Abstract: “This study aims to determine the factors to assess the habitability of the modernized Korean traditional housing complex called New-Hanok Village and examine evaluation methods for its components in aspects of the urban planning. To determine the specificity of New-Hanok Village, it is necessary to assess major factors towards the habitability such as Feng-Shui and Yin-Yang. Five design elements of contemporary Hanok residential complex and their characteristics have been investigated to respond to needs of modern people with defining assessment factors derived from the VE (Value Engineering) operation by the evaluation system for the habitability. Through this process, the value of the New- Hanok Village could be settled and its data could be classified. In addition, it would be possible that designers can make decisions quickly by offering necessary plans and element details, while builders would be able to reduce cost and shorten construction period by the whole VE process.”

Keywords: Value Engineering, New-Hanok Village, Housing Planning Index, Intelligent Evaluation System, Habitability