People looking at a miniature of Hyundai Engineering & Construction Co.’s The H apartment buildings at a show house in Seoul. (image: Hyundai Engineering & Construction)
SEOUL, April 6 (Korea Bizwire) — A substantial number of property buyers would be willing to sign contracts without visiting the property if real estate information is realized in three-dimensions (3D) or virtual reality (VR), a survey showed Monday.
Zigbang Co., South Korea’s top real estate info application, conducted a survey of 1,152 people who accessed its app.
In response to a question asking if they were willing to sign a contract without visiting the property if real estate information was presented in 3D or VR format, 76 percent (876 respondents) responded affirmatively.
Another 89.9 percent of the respondents (1,034 individuals) said they would be willing to use such a service.
As for the reason why they were willing to use such a service, 42.8 percent said that it would enable them to check without having to visit in person, followed by 20.9 percent who said it was because they could check views and sunshine hours, and 18.5 percent who said it was because they could check the building before completion.
“Respondents showed high intention to use 3D or VR information as a means to check offline sites and properties. Such information enables them to check conveniently without limits in time and location,” Zigbang said.
It added that among those who said they have no intention to use such service, the primary concern was the possibility of difference between actual sites and virtual ones realized in 3D or VR format.
J. S. Shin (js_shin@koreabizwire.com)
