Analysis of Residential Property Demand Factors in 34 Indonesian Provinces for the 2019 - 2021 Period

Yanuar Akbar Wardoyo

Abstract


This research aims to determine the influence of property price variables, regional income (GRDP), population and facilities (regional access and infrastructure) on demand for residential property in 34 provinces in Indonesia. This research uses panel data obtained from the websites of the Central Statistics Agency (BPS) and Bank Indonesia (BI). The data in this research consists of property prices, regional income (GRDP), population, facilities (regional access and infrastructure) and the amount of residential property financing realization which is proxied as demand for residential property in 34 provinces in Indonesia in 2019 - 2021 (annual). The statistical model used is multiple linear regression analysis using the F test and t test. The results with the F test show that the independent variables (property prices, regional income (GRDP), population and facilities index) have a significant effect on demand for residential property in 34 provinces in Indonesia. Apart from that, the results of the t test show that the property price and population variables partially have a significant effect on Indonesian property demand, while the regional income (GRDP) and facility index variables do not have a significant effect on Indonesian property demand.

Keywords


Property Demand; Price; GRDP; Population; Facilities

Full Text:

PDF

References


Arjulita, M. (2014) ‘Effect Of Population Growth On Thr Demand For Housing In Pekanbaru City’, 1(2), pp. 1–19.

Dengah, S., Rumate, V. and Niode, A. (2014) ‘Analisis Pengaruh Pendapatan Perkapita Dan Jumlah Penduduk Terhadap Permintaan Perumahan Kota Manado Tahun 2003-2012’, Jurnal Berkala Ilmiah Efisiensi, 14(3), pp. 71–81. Available at: https://ejournal.unsrat.ac.id/index.php/jbie/article/view/5463/4970.

Edwards, M.I. (2011) Regional and Urban Economics and Economic Development. New York: Taylor & Francis Group.

Evans, A.W. (1995) ‘The Property Market: Ninety Per Cent Efficient?’, Urban Studies, 32(1), pp. 5–29. Available at: https://doi.org/10.1080/00420989550013194.

Firdaus, A. (1997) Permintaan dan Penawaran Perumahan. 07 edn. Jakarta: Valuestate.

Ghozali, I. (2014) Ekonometrika Teori, Konsep dan Aplikasi dengan IBM SPSS 22. Semarang: Badan Penerbit Universitas Diponegoro.

Hamidah, C. (2016) ‘Investasi Properti Sebagai Pilihan Keluarga Tenaga Kerja Indonesia (TKI) Di Kecamatan Babadan Kabupaten Ponorogo’, Rosiding Seminar Nasional Hasil-Hasil Penelitian 2016 : Bidang Agama Islam, Budaya, Ekonomi, Sosial Humaniora, Teknologi, Kesehatan, Dan Pendidikan, pp. 99–104.

Haslinda, H. (2019) ‘Analisis Pengaruh Faktor Ekonomi dan Non-Ekonomi Terhadap Peningkatan Permintaan Perumahan di Kota Watampone’, BALANCA : Jurnal Ekonomi dan Bisnis Islam, 1(2), pp. 149–172. Available at: https://doi.org/10.35905/balanca.v1i2.1142.

Jumriyanor, J. and Rusdianysah, R. (2020) ‘Pengaruh Harga, Fasilitas, Pengeluaran Konsumen, Dan Anggota Jumlah Keluarga Terhadap Permintaan Rumah Kpr Bersubsidi Kecamatan Alalak Kabupaten Batola’, JIEP: Jurnal Ilmu Ekonomi dan Pembangunan, 3(1), p. 243. Available at: https://doi.org/10.20527/jiep.v3i1.2221.

Marpaung, G.N. (2011) ‘Analisis Faktor-Faktor Yang Mempengaruhi Konsumen Terhadap Permintaan Perumahan’, JEJAK: Jurnal Ekonomi dan Kebijakan, 4(2), pp. 125–134.

Najib, S., Bado, B. and Imam, M. (2019) ‘Determinan Permintaan Kredit Pemilikan Rumah (KPR) Pada Himpunan Bank Milik Negara HIMBARA)’, pp. 1–7.

Priyastama, R. (2017) Buku Sakti Kuasai SPSS. Yogyakarta: Start Up.

Robert B Lamb, T.M.G. (2001) Capitalize on Merger Chaos: Six Ways to Profit from Your Competitor’s Consolidation. New York: The Free Press A Division of Simon & Schuster, Inc.

Romer, D. (2012) Advanced Macroeconomics. 4th edn. California: McGraw-Hill.

Siagian, D.H. (2017) ‘Analisis Pengaruh Suku Bunga dan Produk Domestik Bruto Tterhadap Permintaan Kredit Pemilikan Rumah Pada Bank Tabungan Negara di Indonesia Tahun 2001-2014’, JOM Fekon, 4(1), pp. 967–978.

Sihotang, M.K. (2018) ‘Pengaruh Fasilitas , Lokasi dan Pendapatan Terhadap Permintaan Perumahan Syariah di Kota Medan’, Jurnal Ekonomi Islam, 2(2), pp. 1–7.

Situmorang, M.K. (2018) ‘Pengaruh Harga Dan Pendapatan Konsumen Terhadap Permintaan Rumah Tipe 36’, Maneggio: Jurnal Ilmiah Magister Manajemen, 1(1), pp. 90–98. Available at: https://doi.org/10.30596/maneggio.v1i1.2340.

Susilowati, I. (2021) Analisis Kuantitatif Menggunakan STATA. Semarang: Fastindo.

Widiastuti, K.A. (2018) ‘Evaluasi Investasi Properti Pada Perumahan Bumi Kanjuruhan (Studi Pada Pt. Kharisma Karangploso)’, Manajemen Bisnis, 7(2), pp. 99–108. Available at: https://doi.org/10.22219/jmb.v7i2.7004.

Widyastuti, E. and Handayani, S. (2013) ‘Analisis Faktor-Faktor Yang Mempengaruhi Keputusan Pembelian Rumah Subsidi Dengan Menggunakan Analisis Regresi’, Prosiding Seminar Nasional Statistika, pp. 111–121. Available at: http://eprints.undip.ac.id/40289/1/A06_Erni_Widiastuti.pdf.




DOI: https://doi.org/10.21107/mediatrend.v18i2.22843

Bookmark and Share


Copyright (c) 2024 Media Trend

Creative Commons License

Mediatrend © 2015 - Journal of Economic & Development Studies | Development Economics Program - Faculty of Economics and Bussiness, Trunojoyo University
DESKRIPSI GAMBAR DESKRIPSI GAMBAR