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Hasil Pencarian

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Hern Rizal Gobi
"Kenaikan harga-harga properti hunian di Indonesia pada kurun waktu 2010-2012 telah menimbulkan kekhawatiran akan adanya bubble. Studi ini bertujuan untuk mengidentifikasi potensi bubble di pasar properti hunian dengan menggunakan 5 (lima) indikator: perbandingan antara harga rumah aktual dengan harga rumah berdasarkan predicted value-nya, perbandingan harga aktual dengan harga fundamentalnya berdasarkan ekspektasi rasional, mengukur price to income ratio dan price to rent ratio, menganalisis pertumbuhan kredit properti serta melibatkan control chart. Hasil penelitian menunjukan bahwa properti jenis apartemen menunjukan adanya indikasi bubble, namun untuk tipe perumahan, walaupun mengalami kenaikan di tahun 2012, bukan merupakan indikasi bubble. Hal ini dibuktikan dari hasil regresi yang dibuat menunjukan bahwa kenaikan harga rumah lebih disebabkan oleh perubahan faktor fundamental seperti peningkatan pendapatan penduduk, pertumbuhan populasi, tingkat inflasi yang stabil dan tingkat pengangguran yang cenderung turun, secara signifikan mempengaruhi kenaikan harga rumah.

The high increase of Indonesias property prices, particularly in the residential sector, during 2010-2012 has created a concern that it would lead to a bubble. This study aims to investigate the potential housing bubble in Indonesia using a combination of five (5) quantitative indicators, namely: a comparison between actual and predicted housing value, a comparison between actual price and fundamental price based on rational expectation, the price-to-income ratio and the price-to-rent ratio, development of mortgage loans and control chart as a statistical tool to quantify housing / apartment bubbles. The results suggest that the apartment sector was on its way of forming bubble in 2012, whereas the landed-house sector showed no indications of an impending bubble. Furthermore, based on the regression analysis, the rise of landed-house price was in line with fundamental factors such as increase in income, population growth, inflation and lower unemployment rate.
"
Depok: Fakultas Ekonomi dan Bisnis Universitas Indonesia, 2015
T43249
UI - Tesis Membership  Universitas Indonesia Library
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Dwi Winarno
"ABSTRAK
Skripsi ini membahas keberlangsungan stock price bubble pada pasar modal Indonesia periode 1997 2015 Pada penelitian ini dihasilkan kesimpulan bahwa terjadi beberapa periode bubble pada pasar modal Indonesia Dari hasil penelitian disimpulkan bahwa terdapat faktor faktor baik eksternal maupun internal yang menyebabkan terjadinya bubble Dari kesimpulan yang diperoleh investor dapat memanfaatkan informasi terjadinya bubble sebagai kesempatan mendapat return yang tinggi serta menghindari resiko atas terjadinya bubble burst.

ABSTRACT
This thesis discusses the existence of the stock price bubble in the Indonesian capital market for period 1997 2015 This research concluded that there are some bubble period in the Indonesian capital market The study concluded that there are factors both external and internal factors that caused the bubble The investor can exploit the information bubble as an opportunity to get a high return and to avoid the risk of the bubble burst. "
Depok: Fakultas Ekonomi dan Bisnis Universitas Indonesia, 2016
S61649
UI - Skripsi Membership  Universitas Indonesia Library
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Silvia Afriani
"Pembahasan mengenai apakah perubahan earning memiliki hubungan kausalitas terhadap tingkat imbal hasil saham merupakan hal yang masih diwarnai perdebatan. Dengan melihat adanya dugaan keterlibatan intrinsic bubble yang menurut Chen, Cheng, dan K.F Cheng (2009) mampu melatarbelakangi lahirnya perdebatan itu, penelitian ini dilakukan guna membuktikan dugaan tersebut di Indonesia. Dengan menggunakan beberapa data komposit Indonesia seperti IHSG, composite EPS (earning per share) dan composite DPS (dividend per share), juga data lainnya selama kurun waktu 2006-2012, penulis terlebih dahulu menguji keberadaan hubungan kausalitas antara perubahan earning dengan tingkat imbal hasil saham menggunakan VECM serta uji intrinsic bubble di Indonesia melalui OLS. Pada akhirnya, penelitian ini menyimpulkan bahwa intrinsic bubble terbukti tidak mempengaruhi hubungan kausalitas antara perubahan earning terhadap tingkat imbal hasil saham di Indonesia.

