Rental Value of a Local Government Asset Using Asymmetric Valuation
This study tried to identified the market and the rental value of Grha Z as one of the local assets in Province A. This study used cost approach and income approach in valuation to obtain rental value and Net Present Value (NPV) of the building, the construction cost of a new Grha Z building, manage...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Prasetiya Mulya Publishing
2019-04-01
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| Series: | International Research Journal of Business Studies |
| Subjects: | |
| Online Access: | http://irjbs.com/index.php/jurnalirjbs/article/view/1336 |
| _version_ | 1818137206852681728 |
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| author | Farach Difa Akhmad Makhfatih Uswatun Khasanah Inayati Nuraini Dwiputri |
| author_facet | Farach Difa Akhmad Makhfatih Uswatun Khasanah Inayati Nuraini Dwiputri |
| author_sort | Farach Difa |
| collection | DOAJ |
| description | This study tried to identified the market and the rental value of Grha Z as one of the local assets in Province A. This study used cost approach and income approach in valuation to obtain rental value and Net Present Value (NPV) of the building, the construction cost of a new Grha Z building, management office, home generator, and warehouse. Because of the limited information, this study valuate the asset asymmetrically. The result of the calculation produces the value of assets, taxable value assets as the basis for calculating the value of the rental assets according to Minister of Finance (MoF) Regulation 33/2012. The results showed that the rental value of local assets such as land and buildings in the area Grha Z can be increased by Regulation of Indonesian MoF Number 33/2012. It can be used as a material consideration in the improvement of regional asset rental agreement. |
| first_indexed | 2024-12-11T09:52:37Z |
| format | Article |
| id | doaj.art-8a8121e67406426bb94c672029c8bce3 |
| institution | Directory Open Access Journal |
| issn | 2089-6271 2338-4565 |
| language | English |
| last_indexed | 2024-12-11T09:52:37Z |
| publishDate | 2019-04-01 |
| publisher | Prasetiya Mulya Publishing |
| record_format | Article |
| series | International Research Journal of Business Studies |
| spelling | doaj.art-8a8121e67406426bb94c672029c8bce32022-12-22T01:12:22ZengPrasetiya Mulya PublishingInternational Research Journal of Business Studies2089-62712338-45652019-04-01121313910.21632/irjbs.12.1.31-39Rental Value of a Local Government Asset Using Asymmetric ValuationFarach Difa0Akhmad Makhfatih1Uswatun Khasanah2Inayati Nuraini Dwiputri3Fakultas Ekonomika dan Bisnis Magister Ekonomika Pembangunan, Universitas Gadjah Mada, Yogyakarta, IndonesiaFakultas Ekonomika dan Bisnis Universitas Gadjah Mada, Yogyakarta, IndonesiaFakultas Ekonomi dan Bisnis, Universitas Ahmad Dahlan Yogyakarta, Yogyakarta, Indonesia Fakultas Ekonomi, Universitas Negeri Malang, Malang, IndonesiaThis study tried to identified the market and the rental value of Grha Z as one of the local assets in Province A. This study used cost approach and income approach in valuation to obtain rental value and Net Present Value (NPV) of the building, the construction cost of a new Grha Z building, management office, home generator, and warehouse. Because of the limited information, this study valuate the asset asymmetrically. The result of the calculation produces the value of assets, taxable value assets as the basis for calculating the value of the rental assets according to Minister of Finance (MoF) Regulation 33/2012. The results showed that the rental value of local assets such as land and buildings in the area Grha Z can be increased by Regulation of Indonesian MoF Number 33/2012. It can be used as a material consideration in the improvement of regional asset rental agreement.http://irjbs.com/index.php/jurnalirjbs/article/view/1336rental valueincome approachcost approachlocal asset |
| spellingShingle | Farach Difa Akhmad Makhfatih Uswatun Khasanah Inayati Nuraini Dwiputri Rental Value of a Local Government Asset Using Asymmetric Valuation International Research Journal of Business Studies rental value income approach cost approach local asset |
| title | Rental Value of a Local Government Asset Using Asymmetric Valuation |
| title_full | Rental Value of a Local Government Asset Using Asymmetric Valuation |
| title_fullStr | Rental Value of a Local Government Asset Using Asymmetric Valuation |
| title_full_unstemmed | Rental Value of a Local Government Asset Using Asymmetric Valuation |
| title_short | Rental Value of a Local Government Asset Using Asymmetric Valuation |
| title_sort | rental value of a local government asset using asymmetric valuation |
| topic | rental value income approach cost approach local asset |
| url | http://irjbs.com/index.php/jurnalirjbs/article/view/1336 |
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