ANALISIS HIGHEST AND BEST USE ASET TANAH MILIK PEMERINTAH PROVINSI SULAWESI UTARA (Studi Kasus di Jalan Trans Manado-Bitung Kelurahan Kairagi I Kecamatan Mapanget Kota Manado)
| Main Authors: | , Olivia Supit, , Prof. Dr. Eduardus Tandelilin, M.B.A. |
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| Format: | Thesis NonPeerReviewed |
| Terbitan: |
[Yogyakarta] : Universitas Gadjah Mada
, 2013
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| Subjects: | |
| Online Access: |
https://repository.ugm.ac.id/120320/ http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=60342 |
Daftar Isi:
- The current research studied the highest and best use of the land assets which owned by the Government of North Sulawesi Province, located on street of Trans Manado-Bitung , Kairagi I village, Mapanget sub-district, Manado city. The research was conducted using property productivity analysis that include the physical aspects and the location as well as rule and regulation aspects by employing threshold testing with rating grid to obtain possible alternative uses of property. Subsequently, market analysis was conducted, which include the analysis of market conditions, of economic conditions and market demand and supply for the proposed property. It was followed by a feasibility analysis and finance and investment for any proposed use of the property, and value reconciliation was made to the results of the analysis. Finally, analysis of social and economic impact of the proposed development of the property was conducted. This study analyzed the primary and secondary data. The primary data was obtained directly using questionnaires with purposive sampling method for the proposed asset utilization. In addition, data on income, rents and expenses were obtained through interviews, while the physical data that include the site, topography, soil conditions, utilities and others were obtained through direct observation. The secondary data were obtained from the National Bureau of Statistics of North Sulawesi province, Manado Tax Service Office and several local organizations in North Sulawesi Provincial Government and the Manado Municipality. Productivity analysis resulted in two proposals for viable land use, i.e. for hotels and apartments. Financial and investment feasibility analysis with the Net Present Value (NPV), Internal Rate of Return (IRR), Pay Back Period (PBP), Rate Return on Investment (ROI), Profitability Index and the value reconciliation indicates that the land use for hotels appears to be better than for apartments. Thus, it can be concluded that the proposed use of the land for hotel is the most viable alternative and the most optimal to develop.