real+estate
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KAIST Civil Engineering Students named Runner-up at the 2023 ULI Hines Student Competition - Asia Pacific
A team of five students from the Korea Advanced Institute of Science and Technology (KAIST) were awarded second place in a premier urban design student competition hosted by the Urban Land Institute and Hines, 2023 ULI Hines Student Competition - Asia Pacific.
The competition, which was held for the first time in the Asia-Pacific region, is an internationally recognized event which typically attract hundreds of applicants.
Jonah Remigio, Sojung Noh, Estefania Rodriguez, Jihyun Kang, and Ayantu Teshome, who joined forces under the name of “Team Hashtag Development”, were supported by faculty advisors Dr. Albert Han and Dr. Youngchul Kim of the Department of Civil and Environmental Engineering to imagine a more sustainable and enriched way of living in the Jurong district of Singapore.
Their submission, titled “Proposal: The Nest”, analyzed the big data within Singapore, using the data to determine which real estate business strategies would best enhance the quality of living and economy of the region.
Their final design, "The Nest" utilized mixed-use zoning to integrate the site’s scenic waterfront with homes, medical innovation, and sustainable technology, altogether creating a place to innovate, inhabit, and immerse.
< The Nest by Team Hashtag Development (Jonah Remigio, Ayantu Teshome Mossisa, Estefania Ayelen Rodriguez del Puerto, Sojung Noh, Jihyun Kang) ©2023 Urban Land Institute >
Ultimately, the team was recognized for their hard work and determination, imprinting South Korea’s indelible footprint in the arena of international scholastic achievement as they were named to be one of the Finalists on April 13th.
< Members of Team Hashtag Development >
Team Hashtag Development gave a virtual presentation to a jury of six ULI members on April 20th along with the "Team The REAL" from the University of Economics Ho Chi Minh City of Vietnam and "Team Omusubi" from the Waseda University of Japan, the team that submitted the proposal "Jurong Urban Health Campus" which was announced to be the winner on the 31st of May, after the virtual briefing by the top three finalists.
2023.06.26 View 4818 -
Late Dr. Ryu Geun Chul's Achievements and Generous Contributions
First Doctor in the field of Korean Traditional Medicine
The late Dr. Ryu was born in 1926 and is the father figure of Korea’s Traditional Medicine and is its First Doctor (1976 Kyung Hee University), and was the vice-professor of Kyung Hee University of Medicine, Vice-Director of Kyung Hee Institute of Korean Traditional Medicine, and was the first chairman of the Association of Korea Oriental Medicine. He developed the painless acupuncture administering device for the first time in Korea in 1962, and succeeded in anesthetizing a patient for cesarean procedure using acupuncture in 1972.
He even was the first to receive a medical engineering doctorate degree from the Moscow National Engineering School in April of 1996 and developed a stroke rehabilitation machine.
Korea’s Most Generous Donor
Dr. Ryu surprised the world by donating 57.8billion Won worth of real estate to KAIST in August of 2008. Dr. Ryu revealed that his reason for donating such a huge sum to KAIST was due to its focused students giving him the belief that the future of Korea is at KAIST and that the development of science and technology is necessary for Korea to develop into a world class nation and KAIST is the institute most suitable to lead Korea in the field.
Dr. Ryu lived on KAIST campus after donating his entire fortune and even established ‘KAIST scholars and spacemen health research center’ and ‘Dr. Ryu Health Clinic’ as he also wanted to donate his knowledge.
Even when he was a professor at Moscow National Engineering University in the late 1990s he carried out free medical work throughout Korea and in recognition of his devoted work, he was named honorary citizen from Chun Ahn city, San Chung city, and DaeJeon city. In 2007 he donated 450million Won to Cheon Dong Elementary School in Chun Ahn city to build a gymnasium and an indoor golf practice range.
Role as Science and Technology Public Relations Officer
Dr. Ryu volunteered to numerous lectures and interviews after donation to advertise science and technology. His belief that the development of science and technology is necessary for Korea’s development was the driving force behind his efforts at increasing interest and support for the field of science and technology.
In addition, through interviews with MBC, KBS, SBS, KTV, Joong Ang Newspapers, Dong Ah Newspaper and other media mediums, Dr. Ryu improved the public perception on donations whilst increasing the pride of scientists and researchers by highlighting their importance and the importance of science and technology.
In recognition of Dr. Ryu’s efforts, he received the 43rd Science Day Science and Technology Creation Award, 2010 MBC Social Service Special Award, and 2010 ‘Proud Chung Cheong Citizen’ Award.
2011.03.22 View 15213 -
A senior couple donated their fortune to KAIST, hoping their contribution to be used for the development of science and technology in Korea.
A couple living in Kyunggi Province, Chun-Sik Cho (86) and Chang-Gi Yoon (82), donated to KAIST a 10 billion won worth of real estate. The couple thought about giving away their fortune since retirement and finally made up their mind after becoming to know about their neighbor’s good deeds.
The neighbor, Byung-Ho Kim, gave KAIST a 30 billion won worth of real estate last year. Influenced by Mr. Kim’s donation and their long-cherished wish to help others in need, the couple decided to transfer the ownership of their land to KAIST. They hoped that their contribution to be used for the development of science and technology in Korea.
The couple, who survived through the Korean civil war in the early 1950s, recalled their old days,
“We made through a harsh and difficult life right after the war. Everyone was poor and had nothing to wear or eat. We literally had to eat all sorts of grasses that were green on the ground. All of us had to work really hard to get out of despair resulted from the colonization of our nation by Japan and the subsequent civil war.”
Mr. Cho added, “The development of science and technology in our nation really propelled the overall advancement of our society and helped to make today’s success that is enjoyed by the current generation of our nation. It is our greatest hope that our contribution will add a small help in our nation’s efforts to further advance the development of science and technology. I would like KAIST to do just that with our donation.”
KAIST announced a plan to use their contribution for the establishment of a new graduate school specialized in green transportation and the development of related technology, called Green Transportation Graduate School. The university will name the new graduate school after the couple’s name in recognition of their goodwill.
The Green Transportation Graduate School will host academic programs and conduct researches related to the future transportation that is based on a renewable energy source and provides answers to the current energy problems faced by mankind. Multidisciplinary and convergent studies will be implemented through collaborations between academia, governments, and industries.
In the past four years, KAIST has witnessed a dramatic increase in the number and amount of donations received from all corners of Korean society and from around the world since President Nam Pyo Suh took the university’s top administrative office in 2006—1,004 in 2006; 2,158 in 2007; 3,091 in 2008; and 3,324 in 2009.
Major contributions since 2006
30 billion Won by Moon-Sul Chung in July 2001
10 million USD by Byiung-Joon Park in September 2007
2.5 million USD by Neil Pappalardo in November 2007
57.8 billion Won by Geun-Chul Ryu in August 2008
30 billion Won by Byung-Ho Kim in August 2009
2010.07.07 View 11012