The simplification and under sizingof family units added with population growth and collectivization has accelerated the development of the city. In accordance, the concentrations of housing in the city have lead to the replenishment of apartment as a...
The simplification and under sizingof family units added with population growth and collectivization has accelerated the development of the city. In accordance, the concentrations of housing in the city have lead to the replenishment of apartment as a common form of urban residence. According to the specific site of location, housing possesses various qualities including structural character and environmental character.
In Korea, the apartment is a typical and representative residential form which comprises all the necessary and essential qualities of housing. And recently, apartment has also grown into a mean of investment to accumulating wealth. In the past when the supply of residential housing was relatively low, houses were sold as soon as it was finished with its construction.
However with the 1998 IMF, housing transactions were stopped short. And measures of regulating housing distribution price became completely free which contributed to the competitiveness in the residential market. In this competitive and changing market climate, construction companies realized that their company name was no longer a drawing factor to win the interest of the customers.
With the improvement in quality of life and growth of economy, construction companies set out to satisfy the customer's demands with distinguished and improved qualities in their own apartment brands. This competitive rivalry between companies led to the development of individual brand names. The launching of various apartment brand names brought about significant and dramatic changes. The supplier centered distribution shifted to primacy in consumer preferences, and design became an important factor in the interior market. This study focuses on analyzing the influence of interior design in relation to apartment brands, while reestablishing the relationship of consumer preference in regard. Interior design is going through a visible and momentous change as with changes in consumer's brand recognition. With this in mind, the study wishes to derive each company's brand implications and its suggested strategic point.