| Summary: | The improvement of state asset optimization has a high correlation with its
appraisal`s quality. DJKN has to be able to conduct an accurate and accountable`s
valuation, becoming guidance and helping the development of valuer`s profession
in Indonesia. The quality of valuers in DJKN should be improved since the more
complicated problem in state assets and enhancing technologies.
The object of this research is the result of state asset valuation in 2008 that
also become underlying asset in issueing Surat Berharga Syariah Negara or sukuk.
The purpose of this research is analyzing variability in output of state land
appraisal in KPKNL Semarang to identify the accuracy and uniformity among the
result due the low transparency of property market information in Indonesia.
Sample data in this research is 59 observation, cross-section data from the
result of state asset valuation in KPKNL Semarang at 2008 from five location,
that is Kota Salatiga, Kabupaten Grobogan, Kota Semarang, Kabupaten
Magelang, Kabupaten Grobogan and Kabupaten Temanggung. In this research,
variable that has been analyzed are appraisal value indication and market price.
This research employs 1) descriptive statistics to get early indication of the
variability among the appraisal accuracy and its dispersion
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