Classinta ARD, Bella Astrina
Unknown Affiliation

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

ANALYSIS OF INVESTMENT SENDITIVITY IN TAMAN MELATI DINOYO APARTMENT, MALANG CITY Classinta ARD, Bella Astrina; Muhammadun, Haris; Nugroho, Laksono Djoko
JOURNAL OF HUMANITIES, SOCIAL SCIENCES AND BUSINESS Vol. 3 No. 2 (2024): FEBRUARY
Publisher : Transpublika Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55047/jhssb.v3i2.1017

Abstract

This research investigates the investment potential of Taman Melati Dinoyo Apartment in Malang City, focusing on economic and property market analysis. This research identifies the main factors affecting apartment investment, including property prices, construction costs, occupancy rates, and interest rates. Through a comprehensive literature review and primary data collection through interviews, the research provides insights for property developers, highlighting potential risks and effective mitigation strategies. The proposed investment structure involves a 30% equity and 70% borrowing ratio. Analysis methods such as NPV, IRR, BCR, and Payback Period are used for financial assessment. The Taman Melati Dinoyo Apartment Project in Malang City is financially feasible, with a NJOP value of Rp. 418,462,580,000. The NPV value is positive at Rp. 55,585,691,096, although the IRR is slightly below MARR at -8.99%. The BCR is 0.7997, indicating the project is less than 1, and the payback period is reached in the second year at IDR 186,959,656. Sensitivity analysis showed feasibility even with an increase in investment by 38% and a decrease in revenue by 20%
Analysis of the Feasibility of Investing in Taman Melati Dinoyo Apartments, Malang City Classinta Ard, Bella Astrina; Muhammadun, Haris; Nugroho, Laksono Djoko
Advances In Social Humanities Research Vol. 1 No. 12 (2023): ADVANCES in Social Humanities Research
Publisher : Sahabat Publikasi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.46799/adv.v1i12.157

Abstract

This research aims to investigate the investment potential of Taman Melati Dinoyo Apartments, Malang City as a promising form of property. Through an economic and property market analysis approach, this research explores the factors that influence investment decisions and the impact on local economic growth. An in-depth literature study was used to understand property investment trends and apartment market characteristics. The data analysis method includes collecting primary data through interviews with property developers and other related parties. Additionally, secondary data from financial institutions, local governments and other sources were used to validate the findings. The results of this research identify the main factors that influence apartment investment such as property prices, construction costs, occupancy rates and interest rates. Apart from that, this research can also be a reference for project developers to identify potential risks and stimulate effective mitigation strategies by using investment capital that is used in a ratio of 30% own capital and 70% loans.The analytical method used to analyze this research is data collection, data processing, income analysis, cash flow and reviewing financial aspects using the NPV, IRR, BCR, Payback Period method. The final stage of work is analyzing the sensitivity of investment costs to investment costs, Sensitivity Analysis rates. The results of the analysis of the Taman Melati Dinoyo Apartment project, Malang City, are that it has an NJOP value of Rp. 418,462,5800,000,- and was declared financially feasible with a positive NPV value of Rp. 55,585,691,096,- IRR is worth – 8.99% which is less than MARR, namely 7.79%, BCR <1, namely 0.7997 and the payback period is IDR, 186,959,656,- in year 2, sensitivity analysis shows the project an apartment is declared feasible if the increase in investment reaches 38% and the decrease in income is 20%.