Korea Real Estate Agency signs business agreement with Doctor Build

On April 4, Korea Real Estate Board and Doctor Build Co., Ltd. signed a business agreement (MOU) for the digital transformation of maintenance business at the Korea Real Estate Board Seoul Regional Headquarters located in Yeoksam-dong, Gangnam-gu, Seoul. This agreement aims to strengthen the efficiency and transparency of maintenance business and to establish a future-oriented maintenance business model based on public-private cooperation. At the core of the cooperation is the AI-based maintenance business platform 'Doctor Build AiCON' developed by Doctor Build.

AiCON is a platform that automatically analyzes the business requirements of promising areas for maintenance projects and examines the scale of construction by considering architectural plan simulation and key business elements. Through this, local governments and associations can compare and review various development scenarios without the intervention of experts, and can greatly improve efficiency and transparency in the planning stage.

The two organizations plan to establish a practical and continuous cooperation system through joint use of AI-based maintenance project requirements analysis and simulation systems, mutual sharing of maintenance project-related information and statistical data, holding joint academic and policy seminars and deriving policy recommendations, and operating a working-level consultative body.

Kim Neung-jin, Director of Urban Development at the Korea Real Estate Board, said, “This agreement is a public-private cooperation model for the digital transformation of urban development projects, and it will be an opportunity to increase the predictability, efficiency, and transparency of urban development projects through information sharing and technology exchange.” Moon Geun-sik, Director of the Korea Real Estate Board, said, “Urban development projects are a core field linked to the entire urban structure, and we will secure both publicness and effectiveness through a smart urban development project system that combines public administration and digital technology.”

Dr. Build CEO Min Kyung-ho said, “In the early stages of the maintenance project, there was a lot of confusion due to information asymmetry,” and introduced Dr. Build AiCON as a platform that enables accurate and rational decision-making based on objective data. He also added, “We will expand the scope of cooperation with the public so that technology can lead to social value.”


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