Access to main roads or low cost land? Residential land developers’ behaviour in Indonesia

[...]in the conclusion, the lessons learned frorn this study are put together. According to a recent study (Indonesian Team 1995), in 1971, the built-up area of Jakarta, the core city of Jabotabek, had reached 17,878 hectares, or 31 per cent of its area. Figure 3 gives the price difference before an...

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Bibliographic Details
Published in:Bijdragen tot de taal-, land- en volkenkunde land- en volkenkunde, 2002-01, Vol.158 (4), p.653-676
Main Author: Winarso, Haryo
Format: Article
Language:English
Subjects:
Anthropology
Arterial highways
Cities
Development
Downtowns
Housing
Indonesia
Infrastructure
Land
Land development
Land development companies
Land use
Metropolitan areas
Planning
Population
Public infrastructure
Public transportation
Real estate market
Roads
Roads & highways
Rural areas
Rural land use
Selling price
Urban population
Urban studies
Citations: Items that cite this one
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Summary:[...]in the conclusion, the lessons learned frorn this study are put together. According to a recent study (Indonesian Team 1995), in 1971, the built-up area of Jakarta, the core city of Jabotabek, had reached 17,878 hectares, or 31 per cent of its area. Figure 3 gives the price difference before and after development by distance to the city centre, showing the possibility of making more profit when the land's purchasing price is lower. [...]although these figures do not show the actual profits, they do show the possibility of a higher profit margin if the development is located farther from Jakarta, where land prices are cheaper. [...]the price after development can be seen as the sum of the costs of the production factors plus profit. [...]potential profit is equal to the selling price minus the cost of production factors. 14 In their article, Dowall and Leaf (1991) examine the distribution of land prices iri Jakarta.
ISSN:0006-2294
2213-4379
0006-2294
DOI:10.1163/22134379-90003760