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All Journal International Journal of Humanities Education and Social Sciences
Moehammad Nawawiy Loebis
Magister Manajemen Properti dan Penilaian, Graduate School Universitas Sumatera Utara, Medan
Humanities Economics, Econometrics & Finance Languange, Linguistic, Communication & Media Social Sciences Other

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Analysis Of Factors Affecting Land Value (Case Study In Sub-District Medan Timur Medan City) Irwan Bogie; Moehammad Nawawiy Loebis; Nazaruddin Matondang; Sheila Hani
International Journal Of Humanities Education and Social Sciences (IJHESS) Vol 2 No 2 (2022): IJHESS- OCTOBER 2022
Publisher : CV. AFDIFAL MAJU BERKAH

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55227/ijhess.v2i2.255

Abstract

This study aims to determine the factors that affect the value of land in the District of Medan Timur Medan. LT, JTF, AE, LEG, ETN are 5 (five) variables that are used as factors that affect the value of land in Medan Timur Sub – District. The data used are primary data, sampling technique used is Propostionate Stratified Random Sampling. The results showed that the factors LT, JTF, AE, LEG, ETN positive and significant effect, variable economic activity (AE) with a Standardized coefficient of 0.269 has the most dominant influence on the value of land compared to other variables. Land value Model with regression analysis techniques that can be used in the District of Medan East Medan city is Y = 3.297 + 1.241 (LT) + 0.885 (JTF) + 1.325 (AE) + 1.755 (LEG) + 2.608 (ETN), while the Standard Error of the Estimate of 3.73091
Co-Authors Irwan Bogie Nazaruddin Matondang Sheila Hani