Surabaya has land management rights called land use permit (IPT) or Certificates. Land use permit (IPT) is different from the status of the other land rights. NJOP market price is also obtained from Fair Market Value that have been calculated by the government. To find out the change in land value of IPT with NJOP, market data approach method is used to discuss market data in each zone that has been classified. The results of the analysis that have been done show that the highest average indication value (NIR) is Rp 34,951,545. The land value of IPT also influences the changes in land values towards NJOP. The highest increase in the GP1 zone is 1,782.65% and the lowest in the GP13 zone is 10.95%. This is caused by factors that affect the land value those are land rights, land location and road accessibility in Pucang Sewu.
|IOP Conference Series: Earth and Environmental Science
|Published - 13 Dec 2019
|4th Geomatics International Conference 2019, GeoICON 2019 - Surabaya, Indonesia
Duration: 21 Aug 2019 → 22 Aug 2019