-ryung, Pukyong National University.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Professor An Se-ryung of Pukyong National University received the 2022 Best Paper Award from the Korean Housing Association.

Professor An Se-ryung recently presented a paper titled "Valuation of the Right to Request Renewal of Jeonse and Monthly Rent Contracts - Using an Option Valuation Model" at the 2022 second half academic conference of the Korean Housing Association held at Chung-Ang University, earning the Best Paper Award.

This paper, published in volume 30, issue 2 of the academic journal Housing Research issued by the Korean Housing Association, proposes a fundamental theoretical model to evaluate the appropriate value of the right to request renewal of Jeonse and monthly rent contracts, which has recently attracted attention in the real estate and real estate finance markets.

In a situation where no basic model had been presented until now, this paper was recognized for providing significant insight into Korea's housing lease market.

Founded in 1991, the Korean Housing Association is recognized as the top housing-related academic society in Korea and publishes the Housing Research journal, indexed by the Korea Research Foundation, four times a year.

This content was produced with the assistance of AI translation services.