Quantitative study of water impact on land value in Jakarta

Ahmad Gamal; Lailatul Rohmah; Cynthia Adelina Perangin Angin; Widya Laksmi Larasati; Ahmad Aki Muhaimin; Risty Khoirunisa; Dwinanti Rika Marthanty

doi:10.1080/1573062X.2023.2233489

Quantitative study of water impact on land value in Jakarta

Ahmad Gamal, Lailatul Rohmah, Cynthia Adelina Perangin Angin, Widya Laksmi Larasati, Ahmad Aki Muhaimin, Risty Khoirunisa, Dwinanti Rika Marthanty

Research output: Contribution to journal › Article › peer-review

Abstract

This research tries to fill the gap of empirical studies to demonstrate how water, both in terms of its role as a resource and disaster, is integrally related to the value of land. This study involves four water-related measures categories: source, disaster, supply, and infrastructure. The eight independent variables were tested upon Jakarta’s 3,725 land value zone samples. It is found that areas with more accessibility to wastewater management infrastructure have land value of IDR 476 per square meter higher than average. In contrast, land value in areas with higher risk of being affected by a flood is IDR 470.91 per square meter lower than average. This research signifies the importance of integral policy of clean water provision as well as water-related disaster prevention in urban areas.

Original language	English
Pages (from-to)	1063-1080
Number of pages	18
Journal	Urban Water Journal
Volume	20
Issue number	8
DOIs	https://doi.org/10.1080/1573062X.2023.2233489
Publication status	Accepted/In press - 2023

Keywords

Clean water
Jakarta
land value
water source
water-related disasters

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1080/1573062X.2023.2233489

Cite this

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title = "Quantitative study of water impact on land value in Jakarta",

abstract = "This research tries to fill the gap of empirical studies to demonstrate how water, both in terms of its role as a resource and disaster, is integrally related to the value of land. This study involves four water-related measures categories: source, disaster, supply, and infrastructure. The eight independent variables were tested upon Jakarta{\textquoteright}s 3,725 land value zone samples. It is found that areas with more accessibility to wastewater management infrastructure have land value of IDR 476 per square meter higher than average. In contrast, land value in areas with higher risk of being affected by a flood is IDR 470.91 per square meter lower than average. This research signifies the importance of integral policy of clean water provision as well as water-related disaster prevention in urban areas.",

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T1 - Quantitative study of water impact on land value in Jakarta

AU - Gamal, Ahmad

AU - Rohmah, Lailatul

AU - Adelina Perangin Angin, Cynthia

AU - Laksmi Larasati, Widya

AU - Muhaimin, Ahmad Aki

AU - Khoirunisa, Risty

AU - Rika Marthanty, Dwinanti

PY - 2023

Y1 - 2023

N2 - This research tries to fill the gap of empirical studies to demonstrate how water, both in terms of its role as a resource and disaster, is integrally related to the value of land. This study involves four water-related measures categories: source, disaster, supply, and infrastructure. The eight independent variables were tested upon Jakarta’s 3,725 land value zone samples. It is found that areas with more accessibility to wastewater management infrastructure have land value of IDR 476 per square meter higher than average. In contrast, land value in areas with higher risk of being affected by a flood is IDR 470.91 per square meter lower than average. This research signifies the importance of integral policy of clean water provision as well as water-related disaster prevention in urban areas.

AB - This research tries to fill the gap of empirical studies to demonstrate how water, both in terms of its role as a resource and disaster, is integrally related to the value of land. This study involves four water-related measures categories: source, disaster, supply, and infrastructure. The eight independent variables were tested upon Jakarta’s 3,725 land value zone samples. It is found that areas with more accessibility to wastewater management infrastructure have land value of IDR 476 per square meter higher than average. In contrast, land value in areas with higher risk of being affected by a flood is IDR 470.91 per square meter lower than average. This research signifies the importance of integral policy of clean water provision as well as water-related disaster prevention in urban areas.

KW - Clean water

KW - Jakarta

KW - land value

KW - water source

KW - water-related disasters

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SP - 1063

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Quantitative study of water impact on land value in Jakarta

Abstract

Keywords

UN SDGs

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