Study of the Making of Land Value Zone Map Based on the Market Price to Update Land Value in Central Government Areas ( Case Study: Mejayan Sub-District, Madiun Regency)

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Abstract

Based on Government Regulation number 3 of 2019 concerning an amendment to regulation number 52 of 2010, the Government of Madiun Regency relocates of the capital city of Madiun Regency from the Madiun City area to Caruban City located in the Mejayan SubDistrict. With the relocation of the capital city of Madiun Regency in the Mejayan Sub-District, the region is increasingly strategic with developments. Development in this region, triggering influence on changes in land values. This study aims to make of land value zone map in the Mejayan Sub-District, to update land value information in Mejayan Sub-District using a comparative market approach and the final process of this study to analyze the effect of distance of public facilities on land values in the sorrounding area, using spatial buffering analysis. The results show that the highest average indication value (NIR) in the C4 zone is IDR 3.597.668 / m2 and the lowest average indication value (NIR) in the A8 zone is IDR 134.950 / m2 and Spatial buffering analysis on land value zone map, The results showed that the zone located at a radius of 1 kilometer from public facilities, namely the Central Government Office Area of Madiun Regency and the Caruban Railway Station had higher land values than the zone within a radius of 2 kilometers and a radius of 3 kilometers. As for the results of spatial buffering from the Gemblung Traditional Market, it appears that the zone located at a radius of 3 kilometers from the market results has a higher land value than the zone within a radius of 1 kilometer and a radius of 2 kilometers because at a radius of 3 kilometers it has better accessibility. Other factors that affect land value are accessibility, land position, and type of land use.

Original languageEnglish
Article number012019
JournalIOP Conference Series: Earth and Environmental Science
Volume731
Issue number1
DOIs
Publication statusPublished - 13 Apr 2021
Event5th Geomatics International Conference 2020, GeoICON 2020 - Virtual, Online, Indonesia
Duration: 26 Aug 2020 → …

Keywords

  • Comparative Market Approach
  • Land Value
  • Spatial Buffering Analysis

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