THE EFFECT OF THE LOCATIONS PERMIT ON URBAN LAND MARKETS: A Case Study in Jabotabek Area, Indonesia

Winayanti, Lana (1994) THE EFFECT OF THE LOCATIONS PERMIT ON URBAN LAND MARKETS: A Case Study in Jabotabek Area, Indonesia. Masters thesis, Universitas Tarumanagara.

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Abstract

This thesis calls attention to a form of inequality less generally mentioned by panners than inequality in earned income or in capital assets, but more directly linked than those to planning paractice: inequality in access to Information. By exploring how institutions interact in the peripheral land conversion process (e.g. the location permit), I will describe how lack of information has affected the land market. The government of Indonesia issues a location permit as a prerequisite for developers entering the formal housing market. This permit is meant to facilitate developers in acquiring and converting rural land, and gives developers an exclusive right to purchase land in certain area. In practice, the location permit gives problematic result and has not accomplished what it was intended to. First, although the location permit has facilitated the developers, several studies have suggest that the permit has given developers a monopsonistic position and has caused land to be held off from the market. second , the permit has not been effective as a tool for development. As an example 1) the new development is fragmented, and uncoordinated, and 2) developers have not build housing according to requirements of the permit, a proportion of 1:3:6 (high : middle : low incoming housing). Third, contrary to the requirements to acquire land directly from the land owners, Real Estate Indonesia claims that about 90% of developers acquire land through brokers (calo tanah). I look more closely into the institutions involved in the land acquisition process. Brokers (calo tanah ) play a great role in the land conversion process. My argument is that lack of information and knowledge on land markets is one of the reasons why brokers have become so dominant in the process. In the situation of lack of information,brokers have been able to fill this gap. Although brokers play an essential role in identifying and assembling land in the periphery, lack of information on market prices has enabled them to use the location permit as a vehicle to capture huge profits.

Item Type: Thesis (Masters)
Subjects: Tesis
Divisions: Pascasarjana
Depositing User: Puskom untar untar
Date Deposited: 10 Feb 2022 10:04
Last Modified: 10 Feb 2022 11:17
URI: http://repository.untar.ac.id/id/eprint/33925

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