Discussions about whether changes in earning have a causality relation with stock returns are still in controversy. Based on the hypothesis by Chen, Cheng, and K.F Cheng (2009) that intrinsic bubble could be the reason of those controversial discussion, this study was made in order to prove this hypothesis in Indonesia. Using several Indonesian composite data such as IHSG, composite EPS (earning per share) and composite DPS (dividend per share), and also other Indonesian data during 2006-2012 period, researcher try to do some tests first. They are test to see the existance of the causality relation using VECM and also test to see the existance of intrinsic bubble using OLS. At the end, this study results a conclusion that intrinsic bubble is not affecting the causality relation between changes in earning and stock return in Indonesia.
"
Depok: Fakultas Ekonomi dan Bisnis Universitas Indonesia, 2013
S46917
UI - Skripsi Membership  Universitas Indonesia Library
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I Gede Aradea PS
"ABSTRAK
Penelitian ini bertujuan untuk menganalisis kemungkinan terjadinya gelembung harga di pasar perumahan di Indonesia dan menentukan determinannya. Variabel penelitian meliputi indeks harga properti residensial (IHPR), pendapatan domestik bruto (PDB), inflasi, suku bunga, pengangguran perkotaan, dan pekerja keuangan-properti-asuransi untuk periode 1999:Q1 hingga 2012:Q4. Penelitian menggunakan metode Vector Error Correction Model (VECM) di mana akan dilakukan uji stasioneritas, kausalitas, penentuan kelambanan optimal, dan kointegrasi data. Hasil penelitian menunjukkan bahwa tidak pernah terjadi gelembung harga di pasar perumahan Indonesia, Sedangkan variabel yang signifikan berperan dalam dinamika perubahan harga jangka pendek adalah PDB.

ABSTRAK
This study analyzes the possiblity of price bubble formation in Indonesia Housing Market and determines its determinant. The research variables consist of residential property price index (IHPR), income/gross domestic products (GDP), inflation, interest rate, urban unemployment, and finance-property-insurance employee during 1999:Q1 until 2012:Q4. The methodology used is Vector Error Correction Model (VECM) which will apply stationerity, causality, lag choice, and cointegration test on the data The results show that there is no price bubble in Indonesia housing market. Variable that most significantly determining the dynamics changes of short-term price are income (GDP)."
Depok: Fakultas Ekonomi dan Bisnis Universitas Indonesia, 2014
T43137
UI - Tesis Membership  Universitas Indonesia Library
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Nurrohman
"ABSTRAK
Limbah batik dapat menaikkan Total Suspended Solid (TSS) air sehingga
melebihi baku mutu. Salah satu teknik yang dapat digunakan untuk mengurangi
Total Suspended Solid adalah dengan flotasi gelembung. Efektifitas flotasi
gelembung tergantung dari tiga hal, yaitu probabilitas tumbukan antara
gelembung dengan partikel, proses partikel menempel pada permukaan
gelembung dan proses partikel dibawa oleh gelembung. Probabilitas-probabilitas
ini sangat dipengaruhi oleh karakteristik gelembung, yaitu diameter, kecepatan
naik sepanjang kolom, dan terminal velocity gelembung. Tujuan penelitian ini
adalah untuk mempelajari karakteristik small bubble (gelembung dengan diameter
0,2 mm sampai 1 mm) yang naik dalam kolom cairan. Penelitian tentang small
bubble telah dilakukan terhadap gelembung yang bergerak naik dalam kolom
setinggi 2 m yang berisi laturan tawas 100 g/L. Gelembung dihasilkan dengan
elektrolisis kemudian di-tracing menggunakan kamera yang ditempatkan pada
guideways. Video diolah dengan menggunakan software imageJ. Hasil
menunjukkan bahwa pada ketinggian 50 cm dari ujung katoda rata-rata
gelembung telah mencapai terminal velocity-nya. Pengaruh surfaktan tawas
terbukti mampu menurunkan terminal velocity gelembung.

