Korea Multi-Purpose Satellite-5 (KOMPSAT-5) is the first satellite in Korea that provides 1 m resolution synthetic aperture radar (SAR) images. Precise orbit determination (POD) using a dual-frequency IGOR receiver data is performed to conduct high-resolution SAR images. We suggest orbit determination strategies based on a differential GPS technique. Double-differenced phase observations are sampled every 30 seconds. A dynamic model approach using an estimation of general empirical acceleration every 6 minutes through a batch least-squares estimator is applied. The orbit accuracy is validated using real data from GRACE and KOMPSAT-2 as well as simulated KOMPSAT-5 data. The POD results using GRACE satellite are adjusted through satellite laser ranging data and compared with publicly available reference orbit data. Operational orbit determination satisfies 5 m root sum square (RSS) in one sigma, and POD meets the orbit accuracy requirements of less than 20 cm and 0.003 cm/s RSS in position and velocity, respectively.