scholarly journals Determinant Influencing Factors for Subsidized House Preferences in Bandung Regency

2021 ◽  
Vol 6 (4) ◽  
pp. 317-321
Author(s):  
M. R. Andrianto ◽  
R. A. Rahadi
Keyword(s):  
Real Estate ◽  
Business Strategy ◽  
House Prices ◽  
Influencing Factor ◽  
Research Result ◽  
Limited Area ◽  
The Real Estate ◽  
Real Estate Developers ◽  
The Government ◽  
Populated Region

The increasing population with a limited area of land makes house prices in Bandung City becoming expensive. Many people looking for a cheaper price in the outer city such as in the area around Bandung Regency. It is the largest region and the most populated region that bordered Bandung City. One type of house that is widely offered in the region is subsidized house. It is a house that some of the payment is assisted by the government. The data shows that the subsidized house realization is increasing every year. This research aims to investigate the influencing factor that influences people's preference for the subsidized house in Bandung Regency. Several pieces of literature concludes that the influencing factor for subsidized house preference is price, physical attributes and qualities, accessibility, location, and facility. The methodology used for this research is using quantitative and qualitative studies. The study is using mixed method between quantitative and qualitative method by conducting questionnaires, and interviews. The findings of this research could be useful for the stakeholders such as consumers, governments, and real estate developers. For consumer, this research could be a guide to help the customer find out about their preferences toward the subsidized house. The government could use this research result as guidance and evaluation on their policy. The real estate developers also could use this research to be used as information for their business strategy.

scholarly journals The Impacts in Real Estate of Landscape Values: Evidence from Tuscany (Italy)

2021 ◽  
Vol 13 (4) ◽  
pp. 2236
Author(s):  
Francesco Riccioli ◽  
Roberto Fratini ◽  
Fabio Boncinelli
Keyword(s):  
Real Estate ◽  
House Prices ◽  
Spatial Econometric ◽  
The Real ◽  
The Real Estate ◽  
Landscape Values ◽  
Individual Perception ◽  
Real Estate Prices ◽  
The Aesthetic ◽  
The Individual

Using spatial econometric techniques and local spatial statistics, this study explores the relationships between the real estate values in Tuscany with the individual perception of satisfaction by landscape types. The analysis includes the usual territorial variables such as proximity to urban centres and roads. The landscape values are measured through a sample of respondents who expressed their aesthetic-visual perceptions of different types of land use. Results from a multivariate local Geary highlight that house prices are not spatial independent and that between the variables included in the analysis there is mainly a positive correlation. Specifically, the findings demonstrate a significant spatial dependence in real estate prices. The aesthetic values influence the real estate price throughout more a spatial indirect effect rather than the direct effect. Practically, house prices in specific areas are more influenced by aspects such as proximity to essential services. The results seem to show to live close to highly aesthetic environments not in these environments. The results relating to the distance from the main roads, however, seem counterintuitive. This result probably depends on the evidence that these areas suffer from greater traffic jam or pollution or they are preferred for alternative uses such as for locating industrial plants or big shopping centres rather than residential use. Therefore, these effects decrease house prices.

Research on the Design of Community Landscape Planning under Eco-House Perspective

2014 ◽  
Vol 716-717 ◽  
pp. 541-544
Author(s):  
Xu Dan Zhou ◽  
Chun Li Zhao ◽  
Yue Qi ◽  
Hao Qi ◽  
Da Wei Jiang
Keyword(s):  
Real Estate ◽  
Landscape Planning ◽  
Rapid Development ◽  
Landscape Design ◽  
Living Environment ◽  
Success Factor ◽  
The Real Estate ◽  
Planning And Design ◽  
Residential Quarter ◽  
Real Estate Developers

With the advent of the knowledge economy and the rapid development of information technology era, people's demand for the living environment has been far more than mere material comfort. In this paper, good landscape design for residential quarter not only provides appropriate living conditions for dweller, satisfies people's yearning for home, improves the quality of urban environment, but also is the main prerequisites which measure the green quality and management of the community. Landscape planning and design of residential environment exists failed plant landscape design, weak user-friendly design, ignoring landscape such as issues. We have identified the principles of landscape planning and design community, and allocation of green plants. It is the important weights that real estate developers sell their items, which is an important success factor that the real estate developers operate company, and people will pay more and more attention to the landscape design.

scholarly journals Improvement of the real estate transparency through digitalisation