ABSTRACT
Waste batik can raise Total Suspended Solid (TSS) that exceed the water
quality standard. One technique that can be used to reduce Total Suspended Solid
is bubbles flotation. The effectiveness of the bubbles flotation depends on three
things, namely the probability of collision between bubbles with particles, the
particles stick to the surface of the bubbles and the particles carried by the
bubbles. These probabilities are greatly influenced by the characteristics of the
bubble, i.e. diameter, rise velocity along the column, and terminal velocity of the
bubbles. The purpose of this research was to study the characteristics of small
bubbles (bubbles with a diameter of 0,2 mm to 1 mm), which rise in a liquid
column. Research have been made to bubbles rise within 2 m high column that
contains 100 g/L alum solution. Bubbles were produced by electrolysis and then
traced using a camera placed on a guideways. Videos were processed using
imageJ software. The results showed that at a height of 50 cm from the cathode tip
bubbles in average have reached its terminal velocity. It has been proven that
effect of alum surfactant can reduce the bubbles terminal velocity."
Fakultas Teknik Universitas Indonesia, 2012
S42175
UI - Skripsi Open  Universitas Indonesia Library
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Ganesanda Tikuallo R
"[Penelitian ini menganalisis kepemilikan saham investor asing serta investor domestic dalam sektor properti di Bursa Efek Indonesia, tahun 2008-2014. Dalam periode penelitian ini, jumlah kepemilikan saham investor asing di sektor properti bergerak menurun dan cenderung stagnan. Penelitian ini menggunakan metode uji regresi linear berganda untuk melihat faktor-faktor yang mempengaruhi kepemilikan saham asing di sektor properti. Variabel yang digunakan adalah persentase kepemilikan saham asing dan domestic di sektor properti sebagai variabel terikat, dan persentasi kepemilikan asing dan kepemilikan domestik pada periode sebelumnya, size (market capitalization), return saham, IHS sektoral serta IHSG sebagai variabel bebas. Analisis yang sama juga dilakukan kepada kepemilikan domestik dengan tujuan untuk mendapatkan perbandingan dengan kepemilikan asing. Hasil penelitian menyatakan bahwa kepemilikan saham pada periode sebelumnya dan ukuran perusahaan (size) mempengaruhi porsi kepemilikan saham asing dan domestik di sektor properti. Tetapi, variabel ukuran perusahaan (size) mempengaruhi kepemilikan saham domestik secara negatif di sektor properti.

This research analyzed foreign equity ownership and domestic equity ownership in the property sector, listed at the Indonesia Stock Exchange, year 2008-2014. During the research period, it was found that the foreign equity ownership in the property sector decreased and stagnated. This research used double linear regression method to analyse the which factors influence the foreign equity ownership in the property sector. This research uses variables as follows: foreign equity ownership percentage in the property sector as dependent variable, and foreign ownership at previous period, size (market capitalization), stock return, property sector stock return and market return as independent variable. The same analysis was conducted for the purpose of comparing the result with foreign equity ownership. Result of research stated that the stock ownership at previous period and size of the company influenced foreign stock in the property sector. However, domestic stock ownership is negatively influenced by size of the company in the property sector., This research analyzed foreign equity ownership and domestic equity ownership
in the property sector, listed at the Indonesia Stock Exchange, year 2008-2014.
During the research period, it was found that the foreign equity ownership in the
property sector decreased and stagnated. This research used double linear
regression method to analyse the which factors influence the foreign equity
ownership in the property sector. This research uses variables as follows: foreign
equity ownership percentage in the property sector as dependent variable, and
foreign ownership at previous period, size (market capitalization), stock return,
property sector stock return and market return as independent variable. The same
analysis was conducted for the purpose of comparing the result with foreign
equity ownership. Result of research stated that the stock ownership at previous
period and size of the company influenced foreign stock in the property sector.
However, domestic stock ownership is negatively influenced by size of the
company in the property sector.]
"
Depok: Fakultas Ekonomi dan Bisnis Universitas Indonesia, 2015
T-Pdf
UI - Tesis Membership  Universitas Indonesia Library
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Teuku Muhammad Irfan
"Tujuan penelitian ini adalah untuk mengetahui pengaruh harga properti terhadap indeks harga saham di Indonesia pada periode 2007 hingga 2011. Penelitian ini dilakukan karena pada penelitian sejenis yang dilakukan sebelumnya menghasilkan bahwa harga properti di Hong Kong maupun di Singapura berpengaruh terhadap indeks harga saham masing-masing negara tersebut, serta perkembangan bisnis properti di Indonesia yang dinilai menjanjikan dan terus meningkat. Metode penelitian pada penelitian ini menggunakan model Fama- Gibbons. Hasil penelitian menunjukkan bahwa harga properti mempengaruhi perubahan pada IHSG. Di sisi lain, tingkat laju inflasi sebagai variabel kontrol diketahui tidak memiliki pengaruh terhadap perubahan IHSG.

