Proposed Business Strategy for PT Futura Land (Real Estate Developer) to Compete and Grow Successfully in the Future

Recovery from economic downturn caused by COVID-19 is still considered slow, despite of all the hard work from private sector and stimuluses being issued by central government. Futura Land as one of real estate developer, is not an exception. Facing the fierce competition and challenges in the future, the Company needs to assess and enhanced business strategy in order to prepare for the future of property market and adapt with the possibility of COVID-19 being an endemic. This research wants to uncover the reason of unrecovered sales performance, the effect of several government initiatives on property market and also recommend business strategy including the implementation plan for the Company. This research used qualitative methodology by utilizing both primary and secondary data. Based on data analysis, the root of problem is coming from lack of evaluation system in the Company, low brand awareness among potential customer, low initiatives from sales person, low level of product development and collaboration. From external point of view, low purchasing power caused by endless case of COVID-19 new variant has brought a huge influence of the unrecovered sales performance. In addition, the stimuluses in property market is issued by government a year after the pandemic taken its toll. To win competition and grow further, the Company should increase and shifting their marketing communication activities to online platform while revisit the content of marketing materials, develop product development team to bolster the current product design, intensify the role of banks relationship officer in order to help customer eligible for their mortgage financing and bringing wide variety of banks to propose their financing to. Last, the Company should start develop an enhanced and structured evaluation system within the Company to review the effectiveness and continuity of any program being proposed to the management.

Plurality of Persons on the Debtor’s Side in Real Estate Developer Insolvency (Bankruptcy) Cases

The article is devoted to the analysis of the possibility of using the structure of a plurality of persons on the side of the debtor in Russian law enforcement practice. The proposal is due to the lack of efficiency in achieving the goal of applying special provisions of the legislation on bankruptcy of developers to protect the rights of citizens in cases of establishing requirements for the transfer of premises in relation to one object in bankruptcy cases of different debtors. The analysis is carried out on the basis of foreign experience, existing domestic law enforcement practice and the development of the concept of a plurality of persons in bankruptcy cases in the scientific literature. Positive and negative aspects are evaluated.

Guarantee Obligations of a Real Estate Developer: Challenging Aspects

The article describes the issues of the liability of real estate developers for undue quality of apartment block construction. The paper studies the issue of provisions to be applied in the event of imposition of the obligation to execute guarantee repairs on a real estate developer. Options of application of contractor provisions or sale and purchase provisions are reviewed. Judicial practice reflecting various approaches is referred to. Guarantee term calculation peculiarities are analyzed.

Real Estate Developer Perception for Sharia Housing Products in Greater Bandung, Indonesia

This research aims to define Sharia housing products from the perspective of real estate developers in Greater Bandung. The authors try to dig deeper into whether the housing made by these developers is by the fundamental understanding of sharia housing or not. This study also tries to determine what is still missing and what has been running well in practice. In the preliminary research, the authors attempted to define this sharia property by theories and more focused on the consumer side. This study is using Qualitative Analysis with Semi-Structured Interviews. From the result of this research, it can be seen that sharia housing in Bandung is not very focused on the design of sharia buildings in private residential, but rather to provide sharia facilities for public use and other Islamic activities in their neighbourhood. This research would be useful for property developers, consumers, and other parties like academicians or the government.

Effects of environmental orientation, green marketing mix and social capital on the competitive advantage of real estate developers in Bali

PurposeTo test and explain about the implementation of the green marketing mix strategy, based on an environmental orientation and social capital in increasing the competitive advantage of the real estate developer or company in Bali.Design/methodology/approachData collected in this study are primary data. Primary data collection is done by survey method using a research instrument in the form of a questionnaire. This research was conducted at real estate development companies in several cities in Bali. 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 a middle-class and upper-class company. The unit of analysis is the company developer in Bali, while the respondent is General Manager, CEO or company owner. Data analysis employs inferential statistics of partial least square (PLS).FindingsThe findings in this study indicate that environmental orientation and competitive advantage do not have a significant direct relationship. However, it has an indirect effect through the adoption of a green marketing mix strategy. Thus, the application of the green marketing mix strategy has a positive and significant impact on increasing competitive advantage. Then, environmental orientation has a direct and significant influence on the application of the green marketing mix. Social capital has a positive and significant influence on competitive advantage.Originality/valueThe originality of this study is evident from the effort to deepen the analysis about the Competitive Advantage uses a green marketing mix strategy for real estate developers as a service company. Although there are many studies on EO, the results are still varied so that this becomes something interesting. Thus, in this study the concept of the effect of EO influence was developed on the implementation of the green marketing mix strategy by green property developers.

Filtering Out Microbes

A new HVAC filter, developed through a collaboration of Houston-based medical real estate developer Medistar and researchers at the University of Houston and Texas A&M University, uses a heated filter made of nickel foam that traps and kills 99.8 percent of the virus.

Hybrid Problem Solving

This chapter evaluates how the close juxtaposition of civic and noncivic in hybrid civic action provides better ways to discern whether or not, and how, nonprofits express the will of people in their immediate locale, and whether or not they pose an effective alternative to governmental action, as some commentators argue. All that should help clarify how civic action really works. The chapter focuses mostly on a locally prominent and successful, nonprofit affordable housing developer, Housing Solutions for Los Angeles (HSLA). It then compares HSLA briefly with efforts by a Tenants of South Los Angeles (ISLA) committee to administer the housing provisions of the community benefits agreement (CBA) that ISLA's campaign won from the Manchester apartments developer. This was a different kind of hybrid. ISLA's affordable housing work for the community ultimately was both financed and constrained by a big, for-profit real estate developer — the Manchester property owner.

Cultivating Confidence

Where does the conviction that I can do this if I try come from? In 1977, the psychologist Albert Bandura asserted that the most important determinant of self-efficacy is what he calls mastery experiences. After a lifetime of study, he hasn't changed his mind. The main idea is simple: if you attempt hard things, again and again, and eventually succeed, you come to believe in your capabilities. In contrast, if you fail repeatedly, you come to believe that you can't succeed, even if you try. The logic of mastery leading to confidence is undeniable. But it's easy to forget. When my daughter Amanda was in seventh grade, she opted into an accelerated math class. That fall, our little house shook with her weeping and wailing as she struggled to keep up. I'm the psychologist in the family, but in this instance, everything I knew about motivation and emotion went out the window as I, like Amanda, began to believe that this math class was just too hard for her. Instead, it was my husband, the real estate developer, who would sit next to Amanda, take out the umpteenth sheet of scrap paper, and help her. They would work through the easiest problems in the homework set, then the next easiest ones, and finally—sometimes after I'd gone to bed—the trickiest and most complex problems at the very end.

Factor affecting competitive advantage of real estate developers in Indonesia

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.