2020 ◽  
Vol 14 (1) ◽  
pp. 371-384
Author(s):  
Elena Ionaşcu ◽  
Ion Anghel
Keyword(s):  
Real Estate ◽  
Business Strategy ◽  
Business Models ◽  
Real Estate Market ◽  
The Real Estate ◽  
Market Transparency ◽  
Open Relationships ◽  
Information And Communication ◽  
Efficiency And Productivity

AbstractTaking into account that the transparency is a quality of communication of sustainability information, as well as the role of digitalisation in ensuring the transparency, we proposed to study the perception of real estate entities related to promoting transparency in the relationship with stakeholders and the integration of information and communication technology in their business models. Applying a qualitative approach, we critically analysed the sustainability reports published by real estate companies from the EU, which represent important non-financial information sources for stakeholders. Transparency is mainly reflected in corporate governance, as real estate entities are increasingly concerned with maintaining open relationships with stakeholders and knowing their expectations to integrate them into the business strategy. We have noticed a broader approach of transparency in REIT entities and in reports that include an assurance statement. New digital technologies serve the purpose of improving transparency, which, although still poorly explored in real estate, offer new solutions to increase the efficiency and productivity of real estate activities. Property technology can improve real estate market transparency and liquidity, bringing lower transaction costs, which should positively impact the value of investment assets.

Fragility of the Spanish Banking System and Financial Exclusion

2019 ◽  
pp. 69-91 ◽  
Author(s):  
Begoña Alvarez García ◽  
José Pablo Abeal Vázquez
Keyword(s):  
Real Estate ◽  
Business Strategy ◽  
Banking System ◽  
Transformation Process ◽  
Social Changes ◽  
The Real Estate ◽  
Real Estate Bubble ◽  
Financial Exclusion ◽  
The Social ◽  
Major Transformation

Since the outbreak of the financial crisis in 2007, Spain entered a period of wide-ranging economic and social changes. Spanish financial institutions have been implicated in the real-estate bubble, and they were highly exposed to uncertainty and the steady decline of real estate businesses. As a result, the Spanish banking system has undergone a major transformation process. It has been necessary to restructure many institutions, so today the sector is smaller, and it has been forced to rethink its business strategy to survive. The social cost of all these changes has been particularly high, and financial exclusion has increased in Spain from the beginning of the crisis. This chapter shows the changes that have taken place in the Spanish banking system from the beginning of the crisis, the social implications ensued, and the challenges currently faced by the new banking industry that has emerged since the crisis.

Factor affecting competitive advantage of real estate developers in Indonesia

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
I Putu Gede Sukaatmadja
Keyword(s):  
Real Estate ◽  
Competitive Advantage ◽  
Design Methodology ◽  
Upper Class ◽  
Environmental Orientation ◽  
Content Type ◽  
The Real Estate ◽  
Real Estate Developer ◽  
Real Estate Developers ◽  
Further Development

Purpose This study aims to test and explain the implementation of the green marketing mix (GMM) strategy, based on an environmental orientation (EO) in increasing the competitive advantage (CA) of the real estate developers or companies in Indonesia. Design/methodology/approach This study was conducted at real estate developer companies in several cities in Bali, i.e. Denpasar, Gianyar, Buleleng, Singaraja and Tabanan of Bali Province, Indonesia, registered as a member of Real Estate Indonesia. Bali was chosen as a province with a very rapid growth of the property sector than other provinces in Indonesia. This study is about census research. The sample unit is a real estate developer in Bali whose scope of operation project is at least 20 hectares, which means the scale of the property business is middle-class and upper-class companies. The unit of analysis was developer companies in Bali, whereas the respondents were the General Manager, CEO or owners of the company. The respondents were chosen so that each question in the questionnaire could be filled correctly and accurately. Findings EO has a positive but insignificant effect on CA. On the other hand, EO has a positive and significant influence on the GMM strategy. Furthermore, the results show that the GMM strategy has a positive and significant effect on CA. Originality/value The originality of this study is evident from the effort to deepen the analysis and the results of the hypothesis testing of previous studies; hence, this study uses a GMM strategy for real estate developers as a service company. The mapping of the previous research is done uses variables related to current research. This study seeks to develop a model from some previous studies aimed at enriching the results of research for further development.