The objective of this study is to analyze the impact of property prices on stock prices indices in Indonesia within the period of 2007 until 2011. The research was conducted based on prior researches resulted that property prices in Hong Kong and Singapore affected to its stock price indices, as well as the development of the property business in Indonesia is promising and rising. The methodology for this study is the Fama-Gibbons model. The result indicated that the property prices have an impact to the change of Jakarta Composite Index (JCI). On the other hand, the inflation rate as the control variable has no impact to the change of JCI.
"
Depok: Fakultas Ekonomi dan Bisnis Universitas Indonesia, 2013
S45616
UI - Skripsi Membership  Universitas Indonesia Library
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Ronald
"[ABSTRAK
Penelitian ini bertujuan untuk menganalisis bagi perusahaan untuk dapat mengantisipasi kebangkrutan. Penelitian ini menggunakan dari rasio-rasio keuangan dari tahun 2010 sampai 2014.
Pada penelitian ini dalam melakukan analisis menggunakan model Altman untuk memprediksi kebangkrutan yang di batasi pada perusahaan-perusahaan pengembang properti. Dimana sampel yang digunakan adalah 35 perusahaan dengan menggunakan rasio-rasio keuangan sebagai indikator atas keadaan likuiditas, efisien, leverage, dan probabilitas perusahaan.
Pemodelan ini menggunakan metode analisis diskriman untuk memperoleh model yang baik. Hasil dari analisis diskriminan ini didapat rasio yang berpengaruh yaitu Working Capital, Total liabilities, Retain Earning , Total Asset, MVE,EBIT terhadap kebangkrutan.

