Analysis of Physical Factors and Housing Reputation Effect to Property Value in Citra Wisata Residence

C. D. Malahati, K. A. Fachrudin, H. T. Fachrudin

2018

Abstract

Housing has become a valuable marketing target nowadays, because housing can be used as an investment in the future in a relatively long time. Deciding the value of a housing property is based on physical attributes of a housing, such as location, facility, design, environment and housing reputation. Citra Wisata Residence is one of the oldest housing estates in Medan Johor Subdistrict, with its well equipped and well managed housing, the values are increasing. By the increasing growth of new housing in this research area, Citra Wisata Residence still has a good image and keep its existence until today. The purpose of this research is to find out and analyze how big the location, facility, design, environment and housing reputation affect the property’s value. The population of this research were housing residents of Citra Wisata Residence, and based on Slovin formula, the number of samples are 82. Hypothesis testing uses multiple linear regression analysis using SPSS and STATCAL at a significance value of 5%. The result of this research indicate that location, facility, design, environment and housing reputation simultaneously have a positively and significantly affect the value of Citra Wisata Residence. Partially, facility, design and housing reputation positively and significantly affect the value of Citra Wisata Residence. Housing reputation is dominant variable in influencing property value of Citra Wisata Residence.

Paper Citation

in Harvard Style

Malahati C., Fachrudin K. and Fachrudin H. (2018). Analysis of Physical Factors and Housing Reputation Effect to Property Value in Citra Wisata Residence.In Proceedings of the International Conference of Science, Technology, Engineering, Environmental and Ramification Researches - Volume 1: ICOSTEERR, ISBN 978-989-758-449-7, pages 1360-1364. DOI: 10.5220/0010074713601364

in Bibtex Style

@conference{icosteerr18,
author={C. D. Malahati and K. A. Fachrudin and H. T. Fachrudin},
title={Analysis of Physical Factors and Housing Reputation Effect to Property Value in Citra Wisata Residence},
booktitle={Proceedings of the International Conference of Science, Technology, Engineering, Environmental and Ramification Researches - Volume 1: ICOSTEERR,},
year={2018},
pages={1360-1364},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010074713601364},
isbn={978-989-758-449-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Conference of Science, Technology, Engineering, Environmental and Ramification Researches - Volume 1: ICOSTEERR,
TI - Analysis of Physical Factors and Housing Reputation Effect to Property Value in Citra Wisata Residence
SN - 978-989-758-449-7
AU - Malahati C.
AU - Fachrudin K.
AU - Fachrudin H.
PY - 2018
SP - 1360
EP - 1364
DO - 10.5220/0010074713601364