IDEAS home Printed from https://ideas.repec.org/a/gam/jlands/v11y2022i8p1320-d889227.html
   My bibliography  Save this article

Appraisal of Building Price in Urban Area Using Light Detection and Ranging (LiDAR) Data in Depok City

Author

Listed:
  • Randhi Atiqi

    (Geography Department, Faculty of Mathematic and Natural Sciences, University of Indonesia, Depok 16424, Indonesia)

  • Muhammad Dimyati

    (Geography Department, Faculty of Mathematic and Natural Sciences, University of Indonesia, Depok 16424, Indonesia)

  • Ahmad Gamal

    (Architecture Department, Faculty of Engineering, University of Indonesia, Depok 16424, Indonesia)

  • Rizki Pramayuda

    (Geography Department, Faculty of Mathematic and Natural Sciences, University of Indonesia, Depok 16424, Indonesia)

Abstract

Economic growth and its demographic benefits have enhanced the high rate of urbanization in Indonesia, although property tax revenues are still low compared to G20 countries. This low performance is partly due to the limited capacity of local governments, regarding the determination of building values for tax calculations. To improve local government tax performance, LIDAR mapping is capable of being used for quickly estimating the price of a building. Therefore, this study aimed to determine the patterns by which the spatial differences in building price values influence the tax databases and LiDAR mapping results. Based on this mapping process, the present building site size in high-density housing areas was on average 1.66-times larger than those in the Depok City Government tax database. Meanwhile, the sites in medium-density housing and trade/service areas were 1.35- and 1.08-times wider, respectively. Using a LiDAR 3D model, the observed level of construction was much higher in the highly-urbanized area compared to the price in the Depok City Government tax database. This was based on the construction cost of a building per square meter. Regarding these results, the building prices in high- and medium-density areas, as well as the trade/service area, were nine, six, and three-times higher, respectively.