ABSTRACT
This study aimed to analyze for companies to be able to anticipate bankruptcy. This study use financial ratios from 2010 to 2014. In this research using Altman model for bankruptcy in the limit on property development companies. The samples used were 35 companies using financial ratios as an indicator of the state of liquidity, efficient, leverage, and the probability of the company. This modeling a method discriminant analysis to obtain a good model. Results of discriminant analysis is obtained that affect the ratio current assets, current liabilities, net income, Retain Earnings, Total Assets, Operating Income, Net Sales for bankruptcy.
;This study aimed to analyze for companies to be able to anticipate bankruptcy. This study use financial ratios from 2010 to 2014. In this research using Altman model for bankruptcy in the limit on property development companies. The samples used were 35 companies using financial ratios as an indicator of the state of liquidity, efficient, leverage, and the probability of the company. This modeling a method discriminant analysis to obtain a good model. Results of discriminant analysis is obtained that affect the ratio current assets, current liabilities, net income, Retain Earnings, Total Assets, Operating Income, Net Sales for bankruptcy.
;This study aimed to analyze for companies to be able to anticipate bankruptcy. This study use financial ratios from 2010 to 2014. In this research using Altman model for bankruptcy in the limit on property development companies. The samples used were 35 companies using financial ratios as an indicator of the state of liquidity, efficient, leverage, and the probability of the company. This modeling a method discriminant analysis to obtain a good model. Results of discriminant analysis is obtained that affect the ratio current assets, current liabilities, net income, Retain Earnings, Total Assets, Operating Income, Net Sales for bankruptcy.
;This study aimed to analyze for companies to be able to anticipate bankruptcy. This study use financial ratios from 2010 to 2014. In this research using Altman model for bankruptcy in the limit on property development companies. The samples used were 35 companies using financial ratios as an indicator of the state of liquidity, efficient, leverage, and the probability of the company. This modeling a method discriminant analysis to obtain a good model. Results of discriminant analysis is obtained that affect the ratio current assets, current liabilities, net income, Retain Earnings, Total Assets, Operating Income, Net Sales for bankruptcy.
, This study aimed to analyze for companies to be able to anticipate bankruptcy. This study use financial ratios from 2010 to 2014. In this research using Altman model for bankruptcy in the limit on property development companies. The samples used were 35 companies using financial ratios as an indicator of the state of liquidity, efficient, leverage, and the probability of the company. This modeling a method discriminant analysis to obtain a good model. Results of discriminant analysis is obtained that affect the ratio current assets, current liabilities, net income, Retain Earnings, Total Assets, Operating Income, Net Sales for bankruptcy.
]"
2015
T-Pdf
UI - Tesis Membership  Universitas Indonesia Library
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Akbar Rachman
"Sumber daya energi yang paling banyak digunakan adalah energi yang tidak dapat diperbarui. Memasuki akhir abad 20, tuntutan untuk semakin mengubah kebiasaan tersebut semakin besar. Energi angin muncul sebagai sumber energi alternatif sekaligus sumber energi terbarukan. Indonesia sebagai negara kepulauan memiliki wilayah pesisir yang potensial untuk pengembangan listrik tenaga angin. Potensi energi yang siap dibangun lebih dari 9290 MW, dan kapasitas terpasang hingga tahun 2009 hanya mencapai 3 MW. Dilakukan studi analisis mengenai potensi energi angin secara lebih mendetil, serta pemetaan wilayah, dengan menggunakan metode distribusi probabilitas guna menghitung jumlah energi berdasarkan kecepatan rata-rata angin per provinsi di seluruh Indonesia dari tahun 2000 hingga tahun 2007. Hasil penelitian menunjukkan bahwa sebagian besar wilayah memiliki kecepatan angin rata-rata antara 2 m/s hingga 3 m/s, dan menghasilkan energi spesifik hingga mencapai 321 kW.hr/m2.

