Parameters Affecting the Land Value in The Perspective of Experts and Institutions Related to Land Valuation

Pahang Putra, I Nyoman Dita (2014) Parameters Affecting the Land Value in The Perspective of Experts and Institutions Related to Land Valuation. International Journal of Academic Research, 6 (6).

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There are varieties of criteria and parameter that affect the land value. Therefore, the research focusing on determination of parameters that affect the land value is needed, in which it will give positive contribution for academic and practical. This study begins by identifying the parameters that is based on previous researches. Furthermore parameters are analyzed to result the nominal of the mean and standard deviation based on the questionnaire result from the perspective of experts and institutions related to land valuation. This research results the parameters affecting the land value that are categorized into 4 quadrants in Cartesius diagram. Parameters that most influence the land value in quadrant I, consist of: scarcity, geography, distance from CBD, time to CBD, class road, form of land, land condition, topography, comparison with the surrounding pro perty, shopping complex, network, environmental cleanliness, land use, legal status, regulation, rate of return, lease price. The parameters that most influence can be determined by using the method of interviews with experts to establish the parameters that most influence in each quadrant or Pearson correlation and Cronbach’s alpha reliability analysis or confirmatory factor analysis that use maximum likelihood estimation method. Key word: Land value, parameter, mean, standard deviation

Item Type: Article
Subjects: T Technology > TA Engineering (General). Civil engineering (General)
Divisions: Faculty of Engineering > Departement of Civil Engineering
Depositing User: Fatchullah Fatchullah
Date Deposited: 13 Oct 2020 12:31
Last Modified: 13 Oct 2020 12:31

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