Suggested Citation

  • Randhi Atiqi & Muhammad Dimyati & Ahmad Gamal & Rizki Pramayuda, 2022. "Appraisal of Building Price in Urban Area Using Light Detection and Ranging (LiDAR) Data in Depok City," Land, MDPI, vol. 11(8), pages 1-15, August.
  • Handle: RePEc:gam:jlands:v:11:y:2022:i:8:p:1320-:d:889227
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2073-445X/11/8/1320/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2073-445X/11/8/1320/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bharathi, Naveen & Malghan, Deepak & Mishra, Sumit & Rahman, Andaleeb, 2021. "Fractal urbanism: City size and residential segregation in India," World Development, Elsevier, vol. 141(C).
    2. Veronika Liebelt & Stephan Bartke & Nina Schwarz, 2018. "Hedonic pricing analysis of the influence of urban green spaces onto residential prices: the case of Leipzig, Germany," European Planning Studies, Taylor & Francis Journals, vol. 26(1), pages 133-157, January.
    3. Ignazio Cabras & Franziska Sohns & Jesus Canduela & Steve Toms, 2021. "Public houses and house prices in Great Britain: a panel analysis," European Planning Studies, Taylor & Francis Journals, vol. 29(1), pages 163-180, January.
    4. Ihlanfeldt, Keith & Mayock, Tom, 2010. "Panel data estimates of the effects of different types of crime on housing prices," Regional Science and Urban Economics, Elsevier, vol. 40(2-3), pages 161-172, May.
    5. Bergman, U. Michael & Sørensen, Peter Birch, 2021. "The interaction of actual and fundamental house prices: A general model with an application to Sweden," Journal of Housing Economics, Elsevier, vol. 54(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bello Musa Zango & Sanni Mohammed Lekan & Mohammed Jibrin Katun, 2020. "Conventional Methods in Housing Market Analysis: A Review of Literature," Baltic Journal of Real Estate Economics and Construction Management, Sciendo, vol. 8(1), pages 227-241, January.
    2. Wongsa-art, Pipat & Kim, Namhyun & Xia, Yingcun & Moscone, Francesco, 2024. "Varying coefficient panel data models and methods under correlated error components: Application to disparities in mental health services in England," Regional Science and Urban Economics, Elsevier, vol. 106(C).
    3. van Vuuren, Aico, 2022. "Is There a Diminishing Value of Urban Amenities as a Result of the COVID-19 Pandemic?," IZA Discussion Papers 15025, Institute of Labor Economics (IZA).
    4. Juan Tomas Sayago-Gomez & Adam Nowak, 2016. "What is Near and Recent in Crime for a Homeowner? The Cases of Denver and Seattle," Working Papers Working Paper 2016-01, Regional Research Institute, West Virginia University.
    5. Assem Abu Hatab & Padmaja Ravula & Swamikannu Nedumaran & Carl-Johan Lagerkvist, 2022. "Perceptions of the impacts of urban sprawl among urban and peri-urban dwellers of Hyderabad, India: a Latent class clustering analysis," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(11), pages 12787-12812, November.
    6. Melek Cigdem‐Bayram & David Prentice, 2019. "How Do Crime Rates Affect Property Prices?," The Economic Record, The Economic Society of Australia, vol. 95(S1), pages 30-38, June.
    7. Muñoz-Morales, Juan & Singh, Ruchi, 2023. "Do school shootings erode property values?," Regional Science and Urban Economics, Elsevier, vol. 98(C).
    8. Donovan, Stuart & de Graaff, Thomas & de Groot, Henri L.F. & Schiff, Aaron, 2024. "An urban overhead? Crime, agglomeration, and amenity," Journal of Housing Economics, Elsevier, vol. 64(C).
    9. Anastasia Klimova & Adrian D. Lee, 2014. "Does a Nearby Murder Affect Housing Prices and Rents? The Case of Sydney," The Economic Record, The Economic Society of Australia, vol. 90, pages 16-40, June.
    10. Sloan, CarlyWill & Caudill, Steven B. & Mixon, Franklin G., 2016. "Entrepreneurship and crime: The case of new restaurant location decisions," Journal of Business Venturing Insights, Elsevier, vol. 5(C), pages 19-26.
    11. Santos Eulália & Tavares Fernando, 2021. "The Profile of Portuguese People when Choosing an Apartment," Real Estate Management and Valuation, Sciendo, vol. 29(2), pages 38-51, June.
    12. Hua, Nan & Yang, Yang, 2017. "Systematic effects of crime on hotel operating performance," Tourism Management, Elsevier, vol. 60(C), pages 257-269.
    13. Cohen, Jeffrey P. & Schaffner, Sandra, 2019. "A new highway in Germany and the impacts on real estate prices," Ruhr Economic Papers 821, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    14. Navratil, Josef & Picha, Kamil & Martinat, Stanislav & Nathanail, Paul C. & Tureckova, Kamila & Holesinska, Andrea, 2018. "Resident’s preferences for urban brownfield revitalization: Insights from two Czech cities," Land Use Policy, Elsevier, vol. 76(C), pages 224-234.
    15. Hammerle, Mara & White, Lee V. & Sturmberg, Bjorn, 2023. "Solar for renters: Investigating investor perspectives of barriers and policies," Energy Policy, Elsevier, vol. 174(C).
    16. Nicolás González-Pampillón, 2019. "Spillover effects from new housing supply," CEP Discussion Papers dp1660, Centre for Economic Performance, LSE.
    17. Steven B Caudill & Ermanno Affuso & Ming Yang, 2015. "Registered sex offenders and house prices: An hedonic analysis," Urban Studies, Urban Studies Journal Limited, vol. 52(13), pages 2425-2440, October.
    18. Liebelt, Veronika & Bartke, Stephan & Schwarz, Nina, 2018. "Revealing Preferences for Urban Green Spaces: A Scale-sensitive Hedonic Pricing Analysis for the City of Leipzig," Ecological Economics, Elsevier, vol. 146(C), pages 536-548.
    19. Nina Schwarz & Annegret Haase & Dagmar Haase & Nadja Kabisch & Sigrun Kabisch & Veronika Liebelt & Dieter Rink & Michael W. Strohbach & Juliane Welz & Manuel Wolff, 2021. "How Are Urban Green Spaces and Residential Development Related? A Synopsis of Multi-Perspective Analyses for Leipzig, Germany," Land, MDPI, vol. 10(6), pages 1-16, June.
    20. Julia Bronnmann & Veronika Liebelt & Fabian Marder & Jasper Meya & Martin Quaas, 2023. "The Value of Naturalness of Urban Green Spaces: Evidence from a Discrete Choice Experiment," Land Economics, University of Wisconsin Press, vol. 99(4), pages 528-542.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jlands:v:11:y:2022:i:8:p:1320-:d:889227. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.