Int. J. Bus. Manag. Soc. Res. | Volume 05, Issue 02, 324-337| https://doi.org/10.18801/ijbmsr.050219.35
Article type: Research article, Received: 10.09.2018, Revised: 29.01.2018, Date of Publication: 25 February 2019.
Article type: Research article, Received: 10.09.2018, Revised: 29.01.2018, Date of Publication: 25 February 2019.
Asset optimization of baranangsiang terminal commercial area using highest and best use analysis: a case study of Bogor city government’s asset
Dwita Ayu Rahmadanti, Yudi Azis and Ratna Komara
Asset Management and Valuation, Faculty of Economics and Business, Padjadjaran University, Indonesia.
Asset Management and Valuation, Faculty of Economics and Business, Padjadjaran University, Indonesia.
Abstract
The main problem in Bogor city government’s financial report is non-compliance against the provisions of the asset management legislation. The idle assets will only become a burden for government if it’s not optimized, because it needs maintenance costs. Those assets have potential to be optimize in order to give revenue to government. This study aims to determine the best option of Bogor city government’s asset in the form of land in baranangsiang terminal area using Highest and Best Use (HBU) Analysis. The result of this research shows that the best alternative to be built in baranangsiang terminal commercial area is shopping center.
Keywords: Asset optimization, Highest and best use analysis, Case study and Bogor city
The main problem in Bogor city government’s financial report is non-compliance against the provisions of the asset management legislation. The idle assets will only become a burden for government if it’s not optimized, because it needs maintenance costs. Those assets have potential to be optimize in order to give revenue to government. This study aims to determine the best option of Bogor city government’s asset in the form of land in baranangsiang terminal area using Highest and Best Use (HBU) Analysis. The result of this research shows that the best alternative to be built in baranangsiang terminal commercial area is shopping center.
Keywords: Asset optimization, Highest and best use analysis, Case study and Bogor city
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Citations of This Article
MLA
Rahmadanti et al. “Asset optimization of baranangsiang terminal commercial area using highest and best use analysis: a case study of Bogor city government’s asset.” International Journal of Business, Management and Social Research 05(02) (2019): 324-337.
APA
Rahmadanti, D. A., Azis, Y. and Komara, R. (2019). Asset optimization of baranangsiang terminal commercial area using highest and best use analysis: a case study of Bogor city government’s asset. International Journal of Business, Management and Social Research, 05(02), 324-337.
Chicago
Rahmadanti, D. A., Azis, Y. and Komara, R. “Asset optimization of baranangsiang terminal commercial area using highest and best use analysis: a case study of Bogor city government’s asset.” International Journal of Business, Management and Social Research 05(02) (2019): 324-337.
Harvard
Rahmadanti, D. A., Azis, Y. and Komara, R. 2019. Asset optimization of baranangsiang terminal commercial area using highest and best use analysis: a case study of Bogor city government’s asset. International Journal of Business, Management and Social Research, 05(02), pp. 324-337.
Vancouver
Rahmadanti DA, Azis Y and Komara R. Asset optimization of baranangsiang terminal commercial area using highest and best use analysis: a case study of Bogor city government’s asset. International Journal of Business, Management and Social Research. 2019 February 05(02): 324-337.
Rahmadanti et al. “Asset optimization of baranangsiang terminal commercial area using highest and best use analysis: a case study of Bogor city government’s asset.” International Journal of Business, Management and Social Research 05(02) (2019): 324-337.
APA
Rahmadanti, D. A., Azis, Y. and Komara, R. (2019). Asset optimization of baranangsiang terminal commercial area using highest and best use analysis: a case study of Bogor city government’s asset. International Journal of Business, Management and Social Research, 05(02), 324-337.
Chicago
Rahmadanti, D. A., Azis, Y. and Komara, R. “Asset optimization of baranangsiang terminal commercial area using highest and best use analysis: a case study of Bogor city government’s asset.” International Journal of Business, Management and Social Research 05(02) (2019): 324-337.
Harvard
Rahmadanti, D. A., Azis, Y. and Komara, R. 2019. Asset optimization of baranangsiang terminal commercial area using highest and best use analysis: a case study of Bogor city government’s asset. International Journal of Business, Management and Social Research, 05(02), pp. 324-337.
Vancouver
Rahmadanti DA, Azis Y and Komara R. Asset optimization of baranangsiang terminal commercial area using highest and best use analysis: a case study of Bogor city government’s asset. International Journal of Business, Management and Social Research. 2019 February 05(02): 324-337.
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International Journal of Business, Management and Social Research, EISSN 2412-8279.