| Title |
An Economic Analysis by Applying Extended Crime Prevention Standards for Buildings |
| Authors |
Hyeon, Tae-Hwan ; Cho, Young-Jin |
| DOI |
https://doi.org/10.5659/JAIK_PD.2019.35.11.53 |
| Keywords |
Crime Prevention Building Standard; CPTED; Social Cost; Cost & Benefit Analysis |
| Abstract |
Multi-unit house, multi-household house, row house and apartments with less than 500 households were included in the list of anti-crime for
buildings following the revision of the 「notice of crime prevention building standards」 on July 31, 2019. Strengthening the performance of
crime prevention buildings is inevitable to increase the cost of building construction, including installation of preventive facilities and use of
facilities that have secured performance. Thus an economic analysis on the costs and expected benefits of implementing the standards is
required for social consensus. Economic analysis is divided into cost analysis and benefit analysis. This study aims to perform an economic
analysis on the installation of crime prevention facilities in the buildings subject to expanded crime prevention obligations. Cost analysis is
calculated as the sum of the cost of installation and the price of the crime prevention facilities installed for each target residential building.
Benefit analysis is calculated as the social cost of targeted crimes that are expected to decrease due to the installation of crime prevention
facilities. Economic analysis shows that the total cost of installing crime prevention facilities in residential buildings is estimated at 107.31
billion won per year, while the total benefit from enhanced crime prevention performance is estimated at 9.38 billion won per year.
Considering inflation, benefits are expected to outpace costs in the 28th year since the system was implemented. |