Residential Policy in Market Economies

Equilibrium ◽  
2009 ◽  
Vol 2 (1) ◽  
pp. 147-157 ◽  
Author(s):  
Małgorzata Kędzierska
Keyword(s):  
Real Estate ◽  
Family Life ◽  
Real Estate Market ◽  
Advanced Economy ◽  
The Real Estate ◽  
Living Space ◽  
The Real Estate Market ◽  
The Family ◽  
The Government ◽  
Stimulation Of

Living space plays an important role in the hierarchy of human everyday requirements. Not only does it alleviating the basic requirements, but also those of the superior rows. The proper residential conditions are the foundation of the development of the family life and, in the wider context, the whole societies. Consequently, residential requirement are of particular interest to the state, in fact, in modern advanced economy, the residential problem should be regarded as a preemptive public task. However, it does not mean that the government is obliged to substitute for the citizens in their aspirations to own an apartment. To the contrary, its role should concentrate on regulation rather than stimulation of the real estate market.

Egypt’s slum development plan will be applied unevenly

2019 ◽  
Keyword(s):  
Real Estate ◽  
Private Sector ◽  
Public Spending ◽  
Informal Settlements ◽  
Development Plan ◽  
Content Type ◽  
The Real ◽  
The Real Estate ◽  
The Government ◽  
Policy Priority

Subject Plans to rid Egypt of its slums. Significance Since President Abdel Fatah el-Sisi came to office in June 2014, the eradication of informal settlements has officially been a top policy priority. More than 20 billion Egyptian pounds (1.2 billion dollars) has been allocated to the development and demolition of 351 slum areas since 2014. In February, Sisi pledged to rid the country of its slums by 2030. However, concerns have been raised about the lack of consultation with the communities affected. Impacts The slum redevelopment plans will drive growth in investment in the real estate and construction sectors. Public spending will increase from subsidised provision of electricity, water and sewerage services. The government will boost revenues by selling repossessed land to the private sector. Lack of consultation with residents over relocation will drive resentment among many of the poorest segments of society.

scholarly journals Homeownership Rate and Other House Price Determinants Impacts on New House Prices in Colombia

2020 ◽  
pp. 35-50
Author(s):  
Hector Botello-Peñaloza
Keyword(s):  
Real Estate ◽  
House Prices ◽  
Housing Prices ◽  
House Price ◽  
Real Estate Market ◽  
The Real Estate ◽  
Homeownership Rate ◽  
Colombian Government ◽  
Price Determinants ◽  
Price Instability

Homeownership remains a preferred form of tenancy in different parts of the world. The attractions of security, stability, investment potential and a sense of pride outweigh the fear of price instability. For this reason, the Colombian government has encouraged in recent years, various demand policies that have sought to promote the increase in the number of homeowners. However, these ideas could have a severe impact on prices in the real estate market. Therefore, this study seeks to examine the effect of homeownership rate on new house prices in an emerging country with low real estate ownership, credit restrictions and average per capita income. The study uses panel data model to examine the influence of housing tenancy and other variables on the variation of housing prices in Colombia. Data were obtained from various sources including the Central Bank of Colombia, Financial Superintendence of Colombia, and National Administrative Department of Statistics of Colombia. The results show that homeownership rates have a positive effect on the price of new homes, which supports the hypothesis of the research. The population growth of the cities is the factor that is most relevant when explaining the price variations.

scholarly journals Perspective of Developer, Buyer, Financier and Equity Participants in Real Estate Project Development Process in India: An important constituent of Construction Industry

2017 ◽  
Vol 8 (2) ◽  
pp. 932-936
Author(s):  
Alok Singh
Keyword(s):  
Real Estate ◽  
Construction Industry ◽  
Development Process ◽  
Project Development ◽  
The Real ◽  
The Real Estate ◽  
Multiplier Effect ◽  
Real Estate Project ◽  
Real Estate Developers ◽  
Important Constituent

The real estate project development is an important constituent of construction industry. The other important constituent of construction industry is infrastructure development. The construction industry drives and impacts many other industries and has a substantial multiplier effect on various sectors and hence on economic output as well as on employment scenarios. This article discusses multiplier effect of construction industry on few of the  important economic indicators and further focuses on real estate project development process. The real estate project development process starts from land acquisition to sales and marketing. The internal stakeholders in real estate project development process are real estate developers, real estate buyers and the real estate financers. The paper discusses alternatives for real estate developers, the opportunistic schemes for real estate buyers, and the role of portfolio of financing agencies as well as the role of multitudes of equity participants. It also describes about the regulatory institutions active in real estate project development and promotion process. The real estate projects are developed by organized real estate project developer as well as by unorganized real estate project developers or local builders. This article contributes regarding the challenges and opportunities among the real estate buyers, real estate developers, portfolio of financial schemes offered by real estate financers and the opportunities for real estate equity participants.

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