The most common energy used up to now are unrenewable energy. As the 20th century coming to an end, the needs to change that habit are becoming bigger. Wind energy came up as one of the alternative energy, also as a renewable ones. Indonesia as a country with many islands has potentially coastal areas to produce wind-generated energy. The potential energy reached the value of 9290 MW, whereas only 3 MW that are already installed and running. An analysis study is needed to explore wind energy potential more thoroughly, also a mapping method, with probability distribution as a tool to calculate the wind mean speed based energy value from each provinces in Indonesia from 2000 until 2007. The results show that most of the areas have various wind mean speed between 2 m/s and 3 m/s, and also generating spesific energy at the utmost value of 321 kW.hr/m2."
Depok: Fakultas Teknik Universitas Indonesia, 2012
S42323
UI - Skripsi Open  Universitas Indonesia Library
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Faiza Jamal
"Properti untuk kegiatan belanja merupakan salah satu produk Real Estat yang menarik, yang tidak sama dengan properti lainnya seperti perumahan dan perkantoran. Walaupun menarik, tetapi ternyata banyak unit toko di dalam bangunannya yang kosong, yang mengakibatkan unit toko lain yang terisipun tidak laku dan propertinya tidak ramai dikunjungi. Sementara dapat dikatakan bahwa properti ritel berjalan baik apabila unit toko didalamnya buka, tidak ada unit toko yang kosong, ruang sebagian besar atau semua terpakai, dan ramai akan pengunjung.
Dalam penulisan tesis ini dilakukan suatu analisis mengenai hubungan antara jenis kemilikan, yaitu sewa dan strata dengan tingkat pemanfaatan pada properti untuk kegiatan ritel. Metode yang digunakan adalah metode pendekatan kualitatif bersifat deskriptif dengan lingkup yang dibatasi atas properti untuk kegiatan ritel yang terdiri dari banyak unit toko dalam suatu bangunan di Jakarta.
Pengumpulan data berupa data primer yang didapat melalui penelitian lapangan langsung, wawancara dan kuisioner; dan berupa data sekunder yang didapat melalui tinjauan teori-teori. Untuk mendukung dan menambah bukti dalam menjawab pertanyaan, data juga diperoleh dari dokumen dan rekaman seperti agenda hasil seminar, laporan, dokumen administratif, penelitian resmi, kliping dan artikel dari media.
Data yang diperoleh, dipilah-pilah, dikelompokkan dan dikompilasi sesuai dengan kerangka konseptual atau urutan meneliti. Variabel yang ditinjau untuk keberhasilan suatu properti ritel adalah berupa jenis dan bentuk usaha, hubungan antara pihak terkait, terutama pengembang, pemilik, penyewa dan pengunjung, hubungan kerja, operasional, analisis market ritel, investasi, penilaian atas properti, periode waktu dan pengelolaan. Dari variabel-variabel tersebut yang menjadi variabel utamanya adalah operasional, pemasaran dari masing-masing jenis kemilikan yang diolah dengan membuat tabel sehingga diketahui hubungannya dengan tingkat pemanfaatan dalam unit toko didalamnya.
Hasil analisis menunjukkan kelebihan dan kelemahan dari masing-masing jenis kemilikan serta mengetahui pentingnya pengelolaan, operasional dan pemasaran sehingga dapat mengantisipasi permasalahan yang ada, yaitu masalah kekosongan pada unit toko dan dapat mengetahui kecenderungan perkembangan properti ritel nantinya.
Kesimpulan penelitian ini adalah memperlihatkan hubungan yang jelas dan sangat erat antara tingkat pemanfaatan dengan jenis kemilikan pada properti untuk kegiatan ritel. Jenis pemilikan sewa merupakan yang terbaik karena sudah pasti unit toko yang disewa digunakan sebagai tempat usaha, sedangkan untuk jenis kemilikan strata, terdapat kemungkinan dibeli untuk investasi yang dibiarkan kosong dengan harapan mendapatkan keuntungan dengan berjalannya waktu. Dengan mengetahui adanya hubungan tersebut diharapkan akan menjadi masukan yang bermanfaat dalam pengembangan properti ritel agar dapat berjalan dengan baik. Selain itu penelitian ini memberikan gambaran berupa usulan dalam membuat peraturan dan kebijakan yang berkaitan dengan properti untuk kegiatan ritel, yang mendukung semua pihak yang terkait.

Property for expense activity is one of the interesting Real Estate products. It?s
difference from other property, such as residesial and offices. Although it?s interesting, in fact, there are many store unit in the building is empty and not many people are visited. In the other word, that the retail property is affective if the inside of store unit is opened, no one is empty. Most of the room is effective and many people are visiting.
In this thesis, the writer would like to analyzed about the relationship about the kind of the ownership, that are rental retail and strata title retail with the usefullness level on property for the retail activity. The method using is qualitative methode description which the scope limited by the property for retail activities that are consist on many store units in one building in Jakarta. Collecting data consist on primer data with the research range activity, interview and questioner. Secondary data uses theories observation. To support and added the evidence to answere these question, the data achievement from document and notes like result agenda of seminar, report, administrative document, formal research, clipping, article from media.
The achievement data are classified, collected, make a compilation, base on conceptual framework or well organized research. The research variable for making retail property running well are the kind and type of retail property, the relation between suitable institution, particularly for developer, owner, leases and visitor, job relationship, operational, market analyses, retail market, investation, valuation and time periode. The important thing, are the managerial, operational and marketing from each kind of ownership, organized by making table or lists correlation with the occupancy rate on store unit inside.
The analyses result shows the benefit and weakness from each kind of ownership and know the important for managerial, operational and marketing. So, we can anticipate the problems, which are empty space problem on store unit and know the inclined development of next retail property.
The conclusion of this research is to show the relationship between the kind of ownership and occupancy rate on property for retail activity clearly. The rental retail is better than strata title retail, that?s because the store unit conducted as a rental effort places. For the strata title retail, there is possibility to be bought for investation, to get benefit for anytime which the store unit can be empty. With understanding the relationship, become the input to developing retail property better and the input for making regulation and wisdom that are correlated with property for retail activity and support the suitable element."
Depok: Fakultas Teknik Universitas Indonesia, 2008
T24652
UI - Tesis Open  Universitas Indonesia Library
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