Analysis of The Dynamics of Property Value Fluctuations in The Special Region of Yogyakarta

Saleh, Rahmat and Yuniarti, Dini Analysis of The Dynamics of Property Value Fluctuations in The Special Region of Yogyakarta. [Artikel Dosen]

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Abstract

The purpose of this study is to determine and identify the influence
of physical property characteristics such as land area and building
area; property legal characteristics in the form of property ownership
rights; environmental characteristics in the form of designation
zones on property values in D.I.Yogyakarta and apply the best
equation method model in determining the value of large quantities
of property in addition to the market approach method and cost and
income approach. Access to research observation data in the form of
primary data obtained in several ways, namely telephone interviews,
personal interviews directly with property owners, and secondary
data accessed by desk research of the DJTR spatial plan of the
Ministry of ATR BPN, data access using purposive sampling models
with non-probability sampling techniques, the number of
observations as much as 135 data used. The research method uses
multiple regression analysis ordinary least square method with
Eviews 10 analysis tools, the form of the research regression model
function using the selection of statistical criteria, applying the
positivism paradigm with quantitative data in the form of Analytical
survey, Identification of linear relationship behavior using the Mac
Kinnon Test, and White Davidson MWD, Statistical criteria test in
the form of F test, t-test, Determination Coefficient Test (R2),
Economic criteria test is applied to compare between the estimated
parameter coefficients by economic theory, Classical Assumption
Test using Normality, Linearity, Multicollinearity, and
Heteroscedasticity Test. The results showed that the findings of
property characteristics simultaneously or simultaneously on the
variables of land area, building area, ownership rights, and
designation zone significantly affect property values with a
coefficient of determination level of 68.69%. Partially or
individually, the findings revealed the influence of the
characteristics of land area, building area, ownership rights, and
designation zone positively and significantly on property values.
Selection of the best model of the regression function equation,
applying the log-log regression equation model in determining
property value.

Item Type:	Artikel Dosen
Subjects:	A General Works > AC Collections. Series. Collected works
Depositing User:	M.Ec.Dev. Rahmat Saleh
Date Deposited:	19 Aug 2024 04:43
Last Modified:	19 Aug 2024 04:43
URI:	http://eprints.uad.ac.id/id/eprint/67586

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