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Journal : Tekstur (Jurnal Arsitektur)

Site Plan Analysis Based on Measured and Unmeasured Criteria for Housing Development According to Investor Assessment Aryani, Ni Putu; Wahyuadi, Hendra; Kusumowidagdo, Astrid; Fayola, Karen; Widodo, Stephanie Kaori
Tekstur (Jurnal Arsitektur) Vol 4, No 2 (2023): Tekstur
Publisher : Institut Teknologi Adhi Tama Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31284/j.tekstur.2023.v4i2.5144

Abstract

The high rate of urbanization has encouraged housing development to meet housing needs, especially in border areas. This research was conducted to obtain investment feasibility data by professionals/investors. Three Site Plan designs that have different lot sizes and house types were analysed simultaneously. Quantitative and qualitative methods were used to analyse the measurable criteria and unmeasured criteria. The results of both were assessed by investors using rational-intuitive decision models. This study finds, the analysis of measurable criteria produces Site Plan A having 60 lots with the lowest production costs and selling prices. Meanwhile, Site Plan B and Site Plan C planned 37 and 35 lots with higher production costs and selling prices. Therefore, the financial feasibility simulation generated a significant difference. The results of the analysis of unmeasured criteria indicated that the different category values of each Site Plan dominated each other. The rational-intuitive model divided the percentage based on profit, which was 75% measurable and 25% unmeasurable. The calculation results stated that Site Plan A was more feasible to implement financially and fulfilled the planning as part of an urban area. In conclusion, the results of measured and unmeasured analyses had significant differences. However, by evaluating rational-intuitive decision models performed by professionals, decisions that meet both types of analysis could be produced. Therefore, the calculation of financial feasibility is not the only tool to determine the feasibility of a project. The ability of an investor is also a determining factor in deciding the feasibility of an investment.
Co-Authors Acep Iwan Saidi Agus Sachari Agus Sachari Alvina Leonardo Amanda Christabel Andarina, Deansha Ghaisani Andi, Pricilia Yunita Ariani Wijaya Aubrey Michelle Caroline, Senny Celine Anastasia Christian Werner Mailoa Cicilia Larasati Rembulan Cindy Oktavia Cynthia Valencia Dela Alinda Dewi Lanny Manua Dewi Puspitasari Djajadi, Nadine Dyah Kusuma Wardhani Dyah Kusuma Wardhani Dyah Kusumawardhani, Dyah El Dora Widjaja Ervina Hodinata Fayola, Karen Febriani, Ayu Valentina Felicia Yuanita Santoso Gabriella Yoan Sucipto Harsono, Yovita Aryani Hendryan Saputro Sie Indrawan, Stephanus Evert Irwanto, Billy Jovian Janet Rine Teowarang Jennifer Natalie Jessica Lorenzo Sebastian Jessica Yuwana Jessica, Bella Eunike Jesslyn Jane Junaidi Wirawan Lauren, Stefani Laurensia Kartika Liem, Claudia Melani Limantara, Alfin Wibowo Lusi Zafriana Mahendra, Rico Maya Sylvia Rajasa Melania Rahadiyanti Memed Sena Setiawan Michelle, Aubrey Minerva, Isaura Mohammad Ivansyah Ismail Kelvin Dumais Morina Morina Ni Putu Aryani Nindita, Moktikanana Widya Pauline Agatha Jessica Tirtowahjono Pribadi Widodo Putri Refinda Yuan Ochtisha Rachel Vania Hadi Rahaju Saraswati Rani Prihatmanti Salim, Victor Christian Sanjaya, Sharen Santoso, Julisiana Sebastian, Immanuel Septian Wijaya Soeharso, Denny Soewitno, Vanessa Eileen Stevanus Christian Anggrianto Susan Sutikno, Keisha Amabel Saputra Swari, Ida Ayu Indira Tan Aprillia Susanti Thomas Stefanus Kaihatu Tri Noviyanto Puji Utomo Trianggoro Wiradinata Valentina, Ivana Veronica Nathania Suseno Wahyuadi, Hendra Widodo, Stephanie Kaori Yauwerissa, Elizabeth Christy